Are you upsizing or downsizing? - Richard Kendall Estate Agents

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Additional space

One of the main reasons to upsize your property is for the additional space it includes. There could be a variety of reasons why you need or want this space. This could be led by becoming recently married, wishing to create a family, or desiring a new space for working or certain hobbies. This would create a comfortable living environment for you and your family.

Social life

Having a larger amount of space allows you to host and entertain events, creating an exciting and fulfilling environment around you. This could enhance your social life and mental wellbeing all while creating long-lasting memories within the walls of your new home.

Future investment

Upsizing is an investment, but it is a more financially challenging one. Larger houses get higher in value as time goes on, allowing you to make money over a long period of time. It is very important to ensure you are financially stable before upsizing, as it takes a lot of upkeep and attention to maintain the value of the larger property.

Benefits of downsizing

Simpler lifestyle

The key to downsizing your house is to simplify your way of life. Having a smaller home allows you to focus more on your life outside of your home. Maybe you now have empty space within your home, as all your family have flown the nest and you’re not a homebird anymore, which encouraged you to downsize.

Financial security

69% of homeowners who have downsized in the past said their primary reason was to save money.* Downsizing gives you more financial freedom, as your monthly payments will be reduced. This will also lead to a reduction in the maintenance of a property and its general upkeep, freeing up your time.

Location change

Downsizing could also give you the advantage of moving to a different location for a property, as prices differentiate in different areas, meaning you might have to reduce the size of your property to move to a new location. People assume downsizing is a backwards step when moving along the property ladder, but occasionally it can suit your lifestyle better and should be accepted.

Which one is right for you?

Whether you’re leaning towards upsizing because of the comfort and luxury of moving up the property ladder or you want the simplified life of downsizing, it's key to align the reasons with your lifestyle and determine which one would suit you. Your choice of where to move next should be a personal choice and preference for whatever suits your lifestyle and future.

Whichever home you choose, whether you upsize or downsize, ensure you choose correctly by comparing the advantages of each.

Looking for a home that fits? Contact us today

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Wheat Close, Dewsbury

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*NO CHAIN* A ready to move into spacious end town house boasting TWO BEDROOMS, driveway and ENCLOSED garden. Ideal for the first time buyer or those looking to downsize. VIEWING ESSENTIAL. EPC rating C69.

Very helpful estate agents thank you Ben 19/11/2024

Joanne and Donna were brilliant at keeping me updated with progress of my house sale. Multiple challenges with the buyers team, but Joanne and Donna worked tirelessly to keep things moving and in my opinion did a lot of the buyers teams work for them. Overall brilliant service that I’d recommend to anyone. Thanks again both for all your help. Regards, David David 19/11/2024

Richard Kendall, and Amanda Holt in particular, were brilliant throughout the whole buying process. As a nervous first time buyer, the regular updates from the lovely Amanda throughout the process were really helpful and put me at ease. Katie 19/11/2024

The service provided by Richard Kendall's has been amazing. Given there was no seamless crossover between having sold my family house and sourcing my new home at the end of my current completion I was eager to reduce the time spent in temporary accommodation. Karen Marijewko was my saviour, her knowledge, experience of the property industry and persistence to ensure everyone was doing what they were responsible for within the process continually were outstanding. Karen's professionalism and they way she managed incompetent solicitors was excellent. She was a great support and I can't thank her enough. Helen 19/11/2024

A smooth professional service with great communication throughout. Richard Kendall really did pull out all the stops over many months to ensure an extremely complicated transaction crossed the line. I'm not sure other agencies would have managed. Highly recommended Nick 19/11/2024

I would like to thank Richard kendall's for the efficient and excellent customer service they provided during the sale of my property. Which helped in what can be a stressful period flow smoothly. I would also like to personally thank and mention staff members, Catherine and Shireen for their regular feedback and their efficiency in dealing with the Solicitors and all other matters concerned during the sale. Mr N Hinchcliffe 19/11/2024

Highly recommended! Big thanks in particular to Amber at Richard Kendall for making my first house purchase easy. Any questions were answered with a lot of guidance, expertise and I was given great advice around areas I was unsure of, and lots of additional help where my solicitor wouldn't answer. As anyone knows, things can drag on, so it was always a pleasure to be met by cheerful and uplifting staff when waiting on hold ups through the chain. Everyone was professional, prompt, and pushed when others held up the chain, I feel like you couldn't ask for more when you know someone is doing their best and helping to chase regularly and keep things moving. It was much appreciated and I'd recommend them to anyone. Thanks so much to Amber and everyone at the company involved! Jonny 19/11/2024

Really helpful and kept me informed about my house sale. Richard 19/11/2024

Really helpful - Always called me back Spot on Leah was really good at chasing up vendors/solicitors thank you! Kyle 19/11/2024

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