Moving house can be a costly business, but there will probably come a time when you feel as if your existing home just isn’t large enough to accommodate you, your partner, kids, step kids, grandparents, in-laws, and various pets. So how do you know when the time has come to bite the bullet and look at larger Montreal condos for your family?
An Ever-Growing Family
Modern blended families just keep on getting larger and larger. As soon as one relationship ends and you embark on a new relationship with someone else who has kids of their own, it becomes increasingly difficult to find the room for everyone to have their own space. If the kids spend a lot of time living with a different parent, it’s not too bad, but if they all live with you full-time, space is likely to be at a premium.
The time has come to move to a larger property when nobody has their own room and multiple children are sleeping like sardines in one room. It’s not good for them and it won’t be good for you when the arguments begin.
No Space for Your Hobby
Some hobbies take up very little room, so if you collect stamps, you won’t have a problem. However, if you collect sports cars or speedboats, this will definitely be a problem as you are likely to run out of space very quickly. So, if your vintage car collection is spilling out on to the street or the herd of pet llamas has taken up residence in your garage, now would be a good time to start looking at properties with extra space.
You Collect Pets
Speaking of llamas, some pets do have a tendency to take up a lot of room. Cats and other smaller creatures are not too bad, but ponies and large beasts of that ilk will require quite a lot of space to feel comfortable. As such, it is a good idea to buy a property large enough to accommodate your pet collection before they outgrow their living quarters.
Make a Smart Investment
Buying a larger property can often be a good investment. If the property market is on the up, you will make money buying and selling as long as you invest in the right properties. For best results, look for a larger property that needs some work doing – as long as you can do some of the work yourself, you should make a profit on the transaction when you sell it on.
You’re a Lotto Winner
If you are lucky enough to have won a huge sum of money on the lotto, now is an excellent time to upgrade to a vast mansion in a desirable location. Unlike the rest of us, you won’t have a budget to think about, so you can have lots of fun looking!
Once you know you want to upgrade to a bigger home, start looking at available properties to see what you can afford. And if you can’t afford a larger home, consider extending your existing property.