From new babies to empty-nesting, sometimes your house isn’t working for you. Life changes, needs shift, and sometimes the house you’re in just doesn’t fit anymore. Here’s how to know it’s time to move on.
1. You’re Done Renting
Rent is rising, and you’re building your landlord’s equity – not your own.
The average cost of renting a home is just over $1,700 in the United States.
If your credit, income, and savings are solid, it may be time to buy and start investing in yourself.
2. Your Family Is Outgrowing the Space
One bathroom, no backyard, and nowhere to put toys or teenagers? It’s time.
Growing families need breathing room – whether it’s for a new baby, a playroom, or space for in-laws. With elderly parents, many families are contemplating multi-generational living.
3. You Want to Downsize
Empty nest? Big house, high bills, and too much upkeep aren’t worth it anymore.
Many boomers are trading square footage for simplicity – and homes built with aging in mind.
4. Your Home Is a Money Pit
Constant repairs, aging appliances, and high utilities are red flags.
New builds offer warranties and efficiency that save time, money, and stress.
Stop grappling with sticker shock each time a new maintenance bill is due.
5. You’ve Outgrown Your Starter Home
You’ve built equity, learned how to manage a mortgage, and want a home that reflects where you are now – not where you started.
Time to level up.
6. It’s a Seller’s Market
Home prices are up, inventory is low, and buyers are paying top dollar.
If you’re seeing bidding wars in your area, it might be time to cash in and upgrade.
7. You’re House Poor
When more than a third of your income goes toward housing, it’s a problem.
Mortgage payments, property taxes, home insurance, and monthly bills and maintenance fees are making you feel as though you’re drowning.
If you’re stretched thin each month, a more affordable home can restore financial stability.
8. The Commute Is Wearing You Down
Long drives, traffic jams, or a new job across town?
Location matters. Moving closer to work, school, or daycare can give you hours back every week.
9. Your Neighborhood Is Declining
Crime, blight, or economic decline can hurt your home’s value.
Keep an eye on local trends. If things are heading south, it might be time to list before others do.
10. You Want Something Built for You
Maybe you need an office, an accessible bathroom, or a custom kitchen.
New builds let you create a home that fits your lifestyle – and your future.
Bottom Line: When your current home no longer works for your life or your finances, it's time to move on. A better fit – and a better future – might be just one move away.
Carmen Chai
Carmen Chai is an award-winning Canadian journalist who has lived and reported from major cities such as Vancouver, Toronto, London and Paris. For NewHomeSource, Carmen covers a variety of topics, including insurance, mortgages, and more.