Are You Ready To Upsize Your Home?
When you bought your first home, it was perfect. The cute two bedroom home with a window seat, fireplace, and one bathroom was ideal for you. One spouse, two kids, one dog and one hamster later, though, it lacks the ideal charm that it seemed to have while you were single. If it's time for you to upsize your home, the MacGuire team would love to help you find a home that is perfect for your new goals and dreams. Here are a few things to consider as you start the home buying and selling process.
Check Your Finances
This is always the first step whether you're buying a home for the first time, or you are a veteran home buyer with years of experience under your belt. It's important that your finances are squared away and in good shape when you're buying a new home, especially when you'll be selling one at the same time. If you need some references for a good mortgage company to work with, we can recommend several in the area to help you determine exactly how much of an upsize you can afford.
How Much Room Do You Need?
Take some time to really think about what you want and need in the future. Are you planning on having more kids? If so, this will determine how many extra bedrooms you'll want to have in your home. Will your parents or your in-laws be needing a place to live in the next five years? You may want to look for a home with a finished basement or even a separate cottage. Thinking ahead now will keep you from regretting your choice a few years down the road.
Do You Have Time To Maintain a Larger Property?
While it may have been cramped, it wasn't hard to mow your small lot and quickly clean your 1,000 square foot home. Do you have the time and talent it takes to manage a larger establishment? If you plan to have a larger yard, you'll need to be able to care for that. More square footage can also come with more repairs that will be necessary in the future. Do you have the time and resources to make that happen?
Can You Sell Your Current Home?
This can be a huge factor when it comes to upsizing a home in Colorado Springs. Many families don't want to have a long limbo of selling one home while buying another and then having to manage two properties at the same time. By working with the best real estate agents in Colorado Springs, you can improve your chances because we'll do what it takes to help you achieve your real estate goals.
Are You Prepared For Extra Costs?
Not only will a larger property take more time, but it will also take more money. You may not be able to get by with the small push mower that you were using before. You may also have to buy more furniture to fill the empty spaces of the home. Did your previous home come with all hardwoods, and now your new home has carpet? You'll have to buy specific tools to care and clean this new home, and this has to be considered in your expenses. Also, with more space, comes larger utility bills. Your heating, air conditioning, and overall electric bill will increase, and you'll want to make sure your budget can handle this new pressure.
Best Real Estate in Colorado Springs
My team and I make sure to help you and your family as you make these needed adjustments in your life. I have been working in the real estate field for 25 years and with that experience, you can be sure you're in good hands. Buying and selling homes can seem like a chaotic transition, but when you work with the best real estate agent in Colorado Springs, it will be easier. Let my family treat you like family in all of your real estate needs!
Mike@BuyWithMike.com
This is always the first step whether you're buying a home for the first time, or you are a veteran home buyer with years of experience under your belt. It's important that your finances are squared away and in good shape when you're buying a new home, especially when you'll be selling one at the same time. If you need some references for a good mortgage company to work with, we can recommend several in the area to help you determine exactly how much of an upsize you can afford.
How Much Room Do You Need?
Take some time to really think about what you want and need in the future. Are you planning on having more kids? If so, this will determine how many extra bedrooms you'll want to have in your home. Will your parents or your in-laws be needing a place to live in the next five years? You may want to look for a home with a finished basement or even a separate cottage. Thinking ahead now will keep you from regretting your choice a few years down the road.
While it may have been cramped, it wasn't hard to mow your small lot and quickly clean your 1,000 square foot home. Do you have the time and talent it takes to manage a larger establishment? If you plan to have a larger yard, you'll need to be able to care for that. More square footage can also come with more repairs that will be necessary in the future. Do you have the time and resources to make that happen?
Can You Sell Your Current Home?
This can be a huge factor when it comes to upsizing a home in Colorado Springs. Many families don't want to have a long limbo of selling one home while buying another and then having to manage two properties at the same time. By working with the best real estate agents in Colorado Springs, you can improve your chances because we'll do what it takes to help you achieve your real estate goals.
Are You Prepared For Extra Costs?
Not only will a larger property take more time, but it will also take more money. You may not be able to get by with the small push mower that you were using before. You may also have to buy more furniture to fill the empty spaces of the home. Did your previous home come with all hardwoods, and now your new home has carpet? You'll have to buy specific tools to care and clean this new home, and this has to be considered in your expenses. Also, with more space, comes larger utility bills. Your heating, air conditioning, and overall electric bill will increase, and you'll want to make sure your budget can handle this new pressure.
My team and I make sure to help you and your family as you make these needed adjustments in your life. I have been working in the real estate field for 25 years and with that experience, you can be sure you're in good hands. Buying and selling homes can seem like a chaotic transition, but when you work with the best real estate agent in Colorado Springs, it will be easier. Let my family treat you like family in all of your real estate needs!
Mike MacGuire
Colorado Springs Real Estate Agent
The MacGuire Team
6760 Corporate Dr
Ste 300
Colorado Springs, CO 80919
719-536-4324 or 719-660-6793
Mike@BuyWithMike.com
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