20 Signs It Might Be Time for You to Move
From wanting a bigger place or more outdoor space to moving for a new job or to be closer to family, here are the top reasons why people move.
The old house is too small
Your family may be growing, you’ve decided to work from home, or you’re outgrowing your space. If your idea of a great home includes more spacious rooms, better storage, taller ceilings, and maybe a larger yard, it may be time to look for a house that meets your real space needs instead of holding you back. Should you buy or rent your next home?
Home equity has risen, expanding opportunities
Equity refers to the value of property, minus any debts you have connected to that property (mortgages, lines of credit, etc.). The more equity you have in your home is generally a good thing. As you pay down a mortgage, finish impactful renovations, and enjoy living in your house while the housing market in your area, hopefully, improves over time, you are “gaining equity.” You may arrive at a point in the future when taking advantage of your hard work and the current market will mean cashing out—selling your home and using the earned money to upgrade your living situation. Just avoid these 12 home renovations that you’re likely to regret later.
The commute is too long
At a certain point, a commute can become a burden. If your commute is taking valuable time away from your family or personal goals, it may be time to look for a home closer to your work. Sometimes it’s even worth it to downsize to a smaller home instead of losing too many hours out of every workday. This gorgeous state will pay you $1,000 to move there.
Important educational opportunities are available
If you have the opportunity to pursue your dream of attending an educational program, but it’s not near where you live, that may be a good enough reason to move. Sure; online education is available, but labs and other experiential activities can’t be replicated online. Be sure to check out the best places to live well for under $40,000 a year.
A better neighborhood for your kids
If you want to raise kids in a neighborhood with great schools, parks, bike trails and lots of other kids, you may need to move. Research neighborhoods by spending time there and talking to people who live there. These places were voted the 20 nicest places in America.
Mold or bugs
Relocating for a job
A job offer or the opportunity to relocate for your current job may is often a good reason to make a move. Moving expenses may be paid for by the employer and if a pay raise isn’t negated by a higher coast of living, such a move could be a win-win. You may want to investigate these 15 best places to move to in the United States (before they get too crowded).
It could be your last chance
Maybe that perfect neighborhood you have your eye on is changing. Perhaps prices are starting to climb out of reach, or the homes in that new development are almost all sold. Don’t lose out on the opportunity to get the home you want by waiting to long to make a move. These are the questions to ask yourself when considering a move.
A place for pets
Pets are family members too, so they have an impact on moving decisions. This is particularly true if you have a beloved pet that needs outdoor space that your current home can’t provide (or you’re planning to get an active pet in the near future). Check into handy walking trails, dog parks and other pet-friendly amenities. These are the most “walkable” towns in America.
A major relationship change
One of the most common reasons people move between 5 and 25 miles from their current home is a change in a relationship. (Interestingly, after 50 miles, this number drops to nearly zero.) Major relationship changes can require new thinking about living arrangements. Here’s more advice on if you should rent or buy. Learn something from how these 10 long-distance couples keep romance alive.
You have the chance to build a custom house
Have you always dreamed of building—or at least planning—your own house from the ground up, including all the amenities you’ve always wanted? If you find the right property at the right time and for a good price, building a house to your specifications is another good reason people move. Here’s how much the average house costs in every state.
You can no longer afford your current home
Decreased income, higher taxes, and other factors can make owning your current home difficult. There are potential solutions to these problems, from refinancing to finding new employment, and moving might be another. Downsizing to a less expensive house is an effective way to save money, especially in a relatively healthy housing market. Here are more frugal living tips for homeowners
A place in the sun
Climate remains one of the most common reasons people move. It’s no surprise that sunnier areas tend to be more popular; some homeowners simply prefer a more temperate, predictable climate with fewer weather problems. Be sure to do your homework; these 80 islands will disappear in the next 80 years.
Local activities no longer match your interests
It’s natural to develop new hobbies and interests through the years. Sometimes a current location doesn’t support the fun pastimes you’re invested in. This is why people often to move to locations with plenty of outdoor activities, or to urban areas with an exciting nightlife that better suits their personality. If you love the outdoors, don’t overlook these 7 of the most stunning hiking trails in the country.
The market allows you to buy more house with less
When equity in your home hasn’t grown very much or very quickly, you may be tempted to move to a region or city that has a more advantageous housing market. Find a locale that appeals to you, where a bigger, newer house doesn’t cost as much. These are the 10 other things you should consider before buying a house.
Friends and family
Sometimes a job or school opportunity forces a move away from family and friends. Sometimes you have good reasons to move closer to to family, even if it means letting go of a bigger paycheck. Here are 16 things caregivers wish they’d known sooner.
The entrepreneurial spirit
Entrepreneurs know that location is an important aspect of starting a new venture. Certain cities have a reputation for being particularly friendly to tech startups, new business owners, innovative restaurant ideas, entrants in burgeoning industries, and so on. If your passion is starting a business, moving to make it work could be the first step.
Too many hassles
We all have pet peeves. If your current home is in a neighborhood with too much traffic, noise, smog, growing crime rates or other issues, then it might be time to move on. Make sure you’re aware of these 22 secrets your real estate agent isn’t telling you.
Your health is another reason to make a move. Either people move to be closer to a specific medical treatment facility and better healthcare, or they move because their current climate is bad for their skin, lungs, or immune system. Ongoing health problems are a serious reason to consider moving. These are the fittest cities in America.
You just prefer a fixer-upper
Hey, we get it. Sometimes a house isn’t a home unless there’s something to fix or improve, even if you aren’t planning to sell it in the future. If you’ve already accomplished the DIY projects your current home needs and you are itching for DIY activities, a house that needs your help might be calling your name. And any renovations you do to it could turn into profit if you decide to sell again. Whether in your old home or new, just be sure you’re not making these 32 home upgrades that are a waste of money.