Important Considerations For Move Up Buyers

Important Considerations For Move Up Buyers

Are you ready for an upgrade? When you bought your current home you may have known it wasn’t your forever home, or maybe it was perfect at the time, but since then life has taken you in a different direction. Every move up the real estate ladder can become just a little more complex. You need to reconsider financing, coordinate buying and selling, and then there is the actual move! The best thing you can do is partner with a Calgary Realtor® experienced in helping families navigate the complexities of a move up, so that the process of selling your current home and finding your next dream home is as seamless as possible. Our team is here to guide you with our market knowledge and with some questions to consider as you explore upgrading.

What Does Move Up Mean For You?

The very first question we will ask you, and an important one to ask yourself is: what does a move up look like for your family? Are you looking to make the leap from condo living to a single-family home? Have the little people in your family outgrown all available space? Are you looking to find your dream home in a better, more exclusive neighbourhood? Maybe all of the above…

Whatever your reasons for deciding the time to move up is now, having clarity on what your next ideal house is will help us design a strategy to get you home. Here are a few more questions to consider as you plan your move up.

1. How Much More Can You Spend?
A move up isn’t always more expensive, but even a lateral move will cost you money in real estate fees, lawyer fees, inspections, and other closing costs. Are you prepared to make a more significant down payment to maintain your monthly mortgage costs? Can you afford the higher property taxes and utility fees of a bigger home? Are you able to borrow more now than you were years ago thanks to hard work and success in your career? Starting your journey to move up with a clear and accurate snapshot of your financial health will help you focus your search on properties that make sense for your budget.

2. Where Are You Headed? 
Do you swear to your partner that “This. Is. The. Last. Time. I. Am. Ever. Moving… Ever”? This next home purchase is meant to be your forever home. Or is this a home that should serve you for 10 or 15 years until your little chicks fly the coop and you move on to your next big adventure? Is this a transitional home that needs to work for your family for five years until you have positioned yourself for the next move up? It is important to think about how this house needs to work for you now, but it is insightful to consider how your life may continue to change in the coming years so that your investment can serve you well today and in the future.

3. Buy Or Sell first. Which Is Better?
This is a loaded question! There are many factors that can impact the decision to buy or sell first:

  • What are the current market conditions? A seller’s market might mean your current home sells fast, leaving you scrambling to find a home to purchase. A buyer’s market might present the home of your dreams at a great price while your current home sits on the market with no offers.
  • Can you afford to carry two mortgages? This can be a solution if you need some time to close both transactions.
  • Can your mortgage provider offer bridge financing? When you are in good standing with your lender, this temporary financing option may be able to help cover costs to span the time between buying and selling.?
  • Do you have a plan B? Can you move in with family or rent a home for the short term while you navigate buying and selling?

Your Calgary Realtor® can help you understand the conditions that may affect your purchase or sale and design a strategy to market your home effectively for a favourable sale while helping you find the best home for you to purchase.

Is It The Right Time For A Move Up?

As we said, the best strategy when considering a move up is to partner with a knowledgeable and skilled Calgary Realtor®. With these careful considerations and the experienced insight of your Realtor® partner, you can leverage all of the information you need to make the best decision for your family and your investment. When you are ready to start exploring your options for upgrading your family to the next, best home, connect with our team by calling 1-403-863-7434 or through our online contact form. Whatever your move up property looks like, The Tanya Eklund Group can guide you to find the perfect place to call home.


Absolutely! Selling and buying at the same time can be tricky to navigate. Some buyers need to complete the sale of their current property before they can even begin to look at new homes. But there are also strategies to bridge the time between selling and buying so you are not left scrambling to find a new place or without a roof over your head after you sell. We can help you figure out the best way to time your sale and purchase so it is as easy and seamless as possible.

This depends on what you are looking for in a new home. Sometimes it is less about square footage and more about the layout or the neighbourhood. A client may be happy with 3,000 square feet, however, they have wasted space in their current home and in their new home they want a main floor den and an extra bedroom. Or maybe you are considering a smaller home in a more expensive community. It is a good idea to walk through some open houses or have your agent take you out to look at some new homes to get a good idea.


Many factors determine whether conditions dictate a seller’s market or a buyer’s market. Mortgage rates, lending requirements, and inventory will all dictate pricing. But the real question to ask is “why do you need or want to sell your current home and move up?”. If your current home no longer works for your family, The Tanya Eklund Group can help you find the home you need, market your current home effectively for a quick and favourable sale, and negotiate for you in both transactions so that a move up now is the right decision for you.

The Tanya Eklund Group

Partner With Calgary’s Best

Partner With Calgary’s Best

Working with The Tanya Eklund Group puts every resource for buying and selling at your fingertips. Our team of real estate experts is committed to an exceptional outcome for your buy or sell transaction. Connect with us, share your objective, and we will provide a strategy that is intentionally designed to help you achieve your real estate goal. You don’t have to navigate this complicated journey alone. The Tanya Eklund Group is the best choice of partner on your real estate adventure.

Connect With Us Today!

The Best Choice in Real Estate

The Tanya Eklund Group is a team of highly knowledgeable, skilled, real estate professionals. Our team concept allows us to offer a full-service, elevated buying or selling experience to our clients. But most importantly, we are dedicated to building trusted and loyal relationships with our clients. Connect with us to share your real estate goals, and we will share with you why we are the perfect team to make them happen. 

Have questions? Call us today at:
1 (403) 863-7434
Property Search