It’s been in the back of your mind for a while, but you don’t really want to admit it. You’ve been thinking about buying a new home in Los Angeles, though something keeps you from taking the plunge.
You can only deny the need for so long; eventually, you’re going to have to admit that you need to find a new home for yourself and your family. But how do you know when?
Here are 7 signs it’s time to move to a new home in Los Angeles:
YOU’RE SHORT ON SPACE
When you first bought your home, that two-bedroom, one-bathroom bungalow was just perfect for you and your partner.
But a few years and a few kids down the line, you’re all tripping over one another at every turn.
Going minimalist is one option, but if you’re down to the bare bones on your belongings and still can’t find space to breathe, it may be time to consider other options.
YOUR HOUSE IS TOO BIG
The opposite of having too little house to hold all the people, pets, and things you need is when you have more house than you need.
If you’ve got tons of extra rooms, whether from becoming empty-nesters or from over-buying when you chose a house, you could be costing yourself tons of time and money in the long run.
Think about it: Even if you use a spare bedroom or two just as storage or the occasional guest room, you still have to pay to heat and cool, maintain, and clean those areas. Plus, that extra square footage means higher taxes!
Take some time to consider how much house you actually need. If you’ve got way more space than is practical, it may be worthwhile to think about downsizing.
YOUR HOME IS COSTING YOU TOO MUCH
Do you ever feel as if there’s more month than money, and that most of your income is going to paying your mortgage? You’re not alone.
The standard recommendation is to not spend any more than 28 percent of your monthly pre-tax income on housing. If you’re spending more than this, it may be time to investigate downsizing or moving to a lower-cost area of Los Angeles.
Unless you find a way to make more money than you do now, the financial stress you feel over your housing costs will only continue until you make a change.
YOU DON’T FEEL SAFE
Over time, neighborhoods shift and change, and not always for the better.
What was once a great place where you barely felt you had to lock your doors may have become a neighborhood you’re afraid to walk through at night.
Whatever the cause, an uptick in crime or a decrease in your feelings of safety and security in your own home is a valid reason to look for a new home in Los Angeles. Even going a few streets over can change the atmosphere tremendously.
YOUR FINANCIAL SITUATION HAS CHANGED
Perhaps you’ve received a big promotion, allowing you to get that larger house. Or, your company has downsized and you’ve got to tighten your financial belt for the foreseeable future.
If it looks as if your financial situation will be different for a long time – good or bad – it may be time to reevaluate your living conditions.
Think of this time as an opportunity to really sort out your wants and needs and find the home that’s going to be right for you and your family at this moment.
YOUR COMMUTE IS TOO LONG
Face it: driving to work isn’t the best part of anyone’s day, but for those with long commutes across town, it can be downright frustrating.
If your commute is eating up large portions of your day, cutting into the time you could be spending with your family or relaxing and recharging for the next work day, it may be time to consider looking for a new home in Los Angeles that’s closer to work.
The bonus of moving closer to work is that your stress levels should actually decrease, even if your working conditions remain the same.
Less time spent in the car, less stress, and a new house? Sounds like a win!
YOUR RELATIONSHIP HAS CHANGED
A relationship change is one of the main reasons people give for finding a new house.
Whether you’ve just gotten married or decided to move in together and are looking for a larger place to live, or you’re getting divorced or going through a breakup and need to downsize, starting fresh in a new house may be just what you need to truly mark the transition.
Especially if your decision to look for a new home was motivated by the breakup of a relationship, moving into a new home can do wonders for your health and happiness, helping you start your new life with a positive outlook.