Is Your Family Ready for More Space? Here’s how To Upgrade Your Home

Located just outside of Boston, Massachusetts, Newton is a sophisticated, thriving suburb with so much to offer. Newton homes have classic New England charm and vary from traditional colonial style to modern new construction. Many homes have outdoor spaces and yards, and the entire town has amazing public and private school options, making it popular with families. The town has a dense suburban feel, yet still is only a short train ride or drive away from the city. Much of Newton is walkable, and the town is filled with parks, community events, great restaurants, and shopping.

Newton is a highly desirable neighborhood with great schools, close proximity to Boston, and gorgeous luxury homes. The median price for Newton houses for sale was $1.4 million as of August 2022 with an increase of 11.9% year over year according to Realtor.com. If you’re looking to upgrade your home in Newton, this guide will cover everything you need to know.

When you’re ready to upgrade your home, it’s important to have a check-in about your finances. Consider if you will be selling your current home and what price point you expect to list it at. You should also consider what cash you have on hand for a down payment on your new home in the event that you find the perfect home prior to selling your current one. If you need financing options for your new home, that is something you’ll also want to discuss with your mortgage provider. When shopping for a new and larger home, it’s important to stay within your budget. Although it can be tempting to max out your mortgage payments to get the largest home possible, this isn’t a sound strategy. You want to ensure that you have cash on hand for unexpected emergencies and repairs. In addition, you’ll want to consider the additional expenses that come with owning a larger home, such as utility bills and the cost of maintaining a larger yard or property.

Once your finances are laid out, you’ll want to start considering what you want in a new and upgraded home. Every family has different needs, and it's important to sort through features you’d like to have versus the amenities your family really needs. This will help you narrow down your home search. Consider the following:

Everyone has a different dream of what luxury and an upgraded home mean to them. Take some time and work with your family to take stock of the things you want most in your new home. This will help you narrow down your search for listings.

When upgrading your home, it’s also important to choose the right neighborhood. If your children are already in school, you might desire to stay in the same neighborhood so they can keep attending the same school. If your children are younger, older, or attend private schools, this might not be as much of a concern. You’ll want to access the most important features that your family needs in a neighborhood, whether that be access to great schools, close proximity to work, or easy access to amenities such as great restaurants, fitness centers, or grocery stores.

When upgrading your home, you want to make sure you plan for your future needs as well as your current needs. This is the next step in your real estate journey, and it’s going to be a long-term investment. Consider if you’ll want to have additional children in the future or how your children might grow in this new home. You want to choose somewhere you can continue growing for many years.

One of the most important steps you can take to upgrade your home is to hire a Real Estate Agent. Real Estate Agents are real estate professionals that will work closely with you through every step of the real estate process. They are experienced and held to a high standard of ethics by the National Association of REALTORS®. Real Estate Agents will be able to guide you through home showings and help you make decisions that are aligned with your real estate goals. They will work tirelessly to help you find the best possible outcome in your real estate transaction.

Real Estate Agents are also important partners in real estate transactions because of their connections. Real Estate Agents will be able to help you find buyers or look for listings that aren’t available to the public yet. They also know the best contractors, photographers, stagers, and other professionals that you need throughout the process.

If you’re ready to start exploring larger options for your family home, you will need a great Real Estate Agent at your side, and in the Boston area, there are no better Real Estate Agents than Prism Real Estate Group. The Prism Real Estate Group has decades of experience as investors, property owners, and sales professionals, and this translates into a seamless buying or selling experience for their clients. The Prism Real Estate Group is ready to help you through every step of the process of upgrading your home, making it a total breeze.

As the president of the Prism Real Estate Group, Christine Li has over 20 years of experience in real estate. Christine has the expertise and personal experience as a property owner to guide her clients through the real estate market. Christine follows sound and proven strategies to help you get the best deal but remains flexible and knowledgeable about changing market dynamics. When you’re ready to upgrade your home, the Prism Real Estate Group is ready to help.