Upsizing A home This is For You! 5w’s and 1H
                     Upsizing A 
home?  This is 
For You!
5w ’s and 1H
First of all, many congratulations to you for thinking of 
such a big plan.  Upsizing a home is a great achievement.
Upsizing may seem simple but it is an important one to think 
about to make  sure you take a right decision.
People upsize due to many reasons. Some of the common ones 
are as follows:  Feeling like your life is busting out of the seams 
of your current home.
You need more rooms, or more 
space.  Parents or children 
want to move in.
Fulfilling your long-pending 
desire.
Now let us see in detail why, where, when, with whom, and 
how do people  upsize their homes.
Why?
Even though we have mentioned why most of the people 
upsize, the  reasons are not limiting to just this much. 
There can be many other  reasons depending on the 
situation.
Before upsizing and making such a crucial decision of 
your life, just  think about the main real reasons you 
need or you want to upsize.  It can either be a necessity 
like expanding the family, because your  current home 
no longer caters for the space you need, or you may
even decide to move as opposed to improving, or maybe 
the decision  comes from an aspiration. If not this, you 
may want something larger  to accommodate the ‘Wow 
factor’. Whatever the reason may be, just  go with your 
gut and do not forget to consult the local real estate  
agent for assistance. For instance, you can contact Manny 
Singh, the  best local real estate agent in Hampton Pa
rk.
W h e re?
Next question is where to upsize a home means deciding 
the location.  Choosing a property or a house in right 
location will always be  beneficial not only for your living 
standard but also for long term  returns. While choosing 
the location, it is important for you to  consider your 
needs. For instance, you may need a school nearby or  you 
may want your house in the vicinity of your office. If you 
need a  good transport system, factor this as well in your 
search for a house  while upsizing. If there is anything else 
that you think is important,  then take in that too. Also, 
make sure you check the local crime stats.  After all it is 
better safe than sorry!
W h e n?
Let me be direct. There is no right or wrong time or I 
can say that  there is no perfect time to start paying 
larger bills for upsizing a  house in Hampton Park or 
nearby suburbs. This holds true for all  sorts of buyers 
(first-time, investment buyers, etc.)
Generally, you can consider start and end date. If you 
are joining a  new job, take that date too into the 
consideration. Schedule your  plan accordingly and act.
With Whom?
Upsizing is a crucial decision. If you are doing it for the first-time, then you certainly 
need an experienced  real estate agent by your side. An agent will help you go through 
the entire process of buying in a stress-  free manner. Also, the real estate market 
changes now and then. So, keeping up with the norms and laws  is a must. Such dynamic 
changes can only be understood and followed by a professional working in a field.  It is 
suggested that you must employ a knowledgeable, dynamic, and passionate real estate 
agent like  Manny Singh.
How To Upsize the Home?
After jotting down points for 5W’s, the next step would be deciding how to take such a 
big plunge? Let’s  see what other factors you must see while upsizing a home in 
Hampton Park, Cranbourne, or nearby  suburbs.
I n t e r e s t  R a t e s
It is seen when the interest rates are low, you must 
contemplate  upsizing. It is suggested to do it better to do 
it sooner rather than  lock yourself in a deal that does not 
pay anything in long term. With  low interest rates, you 
can potentially save thousand dollars and can  even 
reduce the overall mortgage term. If you have a local real 
estate  agent by your side, you can always seek 
suggestion about the right  time to invest. Or you may 
individually reach out to the right  mortgage broker.
Future Scope and Potential
If you have future expansion plans like for the family or if you desire to 
have a dream  kitchen, then take it all in and jot these points in a list. 
Make sure you do your research  thoroughly.
Consider the following as 
well:  Garden space
Parking 
arrangements  
Drainage position
These arrangements must be taken care of especially for future. For this, 
you may have  to speak to the local builders and architects to get the 
advice and approximate idea of  costing.
Neighbors
No one wants to live next door to the neighbors from hell, 
right? Always  ask what the neighbors are like. Vendors have 
the obligation to answer  this question honestly and in case 
there is any issue, or grievance, they  are obliged to divulge 
the information.
After you say yes to the property, just go and meet them 
personally and  introduce yourself. Looking at the 
surrounding houses. How well the  neighbors look after 
their gardens, for instance, is always one of the  great 
measures to know what the neighbors are actually like.
Also, if you had great neighbors in the past, you would 
know what good  people are like in the vicinity. So, you 
already know what you want.
Do You Need to Sell to Upsize?
Last but not the least, this is really important — Whether you need to sell in order 
to buy a house  or upsize or not. If you want to sell your current house, you must 
get ready to market the house in  order to find a dream home. It is crucial!
If you do not plan to put your house or sale on time, you may miss out on 
various opportunities,  thereby causing you disappointment.
When the right houses will go up for sale, especially in sought after areas and 
highly favored  demand vs supply market, you will be competing with 
proceedable buyers. Those who must have  either sold, or might not need to sell 
to upsize. At this time, you will have much less bargaining  power, than all those 
who can immediately proceed with the offer.
You can contact Manny Singh, real estate agent serving in the areas of 
Hampton Park, Narre  Warren and get your real estate needs fulfilled.
GET IN TOUCH
3 Withers Ct, Pakenham VIC 3810, Australia
+61 423 277 447
[email protected]
Content Resource:  https://medium.com/@mannysing
hestate/upsizing-a-home-this-is-  for-
you-5ws-and-1h-e4e03bc4b4fc