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3 Reasons It Might Be Time to Move to a Larger House
Your 1,000-square foot home was perfect for just the two of you. The single bathroom was all you needed and you ate dinner on the couch—no need for a dining room! Fast-forward a few years and you’re feeling cramped. Could it be time to upgrade to a larger house? Here are three reasons why many Minnesota home buyers decide to Make the Move.
1. You’ve Welcomed Some New Additions
Whether they’re pets, kids, or parents, adding new permanent residents to your small home can quickly make it feel cramped. More spacehelps everyone co-exist happily. When thinking about your next home, consider what type of space you need. Are you longing after another bedroom or bathroom? Or, do you space for the kids and pets to play? Think about what your new additions need in terms of a new yard, community, and school.
2. You Love to Entertain
If you find yourself drooling over the large,
open-concept kitchen and living areas in home magazines that can fit 50 guests, it is time to start your house hunt. It’s difficult to entertain in a small home, whether for an evening or a weekend. If your home has little gathering space or no guest bedroom or dining area, consider taking a tour of some larger homes.
3. You’ve Maxed Out Your Equity
Many first-time homeowners buy a smaller home closer to Minneapolis or St. Paul, where house are similar in size, shape, and updates. It may not make sense to spend more money upgrading or adding onto your home when you won’t recoup the money when it’s time to sell. It may also cost more to make those renovations than it would to take on a slightly larger monthly mortgage payment. If you’ve already finished the basement or added a bath and it’s still not enough space, sell and move up to a larger home in a different neighborhood.
If your cramped home has you thinking about selling in 2016, it’s time to talk to a Realtor®. I can help you determine a comparable market value for your current home and find some wonderful, larger options you and your family can spread out in. To get started, contact Trent Shipley at Keller Williams Realty Integrity NW today.
