Homes are easy to get attached too. Life-long memories are made there. New family members begin their lives there. You upgrade the space to make it feel more “home” like. Heck, your home might even be your workspace — whether you’re a remote worker or pro gambler at an online casino like Bovada.
The point is, sometimes, it can be hard to decide that you need to upgrade from it — despite there being tell-tale signs that it’s time to move on. What are those signs, you ask? Welp, we’re going to list several. If multiple of these apply to you, it may just be time to upsize despite your emotional attachment.
Sign #1 — Your Family Is Growing
Ah, yes, the number-one reason why families upgrade — a new addition to the family. Maybe your three-room place was great with two children but if a third kid is on the way, they’ll need their own living space. That is, unless you want siblings sharing a room, which can become disastrous as they get older.
We don’t want to put pressure on you here, but you owe it to your kids to “let them breathe” per se. Comfort is compromised in cramped spaces and you don’t want that translating into subpar school performance or their antsy attitude. So if you’re planning to add to the family or already have one on the way, you’re likely in the market for a larger home.
However, kids aren’t the only new additions to houses. Furry friends like cats and dogs also count. Depending on the breed and personality of the animal, it might need extra space to exercise and play. Like kids, cooped-up energetic animals in tight spaces can be a recipe for disaster so it’s best to avoid this situation altogether with a large-sized property.
Sign #2 — The Opportunity Is Too Good To Pass Up
Let’s be real: homes are investments. For many, it’s the biggest investment of their life — both dollar and time wise. Yes, you live inside them but the value goes up and down. During the past few years, the housing market was absolutely insane, becoming a “sellers market.” What that means is homes were being sold for 10-20 percent above listing prices routinely, all over the United States.
But things have changed in the past several months. As interest rates have shot up, home prices have “corrected.” It’s now become reasonable for many more to buy or upgrade their homes — so long as they have a surplus of cash and not stick themselves with a lengthy loan with a so-so interest rate. If that’s you, then you might want to take advantage of today’s opportunity.
Opportunities are always in flux with the housing market. But you need to stay on top of it with Internet research. If a home came up in your “dream neighborhood” and it’s heavily discounted, then it might be “now or never” to go after it. Ultimately, you’ll have to make this decision based on your own preferences and financial situation.
Sign #3 — You Need Privacy
There comes a point when many people need to retreat from others and live in a more isolated area amongst themselves. Maybe it happens when your next-door neighbor throws an obnoxiously-loud party next door that makes you lose sleep. Maybe it’s when your car gets broken into by a burglar.
The point is if you want a cushier living space — free of neighbors or bad crime — then you’ll likely need to retreat to the exterior of a city. Naturally, there’s more open space there, at least when compared to inner cities that are more likely to be overcrowded. The fact is you’re most likely to find this safe space in large-sizes homes and properties.
Sign #4 — You Can Afford To Upgrade
The last one on our list isn’t for everyone, but definitely applies to a select core or people. If money isn’t a big hindrance to your day-to-day decisions, then you might as well go for it.
Finances can change in your life — for better or worse. But if times are currently good, then it might be the opportune time to seize the opportunity. There’s just a certain piece of mind you get when you get whatever you want and don’t have to stress about affording it.