Is it Time for a New Home? How to tell if it's Time To Move

At some point in your homeownership life you'll probably ask yourself if it's time to move. How do you know when the time has come? We've compiled four factors that could influence your decision.

Four Factors That Influence Decisions to Move

Space Needs

Homeowners who consider moving to a new house usually start to think about it when space becomes an issue. It's rare for a person or family to purchase a house and stay there for the rest of their lives. Families grow, nests empty, and homes become either too big or too small to accommodate the family's changed needs. If you're feeling pinched for space or feel like your voice echoes in the house, it may be time to start looking at properties for sale.

Location

Location is another reason for moving. People may relocate due to a change in jobs, or to be closer to family, or just to live in a new town. If you've grown weary of your commute, it doesn't hurt to start looking for houses closer to where you need to be every day.

Neighbors and Neighborhood

Places change and people change. Have all the neighbors you loved gone away? Has the neighborhood changed; becoming more crowded or emptier? Do you like the feel of the neighborhood and feel safe and comfortable there? If you're not happy with your neighbors or neighborhood, it may be time to relocate to somewhere you love.

Mortgage Costs

Despite the exciting idea of moving to a new home, the reality is, can you afford it? Mortgage costs can vary widely across suburbs. Moving to a larger home usually involves taking on a bigger mortgage payment, but not always. If you move out of the city, you may be able to afford a larger house without affecting your budget too much. Likewise, downsizing often results in a smaller house and smaller mortgage payment, but this is all dependent on the location you choose. Chances are, a loft in the city center will be more expensive than a 2-bedroom home in the South West. Take a good look at your budget, talk to a lender, and figure out if you can afford it. Building your new home could also be a good option to ensure you get the exact home you want within your budget.

To Move or Not To Move?

The decision of whether or not to move is a combination of personal choice, housing needs, and availability of finances. Some people love the idea of being in the same house their entire lives, and even pass down homes from generation to generation. Others enjoy a more flexible lifestyle and change living arrangements based on their life stages. Others are limited by finances.

Consulting a realtor or builder can give you an idea of what kinds of homes are available in your price range. These home professionals may be able to steer you towards trustworthy lenders, and might even know of some government home assistance schemes that can be used to help you finance your move. They will also be knowledgeable about neighborhoods and which ones would best meet your needs and fit your lifestyle. Use the resources available to help you make the best decision for your family.

Whether you are buying or selling a home let the Cindy Eich Team at Remax at Home, help you. Cindy Eich and Marty Eich have over 40 years of experience and really produce Results! Are you ready to make a move? Cindy Eich Team is ready to help! For a FREE Consultation, please call 847.255.1000.

 
 
 
 

Downsizing without Going Crazy: 5 Tips

Simplify. Less is more. Work smarter not harder. The trend of doing more with less: less stress, less clutter, less hassle, less needless spending is popular and not going away. More and more people are realizing that smaller can be better. Think of the popularity of smaller more fuel efficient vehicles, tablets versus laptops, personalized sizing in food and drink, smaller is a growing trend. This popular choice can also be seen in home choices as homeowners are downsizing to a smaller home.

Downsizing to a smaller home is becoming ever common and not just with empty nesters or retirees. Many homeowners are finding that too much home is just too much and want to find the just right home with the right size and price. Below are five tips to help with the decision to downsize and keep sane during the process.

Best Laid Plans

Downsizing is often filled with images of empty nesters and retirees, giving away no longer needed items, having yard sales and donating the rest, because there won't be room at the new house. But this scenario doesn't have to be the case, regardless of the age or reason for downsizing. By looking at a well-planned home with smartly placed closets and storage, it is possible to easily move to a smaller space and keep beloved items. One sure fire way to ensure an efficient and smart floor plan is to consider a master planned community and its various home plans and options.

Start at the Bottom

Once the home or floor plan is chosen, be sure to take accurate measurements and begin to plot and plan furniture and room arrangements carefully. Also, be sure measure closets and to truly assess the storage space offered by cabinets, pantries, closets and any built-ins such as shelves and desks. Built-ins may mean that a downsizer is able to give away or sell bulky furniture pieces such as bookcases, desks, breakfast tables and other like items.

Pack the Best

When it comes to moving into the new home, much of the work is done at the old. Be sure to allow time to go through items, knowing what to keep, donate/sell, and toss. Let the new smaller home truly showcase the best of the best, most treasured and favorite items. By following the two tips above, all the best showcase spots will be known in advance to truly spotlight these special treasures.

Start Fresh

Some find that one of the best ways to downsize, especially when moving into a newly built home, is to start fresh. Having a garage sale, giving items to friends and family, or donating all provide open cabinets and closets. This way a new home with specially chosen paint, flooring, appliance and other amenities will have d├ęcor, furniture and all the minutia of daily life that match and fit perfectly.

Take Care

When downsizing to a smaller home, take care to find a community and floor plan that meets life today and will be comfortable tomorrow. Although less is more and simplicity is bliss, without daily necessities, budgets and frustrations may soar. Be true to needs and what is tolerable. Working with a builder in a carefully chosen master planned community often will help answer and sort through tough questions to ensure a smaller home is a happier home.