Stay or Move? How to decide?
Do you sometimes review the real estate ads in your local
paper? Do you drive by an open house sign and feel the urge to
stop and check it out? Those are common indications that, at
least on some level, you’re thinking about the possibility of
making a move.
But how do you decide if you should actually move?
The first step is to consider whether there are any practical
reasons to consider buying a new home. What’s pushing you in
that direction?
• Is your current home too small for your needs?
• Is the commute to work, for you or your spouse, too long?
(Perhaps longer than you expected when you purchased
the home?)
• Are there property features you would now like to have,
such as a larger backyard or a more spacious kitchen?
• Has the neighborhood changed in an undesirable way?
• Do you have personal reasons for wanting to move, such as
a desire to be closer to relatives in another area?
Carefully consider those things that can’t change unless you
move. For example, if a major highway was recently built near
you, the ongoing sound of traffic isn’t going to go away. It’s now
part of the neighborhood.
If there are no practical reasons for moving, there may still be
other reasons for wanting a new home. You may want to move
your family to a better neighborhood, with better schools or you
may simply want a bigger home, with a larger backyard, more
rooms, and a wider driveway.
There’s absolutely nothing wrong with simply wanting a better
place than the one you have now. In fact, that is a common
reason why many people make a move.
Shopping for the right neighborhood
When most people shop for a new home, they think about the kind
of house they want: three bedrooms, two bathrooms, a tree in the backyard.
But it also makes sense to shop for the right neighborhood. Think about it.
In what type of area would you most like to live? What neighborhood
features do you want most? For example, you may want your next neighborhood
to have a good high school, a nearby recreation center, and close access to
public transit. Make a list of what you want and then go “shopping” by visiting
neighborhoods that meet your criteria. Your next home is more than just a
property; it’s a dream home in a desirable location.
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