UPSIZING YOUR HOME
Unfortunately,
our homes don’t always grow with us. What may have initially worked fine for a
single person, a young couple’s starter home, or a family with a newborn can
quickly become too small as families expand and multiple generations live under
one roof.
Remodeling
and adding to your home is one option for creating more space, but it can be
costly, and the size of your property may be prohibitive. That’s when moving to
a bigger home becomes the best solution.
WHERE DO YOU NEED MORE SPACE?
The first
thought when upsizing your home is to simply consider square footage, bedrooms,
and bathrooms. But it’s important to take a more critical approach to how your
space will actually be used. If you have younger children (or possibly more on
the way), then focusing on bedrooms and bathrooms makes sense. But if your
children are closer to heading off to college or starting their own families,
it may be better to prioritize group spaces like the kitchen, dining room,
living room, and outdoor space—it’ll pay off during the holidays or summer
vacations, when everyone is coming to visit for big gatherings.
MOVING OUTWARD
If you need
more space, but don’t necessarily want a more expensive home, you can probably
get a lot more house for your money if you move a little further from a city
center. While the walkability and short commutes of a dense neighborhood or
condo are hard to leave beyond, your lifestyle—and preferences for hosting
Thanksgiving, barbecues, and birthdays—might mean that a spacious home in the
suburbs makes the most sense. It’s your best option for upsizing while avoiding
a heftier price tag.
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