Often this is true. During different stages of change in your life, your needs for housing can change too. This can mean it’s time for a home, or a new style of home, depending on what’s happening in your world. If you think about it for a few minutes, it truly makes sense.
At some point in your early twenties, after high school, trade school, college, etc….you will probably decide that it’s time to move out on your own. Renting may be a first option, but perhaps you’ve been able to save enough for a down payment and you don’t wish to throw your money away on rent. It’s time to move out of mom and dads and make your first home purchase. Many first time homebuyers want convenience and no yard work – so condos and/or townhouses might be the fit. Some new homeowners have pets and desire a big fenced yard, so a single family home is a better fit. Whatever your preference, it’s time to start home ownership.
Some where along the way, you may meet the person you wish to spend the rest of your life with. Maybe it’s just living together or marriage, but either way, it may be time to move out of “your” places and into a place together. With the help of a REALTOR®, you can determine what city and what style fits you both the best.
Eventually many families will decide it’s time to have children. That can mean needing a bigger place to accommodate the baby and all the baby equipment and toys! Some may plan ahead now and decide to buy bigger for more children later or you may say, “this is what we can afford, we’ll move up as more children come”.
Something about those teenage years with children and no matter how big the house is – it still feels small. The kids are bigger, their friends are bigger, they have cars, they have sports, big screens, technology – there is just simply more stuff. This is often a time when families move up. It’s critical to think – “is this what we really want to do?” – because once the children move out – it can be a lot of house for two people.
And that brings us to another stage of housing change – downsizing. When it comes back to just two in the house, maybe a smaller single family home is in order. Perhaps you want more freedom and not as many house responsibilities and a condo or townhouse is your new priority. It depends on your choices and your lifestyle.
Convenient senior living is also another time for change. Sometimes people will buy a home in a warmer state, but keep a property here in Minnesota for the beautiful spring, summers and fall. Through our affiliation with LeadingRE we can help with second homes all over the United States, actually all over the world!
Sometimes home changes are not planned or expected. Divorce, death, even job changes and corporate relocations can cause people to make a change in their housing situation. People don’t often realize how emotional a housing change can be, but when you think about how it’s tied to these life changes, it can be a very big deal.
No matter what stage of your housing journey you are on, the REALTORS® at Roger Fazendin REALTORS® can help. They have guided many families through these changes and stages. Being a family-owned company, they understand the emotional side of the transaction and are ready and willing to guide you to a smooth sale or purchase. Let us know where you are at on your journey and how we can assist.