Team Davidson,  Ghada and Sean

Team Davidson, Ghada and Sean

Sales Representatives

KELLER WILLIAMS Real Estate Associates, Brokerage *

Mobile:
416-523-4435
Office:
(905) 812-8123
Email Me

Upsizing or Downsizing? Don’t Overdo It!

Imagine you have a growing family, and you want to trade in the small
sedan for something larger. So, you visit the dealership and come back
with a bus.
Well, that would be upsizing a bit too much – unless you have a really
huge family!
That’s the challenge of upsizing or downsizing. You need to be careful not
to take it too far and end up with something that isn’t suitable.
This often occurs in the real estate world. For example, homeowners might
decide to sell their home and find a smaller one. But, if they go too far,
they end up with a property so small they feel claustrophobic.
How do you avoid a similar scenario happening to you?
If you’re thinking of upsizing or downsizing, the best place to start is in
your own home. Think about how you use the space. Do you and your
family spend a lot of time in certain areas? Are there rooms and other
spaces that are rarely used? Or, conversely, do you wish you had more
room — such as an extra bedroom, wider driveway, separate living and
family rooms, etc.?
Do a thoughtful analysis of how you’re using your current property in order
to reveal clues about what you’ll want in your next home. If you’re
upsizing, you might find that all you need is an extra bedroom. If you’re
downsizing, you might realize that one family room, rather than separate
living and family rooms, would work better for you.
So, whether you’re upsizing or downsizing, carefully decide what type of
new home you need. Be as specific as possible. Consider criteria such as
the number of bedrooms, entertaining space, bathrooms, driveway size,
etc., that you need. Doing that will help ensure your upsizing or downsizing
move will be successful.

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