Whether “House Hunters” has given you the home-buying itch or your current abode no longer fits your lifestyle, there are plenty of reasons to relocate. Here are a few signs it may be time to move:
1. Space is getting tight.
Maybe you’re an avid cook with zero countertop space or a constant entertainer with no room for guests. Or, perhaps you’ve recently added a little one to the family. Regardless of why you need more space, you may have decided that now is the time for an upgrade. Plus, moving can be a simpler and quicker solution than renovating or building an addition—both of which may not give you as much space.
2. The commute is too long.
Make a smart move for your health with a home closer to work. Studies have found that longer commutes can lead to higher blood pressure, a higher body mass index and a higher waist circumference. Negative health effects from commuting make sense when you consider the frustrations of traffic, the pollution you’re breathing in, the sleep you lose and the quality family time you miss.
3. You want a bigger yard—or no yard at all.
Living in a space like an apartment building can mean having no private yard. Even if you own a house, it may have barely enough yard space for a grill and a few plants. If you dream of a large backyard and white picket fence, moving can make that dream a reality. On the other hand, if a lot of greenery is proving to be too much work to maintain, you can always move somewhere with a smaller yard or no yard at all.
4. You’re changing jobs.
According to the U.S. Census Bureau, about 10 percent of Americans move due to a new job or job transfer. While it can be difficult to uproot a life you’ve established, moving to a new city, state or country can be an exciting opportunity to start anew.
5. You’re looking for a better neighborhood or school district.
Sometimes there’s nothing you’d change about your current home except what’s around it. If you’re looking for a better neighborhood or school district, you may be considering a move. You can research crime statistics, average home prices, school test scores and more with websites such as City-Data, CrimeReports™ and Neighborhood Scout.
6. Your financial situation has changed.
If all your effort at work has led to a big raise or promotion, it may be the right time to upgrade to a nicer home. On the other hand, you may need to downsize if your budget has shifted or your financial circumstances have changed.
7. The housing market is just right.
Maybe you’ve been ready to move for a while, but the housing market would’ve meant you’d be unable to sell your current home or would have trouble affording a new home. If the market has recently taken a turn, it may be the right time to make a move.
Make a Smart Move
Whether you’re buying or selling a home, you can take advantage of the RealtyPlus® program available for members of Navy Federal Credit Union. This free program pairs you with a personal real estate coordinator, who helps you find the perfect real estate agent and follows up on your needs. Fill out a free consultation form online or call RealtyPlus at 1-800-233-0900.