The Smart Way to Upsize: Finding the Right Home for Your Growing Family
Alicia McCulloch - Investor Consultant, Property Manager
Empowering Property Owners with Expert Real Estate & Property Management Solutions in the Southern Coastal Corridor of Perth, Western Australia. Let’s chat! ??0488 779 146
As your family grows, so do your space requirements. What once felt like a cosy home may now feel cramped, with toys scattered in every corner and not enough storage for your expanding needs. If you’re considering upsizing, careful planning can make the transition smooth and financially viable.
Why Families Choose to Upsize
Families often decide to upsize when they:
Key Considerations When Upsizing
1.?Set a Realistic Budget
While a bigger home is appealing, it’s important to calculate additional costs such as higher mortgage repayments, council rates, utilities, and maintenance. Get pre-approved for a loan before you start house-hunting to understand your financial limits.
2.?Choose the Right Location
When selecting a new home, consider:
3.?Consider Future-Proofing Your Home
Think beyond immediate needs—will this home still suit your family in five or ten years? Look for adaptable spaces that can grow with you, such as multipurpose rooms or additional storage options.
4.?Sell First or Buy First?
This is a crucial decision that depends on your financial situation and market conditions. Selling first provides certainty about your budget, while buying first ensures you secure the perfect home but may require bridging finance.
Making the Move Smooth
To reduce stress, plan ahead:
Ready to Upsize? Let’s Chat!
Finding the right home for your growing family doesn’t have to be overwhelming. If you need expert guidance,?contact Alicia McCulloch?at?[email protected]?or?0459 185 872, or book a consultation?here.