NuVista Homes - Blog

12 Signs It's Time to Buy a New Home

Posted on Jun 12, 2018 by Earl Raatz

Signs It's Time to Buy a New Home So you've found yourself daydreaming about a new place to call home yet again. But buying a house is a big decision and you're understandably still debating. 

Use these signs to tell if you really have the means and the mindset to make a move.

1. You Need More Space

Have you ever delayed a major life decision because the size of your home can't accommodate it? Whether it's a growing family or an expanding business, there may come a time when your current place of residence just isn't big enough for your needs, goals, or dreams. This is when you should start considering a new house. You can really maximize your storage space in a new home build which can make a big difference as well.

Signs It's Time to Buy a New Home Couple Image2. You Want a Customized Living Space

Maybe you want bay windows overlooking a backyard garden. Maybe you've always dreamed of building a man-cave in a detached garage. If you can dream it, there are builders out there who can create it, so don't be shy about looking into custom-built homes. There are teams that will work with you to fashion a home just the way you like it.

3. You Want Access to More Amenities

There's nothing better than a new community development where houses, schools, banks, malls, libraries, and playgrounds are being built from scratch. This is especially true if your current neighbourhood is a bit barren in terms of conveniences. By moving into a new home in a prosperous area, you'll enjoy all kinds of perks thanks to easy access to amenities.

4. You Have a Stable Source of Income

Figuring our your new home finances is one of the easiest ways to tell if you're ready for homeownership. Do you have a steady job that supplies regular paycheques? If so, you've already cleared a big hurdle when it comes to obtaining your own real estate. A lot of doors will be open to you as you browse listings and apply for loans. If you are currently a homeowner, an increase in your income can provide you with enough incentive to move up to a new one with functional features to make your life easier

5. Your Nest Is Empty

Baby boomers, this one's for you. If your children have left the roost to start their own families and live their own lives, you might not need all of the space you did before. You might enjoy a quieter, simpler life by downsizing to a home that doesn't require as much maintenance. Just make sure you leave some room for when your grandkids visit! Our villa models offer bungalow-style living without skimping on any luxuries. 

6. The Market Is Flourishing

A "buyer's market" is when conditions are favourable for buyers, so this is a prime time to strike. If you've been eyeing properties or driving around brand new communities imagining yourself on their bright green lawns, a buyer's market will give you the opportunity to turn those visions into reality. To make the most of this time, consider ways to sell your current home in a buyer's market, too. 

7. Your Commute Is Killing You

Long commutes are more than just frustrating – they're legitimate time and money-wasters! If you're thinking about a move, pull up your commute on a digital map and see if there are any new communities on your regular route.

8. You Want a Fresh Start

Has your family just emerged from a difficult period in your personal history? A change of scenery might be exactly what you need to start a fresh chapter in your life. Between a new house, a new neighbourhood, and a new social circle blossoming around you, you'll enjoy amazing new opportunities for growth and happiness.

Signs It's Time to Buy a New Home Repairs Image9. Your Current Home Isn't Looking So Hot

All houses have to meet their maker eventually, so there's no shame in moving on from a property with a cracked foundation or water-damaged roof. A new home without any faults or flaws can be the breath of fresh air you've always fantasized about while slaving away on yet another repair in your current home.

10. You've Joined a New Demographic

You can find a lot of peace and acceptance by joining a community of like-minded individuals. For example, if you've just been hitched, you might enjoy the suburbs more than the single-filled city. If you're ready to retire, you might fit in with a neighbourhood of other retirees rather than a neighbourhood full of whippersnappers and their rock music.

11. You Want to Lay Down Roots

Whether it's enrolling your kids in a good Calgary school system or proving your commitment to a corporate opportunity, there are many reasons why you might want to lay down roots in a new place. Buying a house is an important part of that, so take the time to learn about Calgary real estate. It's how you'll begin the foundation on which you'll build the rest of your life.

12. You're Ready to Commit

At the end of the day, the most important factor in buying a home is your personal sense of readiness. While it's normal to be nervous, your overall feelings should be ones of excitement and expectation. If this state of mind describes you, it's time to buy a new home!

These are just a few signs you might be ready for a new home. If you're still unsure about taking the plunge, listen to what your heart is telling you. It's often more honest than the brain, and it will know if you're truly prepared for some big changes. 

click here to discover the pros and cons of new versus resale homes!

*Originally posted June 20, 2017, updated June 12, 2018. 
Photo credits: moms, couple, repairs 

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