Upsizing your home may sound like the simplest thing in the world but is anything but. Upsizing comes with its own challenges and pitfalls. Something that you are definitely going to want in order to upsize your home is hiring the best movers in Denver. Other than that, upsizing is all about your own goals, market conditions, and resale value. If you want to be with peace with yourself after upsizing, you need to know that you’ve made the right decision. And in order to make the right decision, you will need knowledge.
And that is what this article aims to provide. Knowledge about the whole upsizing process and how it might affect you. The first thing that you need to do is to:
How to upsize your home? – Write down your goals
Make sure that your goals are aligned with the rest of your family before you proceed with upsizing. If some family members are going to be critically unhappy, then maybe the whole idea is not right for your household. Make sure that every member gets to chime in on this process. Write down what you expect from the upsize, what are your wishes, your desires. Also, write down what are your expectations. Then have a nice talk about all of that either with your family members or some trusted friends.
You need to make sure that the whole idea is right for you and writing down your thoughts really helps with the process. Make sure to ask the wisest of your friends for assistance on this matter. It is a big step in life and you need to make sure that you’ve considered everything. Once you are sure that you actually want to upsize, it is time to start the process. There will be:
3 steps to upsize your home
All good upsizing projects have these three steps in them. You will need to:
- Determine how will you use the space in order to upsize your home
- Explore market conditions
- Consider resale value
1. Determine how will you use the space in order to upsize your home
The first thing is to figure out what will this new space provide for you and your family. There will be a lot more space to fill and you may need to purchase additional items in order to fill it. This is something that you need to figure out sooner rather than later. Otherwise, you might end up in an upsized home where you are not really using the larger side to its full potential. Make some plans, figure out what is it that you can use the space for when you move to your bigger home. Remember, you need to improve your living conditions with this space. It is up to you to figure out what will have the greatest impact on your life.
For example, if I was to upsize my home, I would want a dungeons&dragons themed room. Just for myself. That would make me happy. However, I am not the only one who gets to decide, my wife gets a say in it, as well. She says there is no way in hell that I am getting a single room for my hobby, for example. Then I don’t really want to upsize when there is nothing that will be gained for me. Things like these need to be sorted out before you take the plunge. The next step is to:
2. Explore market conditions
You will want to make sure that you are doing the right thing at the right time. While you may want to upsize straight away, it may actually be better to wait. It all depends on the current market conditions. Once you are certain that the time (and price) is right, go ahead and get some moving quotes Denver and get the whole process rolling. You want to make sure that you get the best price for selling your old home while simultaneously getting the lowest price on the new one. This can be really tricky and time-consuming so be prepared for that. But if you manage to get the perfect timing, your savings will be considerable.
3. Consider resale value
Before you go into your new, upsized, home, you will need to also consider if that is a good financial investment. Even if you are 100% sure that upsizing is what you want, some times you simply will not be able to adapt to the new lifestyle. You may want to downsize again. The best thing to do is to be prepared for such eventuality. That is why you need to consider calculating the factors that may contribute to your new home’s resale value. Ask your agent about their opinion on the matter, as well. It mostly depends on the development plans of the area, when it comes to housing. While that is not really an exact science, you can have a really good educated guess on whether the resale value will increase slower or faster.
All in all, consider resale value as it is something that might be pertinent sometime in the future.
Moving into a larger home can be a lot of work. You may already be exhausted from all the work you’ve done in setting up the upsize and may need some help. This is the time to call a professional moving company and let them take care of things. You want your time to be as free as possible, with the least amount of stress associated. There will be a lot on your plate, either way, you don’t want to add moving complications to the list.
Upsizing your home is usually a great thing to do. We, humans, love big spaces and the more space we have, the happier we get (most of the time). Just make sure to avoid the common pitfalls when you want to upsize your home and everything will be fine.