Moving from an apartment to a house can be the beginning of a totally new chapter in your family’s life. If you have kids, they will be particularly thrilled about this decision. While homeownership is a great accomplishment, it also involves a lot of hard work and responsibilities. The transition from renting an apartment to purchasing your own home is a rewarding change. Along with the benefits of owning your own place comes the responsibility to manage that investment properly.
Uprooting your life in your own place is a dream come true especially if you have struggled for years to build your credit for this investment. Being able to finally afford to purchase a house may set you up for further success and building wealth.
However, first-time homeowners will face a number of financial and logistical responsibilities as soon as they embark on this significant investment. Aside from taking on all home maintenance duties, you will be in charge of the financial responsibilities such as:
- mortgage payments
- property taxes
- utility bills
- insurance coverage
- maintenance and repair costs.
The rental lifestyle has its advantages up to a certain point. One of the most obvious ones is that you don’t have to factor maintenance into your budget since your landlord will take care of it. On the other hand, if you are already owning an apartment, there are several good reasons why moving from an apartment to a house could be appealing to you. If you are having a hard time deciding what’s best for you and your family, hopefully, the following pointers will be helpful.
Major reasons for moving from an apartment to a house
There are certain advantages to living in an apartment, but at some point, you may realize that upgrading to a house would make more sense. Here are some of the major reasons why people find moving from an apartment to a house a wise and practical decision.
You are tired of paying monthly rents
Setting aside a certain amount of money for your landlord instead of saving and investing in your own place could be really frustrating. However, it’s difficult to decide which one is better – renting or buying, since the final call will depend on your unique situation. Without a doubt, sometimes renting can work in your favor and sometimes buying can be a better choice depending on the circumstances. The biggest benefit of owning a house is that with each mortgage payment you are paying down a part of the loan for your own place.
Your family is about to outgrow the apartment
For some couples the decision to expand the family is simple. For others, it’s usually a dilemma that involves a number of considerations. Starting a family in a one-bedroom apartment can be challenging. However, expanding your family calls for some serious upgrading. A studio apartment is barely enough to accommodate one person, let alone the family of three.
At some point, your children will want their own bedrooms and outdoor space. Purchasing a house means more space, comfort, and flexibility for your family.
You are craving some outdoor space
Moving from an apartment to a house is an amazing prospect, especially for the children who expect a large backyard playground. Whether your hobby is gardening, you want to invite friends to a barbecue or allow your pets and kids enough outdoor fun, some green space around your house will be beneficial.
You want to personalize your place to your liking
When owning a house you are at liberty to decorate and customize your place the way you want. Since renting usually comes with certain limitations, you may find homeownership quite liberating.
You can use all your creativity and resourcefulness to turn your new place into a home that you’ve always wanted. If you want to work from home, you can also design your own office space.
There’s a limited storage space
Many people who live in the apartments choose to rent storage units NYC where they can keep their non-essential items. It’s an additional cost that may become a burden for the budget. One of the benefits of moving from an apartment to a house is access to a bigger storage potential.
You are ready to start afresh
If you have saved enough for the down payment and feel like you are ready for a significant change, then you should consider the prospect of relocating. As it turns out, homeownership provides an exciting challenge for those who want to start over in their own place.
The ultimate list of tasks when moving into a house
In spite of all the excitement, the relocation process can be really exhausting and overwhelming for everyone involved. So, take this mission seriously from the very beginning in order to make the transition as easy as possible.
– For that purpose, if you want your possessions transferred to the new house in the minimum of time, get the professional moving assistance provided by the quality and reputable movers. Not only will they be able to assist you with transporting your belongings, but they can offer some additional services like connecting utilities in your new house, packing and unpacking.
– Also, moving from an apartment to a house allows you extra space, so make a thorough plan of how to furnish it. Think about how to decorate the interior and start researching ideas for styling your new space. Additional space provides the possibility to get some appliances that you’ve always wanted, but couldn’t fit in your previous apartment.
– Playing around with colors can be one of the most exciting activities when it comes to arranging your new home. You are at liberty to paint and decorate the new house the way you like. A touch of paint will add a new life to the entire place, which will make it feel like home. If you want to have fun with your kids while decorating a new home, involve them in the process and let them pick the color for their room.
– People moving to a house consider the garden as one of the biggest perks. A properly equipped garden can be an oasis of serenity for you and your family during summertime.
Additional suggestions when moving to a house
When upsizing to a larger house, there’s a whole list of things that you will need, but don’t own at the moment.
Let’s start with a good toolset. While you were living in an apartment, you didn’t really need tools except for the basic ones. When you needed anything fixed, it was your landlord who would have taken care of it. Now that you actually own the house, you can either fix things yourself or have someone do it for you. With a proper set of tools, you will be able to maintain the house on your own. Your toolbox should contain a wrench and screwdriver set, hammer, drill, bits, etc.
You may not be aware of it, but your garden requires special attention. Your new house probably has an outdoor space that needs to be properly equipped. So, the list of tools necessary for maintaining your outdoor space includes a lawnmower, garden rake for flower beds, sprinkler system, hoe, trowel, spade, hand pruner, shovel, work gloves, hedge clippers…
Also, you will want to protect your family from insects by spraying around the interior and exterior of your home. Make sure to have this done before you move in and before setting the furniture?
Many houses are already equipped with smoke detectors, but you will probably have to purchase carbon monoxide detectors and fire extinguishers. Place carbon monoxide and smoke detectors on each floor and close to the bedrooms. Once the equipment is installed, make sure to maintain it regularly. Remember to change the batteries when needed and make sure that alarms are working properly.
In order to improve your home security, consider installing security features like a deadbolt, motion-sensing lights, metal bar or wooden dowel on your sliding glass door.
How to budget for the upcoming move
It goes without saying that all upgrades that you need to apply should be within your household budget. The moving process itself can be really challenging in terms of finances, so it wouldn’t be a bad idea to make a strategy in advance and plan your moving expenses. When it comes to hiring movers, using a moving cost calculator allows you to get a moving quote immediately.
Always keep in mind that professional moving companies Long Island will be able to step in as soon as you request their help. Provided that you start your preparations well in advance, you are likely to score some really convenient moving deals and secure quality movers’ help.