There are plenty of reasons to move to a larger home. Whether it’s to accommodate a growing family, pursue a different lifestyle, or simply have more space to call your own, upsizing can enhance your quality of life.
Here are some benefits of upsizing and why it might be the perfect step for you and your family.
Becoming a second-stepper
Upsizing is an integral part of moving up the property ladder. A small house is a great starting point for first-time buyers, and many people will purchase a much smaller home than they plan to live in long-term due to budgeting restrictions.
Since houses increase in value over time, small houses and flats are great investments, even if it isn’t your ‘forever home’. Once you’re on the property ladder, you will be able to build up some equity on your home and eventually use it to upsize.
Are you a potential second-stepper? Find out how to sell after purchasing through Help to Buy.
Remote workers
According to the ONS, 44% of UK workers currently work remotely, which is made up of 16% full-time remote workers, and 28% hybrid workers.
Spending your 9-to-5 at home calls for a dedicated and ergonomic space, ideally separate from the rest of the household. Upsizing to a home with more bedrooms is a great option for remote and hybrid workers, as converting a room into a home office can significantly improve your work-life balance.
More space for your growing family
A common reason for upsizing is the need for more space to accommodate a growing family. As children grow up and change, they may require more than just a bedroom makeover.
Upsizing is ideal for giving kids their own rooms, study spaces, and play areas. Additionally, having a larger home can provide parents and teenagers with some more privacy and quietude, creating a harmonious living environment for everyone.
Future-proofing your investment
Upsizing can be a smart long-term investment strategy. As your family expands and your needs change, you’ll be less likely to outgrow your home quickly. Moreover, larger properties in well-established communities may have better resale value, offering you financial security and peace of mind.
Enhanced comfort and functionality
Upsizing gives you the opportunity to upgrade the functionality of your living spaces. Imagine having that dream kitchen you’ve always wanted, complete with an island, top-of-the-line appliances, and ample storage?
A bigger living room can be ideal for hosting gatherings and entertaining guests. Moreover, larger bathrooms with modern fixtures can transform your daily routines into luxurious experiences.
Increased storage and organisation
With more space, you’ll have the advantage of additional storage options. Say goodbye to cluttered closets and crammed garages. A bigger home allows you to stay organised with designated spaces for all your belongings, making it easier to find what you need when you need it.
Expanding your social circle
A larger home can encourage you to socialise more with family and friends. You’ll have the space to host gatherings, parties, and celebrations, creating cherished memories in the comfort of your own home. Moreover, with more space to accommodate guests, you’ll find yourself welcoming visitors from near and far.
Access to better amenities
Upsizing often means moving to a different area or community with improved amenities. These could include better schools, leisure activities, parks, shopping centres, and healthcare services.
Embracing a new area can add an exciting dimension to your life and provide a better quality of life for you and your family.
Thinking about upsizing? Contact your local Parkers agent today to find your next home.
