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When to Buy a Bigger House: Key Signs It’s Time to Upsize.

Thinking about moving to a bigger home? Whether it’s for a growing family, a dedicated home office, or just that dreamy backyard you’ve always wanted, upsizing is a big decision. But how do you know when it’s time to take the leap?


Here are the signs that it might be time for you to upsize:


  1. Your Family is Growing

If your home is starting to feel tight—whether it’s because of kids, pets, or family members moving in—it’s probably time to make a move. More bedrooms, an extra bathroom, or simply having room for everyone to breathe can make a world of difference.


  1. You’re Working From Home More Often

Even though some of us are heading back to the office a few days a week, many people still want the flexibility of working from home. If your “home office” is doubling as your dining table—or worse, your bed—it might be time to find a home that gives you a proper, productive space.


  1. You’re Craving a Bit More Serenity

Tired of elevators, crowds, and the hustle of downtown living? Upsizing to a home with a yard or more green space can add a sense of calm to your life. Picture yourself sipping coffee on a quiet patio or enjoying a peaceful stroll through tree-lined streets. If that sounds like heaven, it might be time to make a change.


  1. Your Current Home No Longer Fits Your Goals

Maybe your starter home was perfect a few years ago, but now it just doesn’t work for your lifestyle. Whether you’re dreaming of a chef’s kitchen, a bigger garage, or better schools for your kids, upsizing can align your home with your evolving priorities.


  1. You’re Financially Ready

If you’re in a good spot financially, there’s no better time to make a move. With interest rates stabilizing and recent updates to Canadian mortgage rules—like more flexibility with stress test qualifications—many buyers are finding their borrowing power has increased. This could be your chance to snag the perfect home without stretching your budget.


The Toronto Market: Why Now?

Here’s something else to think about: Toronto’s inventory is tight. A lot of people have been waiting to upsize—thanks to COVID, interest rate changes, and market uncertainty—but all signs are pointing to a bubbling market.


And here’s the kicker: waiting may not pay off. Back in January 2015, the average price of a detached home in Toronto was $948,713. Fast forward to December 2024, and it’s climbed to $1,067,186—that’s a 12.5% increase despite everything the world has thrown at us. Waiting often means missing out on long-term appreciation, especially in a city like Toronto.


Timing is Everything

Upsizing is about more than just getting more space—it’s about finding a home that fits your life now and in the future. Whether you’re craving serenity, need more room to grow, or just want something new, the key is to act strategically.


Ready to make the move? Let’s chat and create a plan that works for you—stress-free, exciting, and totally tailored to your needs.

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