Buying and Selling November 9, 2023

Are you Team Upsize or Team Downsize?

Thinking about whether it’s time to make your family nest bigger or smaller? Well, it’s not always an easy decision. There are a bunch of things to mull over before you decide to take the plunge into a bigger space or cozy up in a smaller one. Whether you’re daydreaming about extra room for the fam or eyeing that minimalist lifestyle, here are some things to think about.

First off, how’s your current space treating you? Are you all bumping into each other, craving some personal space, or maybe tired of using the dining table as your makeshift office? Maybe it’s time to upsize. But if there are rooms gathering dust or you’re tired of paying taxes for space you don’t need, downsizing might be more your speed.

And what about the upkeep? If you’re eyeing a bigger place, think about the extra cash and time you’ll need for maintenance. Can you handle the cleaning, lawn care, and general house TLC that comes with it? If not, maybe it’s time to downsize to a place where someone else takes care of the nitty-gritty.

Now, let’s talk outdoor vibes. Ready to trade your garden for a low-maintenance spot? Or maybe your furry friends need some space to roam. Consider what kind of outdoor scene fits your lifestyle.

Peek into the crystal ball and think about the future. Do you see yourself hosting family gatherings in a big house, or are you more the guest type? Will you be throwing parties, or are you planning to hit the town for fun? And what if life throws you a curveball – can you see yourself solo in your current digs?

Money matters, right? Can you handle the extra costs of a bigger place, or is it time to tighten the belt with a downsized budget? Check where you’re at with your current mortgage and weigh the pros and cons of starting a new one. And don’t forget about the tax implications – they can be a game-changer.

Speaking of games, let’s talk market. Selling a big house in a hot market? That’s a win. But upsizing in a seller’s paradise might be a bit of a gamble. It’s all about weighing the risks and rewards.

So, whether you’re team upsize or downsize, I’ve got your back. Let’s figure out your next move together and make sure it’s the right one for you.  Let’s connect.