Between packing, moving and assessing your assets, relocating your home can be time-consuming and confusing. But with the right real estate agent, the process can actually be something to look forward to.
There are a million reasons to relocate: family, work, upsizing, downsizing…you name it. First things first, it’s important for you to pinpoint what your needs are. Those needs will be dependent on your family size, life circumstances and the qualities you’re looking for in a home.
New parents
High on the priority list for new parents, is finding a home close to schools and other families. A big part of your home search will depend on what school you are hoping to have your child enrolled in, as well as proximity to sports, leisure, recreation and afterschool care facilities. Number of bedrooms, baths and even the backyard layout are critical for new parents.
A retiree can either be looking to downsize, or move into a quieter environment. After a lifetime of work, it’s not unusual for a retiree to think about relocating to an adult-only building. Because many parents have raised grown children who’ve moved out on their own, retirees may consider downsizing to a more affordable place with room for just one or two people.
First time homeowners may be considering relocating from an apartment to a home. Accustomed to renting, this demographic is often looking into how to get mortgage approvals and develop strategies for building future equity.
Here are some general relocation questions all potential homeowners should ask themselves before purchasing:
- What will my commute be like?
- How close are amenities (i.e. grocery store, gym, gas station)?
- Do I want to purchase a new or older home?
Relocating can be tricky, but bringing the right questions forward can help your agent save time and resources by focusing on the properties that best fit your finances and needs.