BYM the advantages of upsizing
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15/09/23
Selling

How to know when it’s time to upsize

Home requirements change constantly, whether planned or not, and if your home no longer accommodates an area of your lifestyle, it could be time to upsize.

Whether your family has outgrown your home, or you’ve found yourself in need of more space, moving onwards and upwards comes with a range of advantages. Here are some of the reasons you may be considering finding a better fit.

Start your search for a larger home

Accommodating working patterns

Since the COVID-19 lockdowns, working behaviours have shifted drastically. According to the ONS, 44% of UK workers currently work remotely, either full-time or on a hybrid basis.

Where spare bedrooms might have once been considered a luxury, they are becoming more of a necessity for those who spend their 9-to-5s at home.

If you've transitioned to working from home and anticipate that this arrangement will continue, you may need extra space for a home office. A dedicated workspace can greatly improve your productivity and work-life balance.

Consider upsizing to a property with an extra room or converting an existing space into a functional office.

Lifestyle changes

As you progress through different stages of life, your lifestyle and activities may change. If you've picked up new interests that require extra space - either for the equipment or activity itself, your current home may not be accommodating.

Upsizing can give you the room to fully indulge in your passions without cluttering your living areas.

More space for your growing family

One of the most common reasons people consider upsizing is a growing family. That cosy one-bedroom apartment that was perfect for two might start feeling cramped when a baby arrives.

As children grow, they need more space to play, study, and store their belongings. If you find yourself tripping over toys or struggling to create a dedicated play area, it may be time to start looking for a larger property with additional bedrooms and a spacious garden.

Related: What to consider before buying a family home

Storage constraints

Over time, possessions accumulate, and storage space can quickly become inadequate. If you find yourself resorting to creative storage solutions or overcrowded cupboards, it may be time for a larger home with ample storage options.

A bigger property can also provide space for seasonal items, sports equipment, and other belongings you'd like to keep accessible but out of sight.

Enhanced privacy

Living arrangements can change within a household. Growing teenagers may crave more privacy, or you may have elderly parents moving in.

An upsized home can provide separate bedrooms, living spaces, or even a self-contained annex, offering everyone the privacy and independence they desire while maintaining a sense of togetherness.

Financial stability

Financial stability and long-term planning play a significant role in deciding when to upsize. If your financial situation has improved, and you have the means to comfortably afford a larger home, it might be a wise investment.

Keep in mind that upsizing should align with your overall financial goals and not put excessive strain on your budget.

Location preference

Sometimes, it's not just the size of the property but also the location that matters.

If you've always dreamed of living in a particular area or closer to work, it might be worth considering an upsized home in that location. A better location can enhance your daily life and overall happiness.

For more moving advice, contact your local Whitegates branch


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