Does the thought of changing your neighbourhood go through your mind more often than not? Here are some key indicators on when you really should consider making that move.
1. You Have Outgrown Your Neighbourhood
Your über-trendy, urban borough seemed just the thing five years ago. But suddenly, you are annoyed by the loud music spilling out of bars, clubs, and your neighbour's stereo. You long to go window-shopping and not face alarmingly skimpy outfits you would never wear. It is time to face facts: you are growing up, but your neighbourhood is not. Instead of wasting time judging your neighbours, consider a quieter or more sophisticated locale.
2. You Constantly Scan the Classified Ads
You have never been in a good position to sell your home, but have often dreamed of moving. A larger home. A smaller home. A country home. A city home. Lately, you find yourself scanning the classifieds, picking up home magazines, and even writing down phone numbers and website addresses. Speak with a professional and determine where you stand. It's probably time to make your dream home a priority.
3. You Are Starting a Family
Selling a home and moving is a big job, and starting a family an even bigger one. You do not want to be stuck doing both at the same time. If you are thinking seriously about having a child, it is also time to start thinking seriously about buying a family friendly home. There is nothing worse than packing and moving while pregnant, or worse, with a toddler underfoot.
4. Your Family Has Grown
Are your kids sharing a bedroom? Is your yard too small for a swing set? Do you often think wistfully of backward barbecues by the pool? Then the time has come to consider buying a home that will grow with your family. If you live in a city, it may be necessary to consider moving to the outskirts, where property is less dear.
5. You Have Made A Job Change
You have changed jobs and the commute is killing you. Although you are happy with your home, you are not happy with the extra hour you must travel to work each day. The reality is that the stress of a daily commute can subtract years from your life. If you want to have more time to spend patting yourself on the back for corporate successes, move closer to the office.
6. Home Renovation Is Not Enough
You are constantly working on a home improvement project, but are never satisfied. Perhaps you are simply a home-Reno junkie. Or perhaps, this endless fussing and fixing is a sign that your home just isn't doing it for you anymore.
7. Your Neighbourhood Is Going to the Dogs
Crime is on the rise, you feel nervous when the children are at school, and barely feel comfortable walking to the corner store. Do not waste time waiting for the situation to improve. Sell before your property value goes down in tandem with the quality of your neighbourhood.
8. Space Is An Issue
Moving into a one bedroom with your partner seemed like a good idea at the time, but you simply do not have enough room for all your stuff. There are plenty of good reasons to upgrade to a two bedroom. Consider moving up and out.
9. Properties In Your Neighbourhood Are Selling High
Your neighbour stopped by last week and mentioned the Joneses sold their home on the corner for a handsome price. Your curiosity is piqued. Do some research - a home is an investment, and if you can reap some financial rewards, go for it.
10. Your Home Is Too Big For You
The kids have moved out, and a big house is no longer necessary. It may be difficult to let go of the family home, with all the fond memories it holds. But downgrading to a smaller home will make it easier as you grow older, and will also free up some money to make those retirement travel or cottage dreams come true.
Source: HGTV.ca
Posted by David Shieh- Abbotsford Real Estate Agent Landmark Realty Corp.
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