In our area, we’ve seen a trend of maturing markets looking to downsize their space with units being the perfect choice. They get a smaller space to maintain whilst also moving closer to the city. Alternatively, families are still focused on upsizing to that perfect suburban home that is well constructed and responds well to renovation or refurbishment. When deciding whether it’s time to upsize or downsize your home, there are a few factors to consider.

When you’re cleaning, are you getting frustrated cleaning rooms you no longer use? This is a key identifier that you’re ready to downsize. You don’t want to be cleaning and caring for a home that you aren’t using to its full potential. If you’re spending more time cleaning than living, your space is too big.

Outdoor Space
When downsizing you may be giving up your larger entertaining spaces, whether inside or outside. If you’re looking to upsize, this may mean gaining space for your friends, family and any extracurricular activities. If you’re spending a lot of time having to corral the kids down to the park, it could be that you are in need of a large backyard space.

This is one of the most important indicators, is your family starting to grow or have all the kids moved out? As the size of your family grows, things change including the size of your home. Consider whether you need to invest in a home that can grow as you and your family do. If you’re an empty nester, perhaps this is now the time to downsize.

Consider what your opportunities are, whether you’re looking to downsize or upsize, by contacting our team. We can help you make an informed decision regarding your property journey.

Leave a Reply