Making the decision to move can be an overwhelming one, especially if you’re not sure where to go. Though your house has hopefully served well in the past, there are a few factors to consider before moving into a new one. The average American will move as many as 11.7 times in his or her lifetime. As the family gets bigger and ambitions grow, a starter home or apartment may not be the ideal living space anymore.
If your reasons for moving include giving the family more space or reflecting new career or life achievements, use a cost-of-living calculator to budget the price of a new home into your current or near-future budget.
Having a reliable income is important to the process of finding a new home. Don’t sign a lease if you’re between jobs or might be leaving a current one. Moving into a more expensive house can put a dent in an existing salary, so unless you’ve already secured a better paying job, find a home that is as affordable as your current one.
Think about a list of priorities. Do you need a certain number of bedrooms? Would you prefer a large lawn or park nearby? Are there sources of entertainment to enjoy? Figure out what you want and need from a new neighborhood and whether you can afford to live there.
Perhaps you’ve lived in a big city for years now and want to settle into the suburbs. Or, alternatively, you want to escape the countryside and enter the hustle and bustle of a metropolis. Think about the environment you and the family would like to wake up to every morning.
Once the financial and social factors of a move are considered, you might have a clearer idea about when and where to relocate. Check out our resource for more tips to keep in mind when moving to a house and picking the right neighborhood.
Graphic created by New City Moving