What First-Time Move-Up Buyers Need to Know in Saskatoon

by Joanne Nagy

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Your starter home got you in the door — now it might be time for the next step. Whether your family is growing, your work-from-home needs have changed, or you’re ready to upgrade your lifestyle, here’s what Saskatoon’s first-time move-up buyers need to know this year.

1. You Have Leverage (and Options)

If you’ve owned your current home for a few years, odds are you’ve built up equity. Combined with a stable or rising market, this can put you in a strong position to leverage your sale into a larger or more updated space — often with minimal impact on monthly costs.

2. Don’t Skip the Pre-Approval

Move-up buyers often get caught off guard by how different their financing situation can look. Talk to your lender early — especially if you’re self-employed or juggling two mortgages during the transition. This is the most crucial step that can put you one step ahead of the competition!

3. Timing Your Sale & Purchase Is Key

Should you buy first or sell first? The answer depends on your comfort with risk, your current home’s condition, and demand in your neighbourhood. In Saskatoon’s active spring market, buying first can offer flexibility — but only if you price your current home right. If you are selling first, ensure you have a place to live temporarily in the event you don't find a home right away.

4. East Side vs. Newer Subdivisions

Many move-up buyers are weighing classic east-side locations like Greystone Heights and Silverspring against newer neighbourhoods like Brighton or Rosewood. It often comes down to lifestyle priorities — schools, commute, walkability, or home features. If you're looking at new construction, you will possibly need to find a long term rental as well.

5. Plan for the Long-Term

Your next home should serve your lifestyle for the next 5–10 years. Think beyond square footage: layout, neighbourhood, and future resale value all matter when making the jump. Not all homes will apprecaite at the same rate, not all communities will either. It's important to look at your future goals.

Thinking about your next move? Let’s map out a custom strategy that helps you upsize confidently — and smartly — in today’s market.

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Joanne Nagy

Agent | License ID: RW-2211012

+1(306) 220-9189 | joanne.nagy.homes@gmail.com

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