Listed below are the primary reasons why people sell their existing homes and move into new ones.
1) The home is too small. First-time home buyers can often outgrow their ‘starter homes’ very quickly. Because owning a first home usually comes at a similar time as starting a damily, the increased family size is the main reason home owners say they would need a larger home.
2) To Upgrade. The grass is always greener on the other side. People often want what they don 't have so they long for bigger houses, more expensive materials and overall grander, more upscale homes.
3) Fix a purchase error. The owners may often believe that they’ve made a mistake when purchasing their present home and want to resolve the mistake. The reasons behind this …show more content…
This reason links in with number 10, physical ailments such as knee or back problems make it difficult for an aging population to climb stairs in a two-story house, so a one-story home could be much more practical.
12) Reduce Running Costs. Some home owners don 't want to put on a new roof, replace the cladding or upgrading the heating/ventilation systems, so it can be easier to buy a newer home. When you figure the life of most home systems is about 15 years, it could make sense to get out before everything needs replacing.
13) Home improvement perfection. A small proportion of the population really enjoys fixing up older houses and then and selling up and moving on. These people spend a lot of time, money and effort remodelling their house, and once the work is completed, they become restless because there is nothing left to do. Some of people may call this type of people obsessed, but for some, it 's a way to maintain balance while mastering a hobby.
14) Cash in equity. Some owners can 't stand the fact their home is worth all that money because that money is not in their pocket. These people prefer to stare at their savings rather than stare at four walls with empty …show more content…
This has, in general, increased steadily over time, houses constructed in recent years have been more than 50% larger than houses constructed in the first half of the 20th century. Based solely on the decade that the houses were built, houses had a typical floor area of just under 132 square metres in 1900, while houses built since 2010 are on average 205 square metres.
Since the start of the 20th century, house sizes have remained relatively stable up until the 1930s, when they started to drop due to the great depression and World War Two. This was primarily due to a reduction of money, resources and labour available in New Zealand. Then, since the 1950s house sizes have been steadily increasing, with particularly rapid growth between the 1980 and 2010. This trend is true right across the country with very little difference seen in almost all of the main centres.
Some areas of the country did not have many houses prior to 1940, and building activity has been slightly slower since 2010 in the study. To make a more accurate comparison between all areas the study looks at the variation in house size between the 1940 and the
1) The home is too small. First-time home buyers can often outgrow their ‘starter homes’ very quickly. Because owning a first home usually comes at a similar time as starting a damily, the increased family size is the main reason home owners say they would need a larger home.
2) To Upgrade. The grass is always greener on the other side. People often want what they don 't have so they long for bigger houses, more expensive materials and overall grander, more upscale homes.
3) Fix a purchase error. The owners may often believe that they’ve made a mistake when purchasing their present home and want to resolve the mistake. The reasons behind this …show more content…
This reason links in with number 10, physical ailments such as knee or back problems make it difficult for an aging population to climb stairs in a two-story house, so a one-story home could be much more practical.
12) Reduce Running Costs. Some home owners don 't want to put on a new roof, replace the cladding or upgrading the heating/ventilation systems, so it can be easier to buy a newer home. When you figure the life of most home systems is about 15 years, it could make sense to get out before everything needs replacing.
13) Home improvement perfection. A small proportion of the population really enjoys fixing up older houses and then and selling up and moving on. These people spend a lot of time, money and effort remodelling their house, and once the work is completed, they become restless because there is nothing left to do. Some of people may call this type of people obsessed, but for some, it 's a way to maintain balance while mastering a hobby.
14) Cash in equity. Some owners can 't stand the fact their home is worth all that money because that money is not in their pocket. These people prefer to stare at their savings rather than stare at four walls with empty …show more content…
This has, in general, increased steadily over time, houses constructed in recent years have been more than 50% larger than houses constructed in the first half of the 20th century. Based solely on the decade that the houses were built, houses had a typical floor area of just under 132 square metres in 1900, while houses built since 2010 are on average 205 square metres.
Since the start of the 20th century, house sizes have remained relatively stable up until the 1930s, when they started to drop due to the great depression and World War Two. This was primarily due to a reduction of money, resources and labour available in New Zealand. Then, since the 1950s house sizes have been steadily increasing, with particularly rapid growth between the 1980 and 2010. This trend is true right across the country with very little difference seen in almost all of the main centres.
Some areas of the country did not have many houses prior to 1940, and building activity has been slightly slower since 2010 in the study. To make a more accurate comparison between all areas the study looks at the variation in house size between the 1940 and the