No matter how much you love your current property, you may be dreaming
of the day you can buy up into a better home in a better neighbourhood.
Is that day today, or, is it a few years down the road?
Here’s a quick way to make that assessment.
First, make a list of all the practical reasons why it might be time to move
up. Those reasons might include features such as: more bedrooms,
proximity to work and school, a larger backyard with trees, nearby parks and
walking paths and better access to things you enjoy like theatre.
Next, make a list of the emotional reasons for making such a move. Those
reasons might include memorable get-togethers with friends on a more
spacious deck, an easier and less stressful commute to work, more family
time with the kids and enjoyable Saturday golf at a nearby course.
Finally, take a financial snapshot to determine if you can afford to move up.
You’ll need to get a good idea of what your current property will sell for in
today’s market, average price of homes in your desired neighbourhood, and
how much mortgage you’ll need.
Once you have all that down on paper, you’ll have a clear picture of your
readiness. If the practical and emotional reasons for buying up are
compelling, and you can afford to make the move, then you have your
answer.
The time is now!
By the way, if you need help in making this determination – especially
figuring out what your home will likely sell for, call today.
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