Reasons to Move Out of Home

Moving from one home to another is not an uncommon practice, and an average Canadian family moves 4.5 to 5.5 times in their lifetime, spending roughly $150,000 on moving costs. However, the costs and expenses do not deter families from moving, and there are a variety of reasons behind people’s desire to move.

• Home is too small – First-time buyers often decide to move on to a bigger house after having purchased a small house the first time around. As families grow over time, moving to a larger house becomes inevitable.
• Upgrade – Everybody has their eye on a dream home – a beautiful house in an ideal location. When people happen to have enough money, and find the opportunity, they decide to upgrade and move to a more upscale home.
• Fix purchase error – Owners might have made a mistake in purchasing the home they currently live in; maybe the garden is too small, or the location has become too busy and filled with traffic for their liking. Many families move as a way to rectify the mistake they made when buying their present home.
• Job transfer – If a better job, with an improved salary and attractive perks beckons from another city, many people opt to relocate to another city, as opposed to trying to handle a two hour long commute.
• Personal Relationships – Marriage, break-ups, and divorce are all reasons behind moves. Couples frequently opt to buy houses together, and a divorce or break-up can be the reason why one or both partners opt to move out and find another home.
• Neighborhood changes – While the neighborhood might have been a joy to live in when you first moved in, it may have changed for the worse over time, physically, economically, or socially.
• Empty nest – Once children grow up and move out, parents may want to downgrade and buy a smaller home, since it is probably harder to take care of a large home when most of the rooms aren’t occupied anymore.
• See family more often – Many people move to be closer to their family and relatives, so they can see them more often. E.g. grandparents might want to be closer to their grandkids, etc.
• See family less often – In the case of broken or dysfunctional families, people might want to put distance between themselves and their families, in order to establish peace of mind and start their lives anew.
• Retirement – Post-retirement, many people wish to move to more active-adult communities – these offer attractive activities, like golfing, parties, and social gatherings for people over 55.
• Health issues – Illness or physical ailments frequently force people to move. You might want to be closer to a hospital that specializes in treating your particular condition, or you might need a home that is more suited to your needs (e.g. someone who is unable to climb stairs may want to move to a one-storey home).
• Deferred maintenance – Often homes deteriorate to such a state that the owners do not wish to live in them any longer. Rather than undertaking costly and time-consuming repairs like getting a new roof or furnace, many opt to just move to a new home.
• Home improvement perfection – Some people enjoy the process of selling, buying, and then remodeling a house to perfection. When the house is as perfect as can be, and no more work needs to be done on it anymore, these people may grow restless, and decide to move so they can start the home improvement project anew.
• Cash in equity – Some people cannot keep themselves from wanting the cash that their home is worth, and end up selling and moving in order to obtain that money.
• Lifestyle change – For some, the pride of ownership tends to wear off, and these people decide that they would rather pursue other hobbies, like traveling. In this case, people may end up moving about more often than is normal.