Most families underestimate or overestimate their move-up range
Some assume they can afford more than makes sense. Others assume they can’t move at all.
The right answer usually sits in the middle — and it becomes clear once you look at your numbers properly.
A strong move-up decision is not based on guesswork. It’s based on value, equity, and a realistic understanding of what your next home should feel like financially.
What actually determines your move-up budget
Your current home value
Start with a realistic home value. Everything builds from this.
Your mortgage balance
What you still owe affects how much equity you can carry into your next purchase.
Your available equity
Use this guide to understand your equity position.
Your comfort range
Just because you can qualify for a number does not mean you should live at that number.
Closing and moving costs
Taxes, legal fees, and moving costs all affect your final position.
Your timing strategy
Your approach to selling vs buying first can change your flexibility.
How to build your realistic move-up range
Start with your net equity
Estimate what you will walk away with after your mortgage and selling costs.
Layer in your monthly comfort
Think about what your life should feel like after the move — not just what you qualify for.
Test different price points
Look at a few ranges and compare what each level actually gets you.
Match it to neighbourhood options
Use where to buy in Coquitlam to compare real outcomes.
What this should help you avoid
Guessing your budget
Assumptions create poor decisions. Clarity creates confidence.
Stretching too far
A bigger home should still feel comfortable financially.
Undershooting your opportunity
Some families can move further than they think once numbers are clear.
Letting one number drive everything
The best decisions balance affordability, lifestyle, and long-term fit.
