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When is the right time to upsize your home?

Deciding to upsize your home is a significant milestone. Whether you’re expanding your family, needing more space for a home office, or simply craving more room to breathe, upsizing can greatly enhance your quality of life. But how do you know when it’s the right time? Alexander Philips your local property experts are here to help you determine the perfect moment to make your next move in the Sussex property market.

Time to search for a new home in Sussex

Growing family needs: One of the most common reasons for upsizing is an expanding family. If you’re expecting a new addition or your children are growing up and need more space, moving to a larger home can provide the comfort and convenience you need.

Working from home: The shift towards remote work has made having a dedicated home office more important than ever. If your current home lacks the space for a productive work environment, upsizing could be the solution.

Lifestyle changes: Changes in your lifestyle, such as new hobbies or the need for a home gym, can make your current home feel cramped. More space allows you to enjoy your interests without feeling restricted.

Financial readiness: If you’ve reached a point where you can comfortably afford a larger home, including higher mortgage payments, utility costs, and maintenance, it might be the right time to upsize.

Desire for a better location: Sometimes, upsizing is about more than just space. If you’re looking to move to a better neighbourhood with more amenities, better schools, or closer proximity to work, it might be time to consider a larger home in a new area.

How to prepare for upsizing your home

Evaluate your finances: Before making any decisions, assess your financial situation. Consider your savings, income stability, and future financial commitments. Speak to a financial advisor if needed to ensure you’re making a sound decision.

Determine your needs and wants: Make a list of what you need and want in your new home to help streamline your property search. This might include the number of bedrooms and bathrooms, garden space, proximity to schools, or modern amenities.

Research the market: Understand the current property market trends. Work with a local property expert, like Alexander Philips, to get insights into market conditions, pricing, and availability of larger homes in your desired area.

Get pre-approved for a mortgage: Securing a mortgage pre-approval can give you a realistic idea of what you can afford and make you a more attractive buyer. It also speeds up the buying process once you find the right home.

Plan the move: Upsizing often means a bigger move. Plan the logistics, including hiring movers, packing, and setting up your new home. A well-organised move reduces stress and ensures a smooth transition.

Sell your house with Alexander Philips

Upsizing your home is an exciting journey that marks a new chapter in your life. At Alexander Philips, we’re here to guide you through every step of the process, ensuring you find the perfect new home to fit your evolving needs. Ready to upsize? Contact us today to get started on your journey to a larger, more comfortable home.

Upsizing your home

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