3 Mistakes to Avoid When You Buy a Larger Home

3 Mistakes to Avoid When You Buy a Bigger Home

If you’re thinking about upsizing your home because you need more space, you’ll find several fabulous houses and condos for sale in Naples – and your REALTOR® can schedule private tours in any homes you’d like to see. But buyer beware: There are three big (and costly) mistakes you could make when you upsize your home.

3 Mistakes to Avoid When You Buy a Larger Home

When you’re feeling cramped in your current digs, one of your first instincts may be to buy a bigger house. Whether your family size has changed, you want to buy a house with a separate home office or home gym, or you want a larger home for any other reason, here are three big mistakes to avoid:

Being in a big rush – and ending up with something that doesn’t make you happy
Miscalculating how much more space you need
Overspending on items for your new home

Here’s a closer look at each.

Upsizing Mistake #1: Rushing Too Much

Upsizing your home is a process – and it’s one that you don’t want to rush too much. It’s in your best interest to take the time to identify your needs and wants before you start house-hunting – and when it’s time to start seeing homes in person, your REALTOR will schedule tours where you can take your time exploring.

It’s very common – especially if you feel too cramped in your current home – to feel like you have to rush to get out of there. However, taking your time and making sure you get a house you love (not one that just provides you with an escape) is incredibly important. Your REALTOR will show you all the homes you’d like to see, so there’s no need to jump from the frying pan into the fire.

Upsizing Mistake #2: Miscalculating How Much More Space You Need

Being realistic about how much more space you need is incredibly important. It’s one thing to purchase a home with one more bedroom than your current house has, but it’s another to go from 2,000 square feet to 5,000 square feet. You may find that a new home with a better layout is a great fit – and you may also find that your current furnishings look tiny and out-of-place in a bigger space.

As you tour homes with your REALTOR, look more at usability than at square footage. Walk through each room and make sure you’ll be able to use it every day – otherwise, you’re going to be paying for empty space (and that’s also fine if that’s what you want to do).

Upsizing Mistake #3: Overspending on Items for Your New Home

It’s tempting to buy all-new furniture right away when you buy a new, bigger home. In fact, you might need to buy new furniture (particularly if your new home is a lot bigger than the old one and your furniture looks inadequate inside). However, experts suggest waiting a while; try living in the home for several weeks so you can get an accurate feel for what you need.

Statistically, people tend to buy more furniture than they really need as it is – so by waiting until you’ve gotten used to your new home, you can assess your needs and shop only for items that will be the perfect fit.

Are You Buying or Selling a Home in Naples?

Selling your home is a big deal, so you need to work with a REALTOR® who can get it right. We know how to market your home to all the right buyers, regardless of its price point. We’ll help you sell your home quickly and at the best possible price!

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3 Mistakes to Avoid When You Buy a Larger Home