Is It Time to Upgrade to a Larger Home? | Trusted American Mortgage

Purchasing a new home is not a small decision. There are many factors to consider, including the financial obligation, a larger space to maintain and moving your family. But there are times when upgrading to a more spacious home makes sense for your lifestyle.

Your Family Is Growing

Adding to your growing family is a great reason to upgrade to a larger home. More family members typically means you’ll need more bedrooms and general living space.

You’re more likely to feel overrun, overwhelmed and cramped in a tight living environment.

Your Current Space Feels Cramped

Having a cluttered space is not an excuse for getting a larger home. Clutter will follow you around, regardless of how big your home is.

Having a cramped space is another story. Feeling uncomfortable in a small home can be caused by many factors, including just not having adequate space for your family size or having a home with an odd layout. If there isn’t an open floor plan or enough natural lighting, your home can feel smaller than it actually is.

You Plan on Moving, Anyway

There are so many reasons why you’d want to move to a new home or location. Maybe you’re looking to shorten your commute or get into a better school district. Perhaps you’re looking to move closer to family, to a state you’ve always wanted to live or into a different neighborhood.

If any of these reasons fit the bill, and you need more space anyway, purchasing a larger home just makes sense.

You Have the Budget

A larger space will almost always equate to a higher mortgage and additional upkeep costs. Figuring out how much of a mortgage you can afford is key when searching for a new home. If you need or want a larger space and can comfortably afford it in your desired neighborhood, it may be worth moving into your dream home!

Moving into a larger home is a big decision! There are so many things to consider when purchasing a new house and moving your family.

Have you made the decision to purchase a new home? Visit us today to learn more about our mortgage process!