Everyone dreams of moving up, of getting a bigger, better house where they can really spread out and impress their friends. Many people are tempted to do just that, but a quick look at the prices on Leslieville homes for sale changes their minds. Moving up comes with a high cost, so you had better be sure you really need to move up before you do it. Here are a few tips and tricks that will help you make sure you're ready to take this step.
There are two requirements that any family considering moving up should meet if they want to get a bigger and better house. The first is need and the second is the ability to pay. Many single people or couples buy huge houses with many bedrooms and bathrooms just for the social status or to have something to do with their money. But this is an extravagant thing to do in a city where living space is at a premium. So if you don't need the space, leave that house for sale in Mississauga for a family to buy and get a luxury condo instead.
It's obvious when a family has outgrown their current living space. Kids end up sleeping two or three to a room. There never seems to be enough storage space to put all the toys and diapers away at the same time, and family members are always tripping over each other when they're trying to do simple tasks. Other reasons you might outgrow a house include getting married, having a family member move in, or having frequent house guests.
But of course, there are plenty of families that could use a bit of extra space but don't go out and buy it, because they cannot afford it. This is something that you must determine before you start house shopping: can you afford the mortgage in Edmonton you'll need to take out to get a bigger house. Sit down and budget. If the payments will eat up more than 30% of your combined income, you can't afford it.
That doesn't mean that you can't move up, it just means you have to be more creative about it. If you have some expensive bedroom art you can sell that to help fund your move. Or you can move to a different neighborhood, town, or city where the real estate prices are cheaper. There are always options that can help you make it work, so talk to a realtor before you give up.
If you want to sell your home but are not sure where to start, contact us!
Call Kim at 416-400-8107 to start saving time and money on your mortgage.
Nobody knows the Davisville Village and Leaside area better than Patrick!