Tips for Homeowners Upsizing to a New Home in DeSoto, TX

by Steve

Introduction

Outgrown your current home in DeSoto? Whether you're adding family members, working from home, or just craving more space, upsizing is a big move—and a smart one in this market. This guide breaks down everything you need to know about trading up in DeSoto, from timing your sale to landing the right upgrade at the right price.

Neighborhood Spotlights for Upsizing in DeSoto

Frost Farms

Known for its large lots and custom homes, Frost Farms is ideal if you're upgrading for space and privacy.

Elerson Ranch

This newer development offers modern features, energy-efficient builds, and larger floor plans at good value.

Silver Creek Meadows

Perfect for families upsizing within DeSoto ISD. Homes often include bonus rooms, larger backyards, and 3-car garages.

Local Market Trends (2024–2025)

According to data from Redfin and the North Texas Real Estate Information System, the median home price in DeSoto rose about 4.2% from mid-2024 to early 2025. Larger homes (2,500+ sq ft) are selling quickly, especially those with updated features and home offices.

"In DeSoto, buyers upsizing from a starter home can often double their square footage with only a modest increase in monthly payments—especially with today’s builder incentives," says Rachel White, local real estate strategist.

Inventory remains tight for homes over 2,400 sq ft, but interest rates in Q2 2025 have stabilized under 6.5%, making now an ideal time to act.

Cost Breakdown: What to Expect When Upsizing

Sale Prep for Your Current Home

• Staging: $1,500–$3,000

• Repairs & touch-ups: $2,000–5,000

• Inspection pre-check: $500 (optional, but recommended)

Purchase Costs on a New Home

• Earnest money: ~1% of new home price

• Down payment: 5%–20% (depending on loan type)

• Moving expenses: $1,200–2,000

• Builder upgrades (optional): $10,000+

Builder & Community Insights

If you're upsizing into new construction, DeSoto and surrounding areas offer several great options:

• Kindred Homes at Elerson Trace: Spacious floorplans, 3-5 bedrooms, energy-efficient appliances, and included smart-home tech.

• Cambridge Homes in nearby Glenn Heights: Larger layouts with options for media rooms and outdoor kitchens.

Many builders are offering incentives:

• $10,000 toward closing costs

• Free design upgrades

• Rate buydown packages (especially through preferred lenders)

Learn about the Refind Realty Rebate Program to save even more.

Financing & Incentives

Use Equity from Your Current Home

If you've owned your DeSoto home for 5+ years, chances are you've built up enough equity to cover the down payment on your next one. Ask your lender about a bridge loan or HELOC to buy before selling.

Get Pre-Approved Early

Sellers prioritize buyers who come pre-approved. It makes you more competitive and lets you shop with confidence.

Start here to get pre-approved

Know the Timeline

If you’re buying and selling at the same time, talk to your agent about:

• Lease-back options

• Contingency clauses

• Temporary housing (just in case)

Conclusion & Next Steps

Upsizing in DeSoto doesn’t have to be overwhelming. With stable mortgage rates, strong buyer demand for smaller homes, and builder incentives for larger ones, it’s a smart time to trade up.

Work with a local agent who understands both sides of the move: selling your current home for top dollar and helping you land a great upgrade.

Download the Lone Star Living App now to track listings, schedule tours, and see builder deals in real-time.

And don’t forget to check your Home Seller Score or attend a Home Seller Webinar to get moving with confidence.

FAQs

1. Should I sell before buying when upsizing?
   Ideally, yes. But many sellers negotiate lease-backs or extended closings so they have time to buy after selling.

2. Can I keep my current home as a rental instead?
   If it cash flows and you're financially secure, absolutely. But talk to a lender—it affects your debt-to-income ratio.

3. How do I know what size to buy next?
   Think long-term: Do you need extra bedrooms, a home office, or space for aging parents? Your agent can help you balance needs with budget.

4. Will I lose my low mortgage rate if I move?
   Yes, unless you rent out your current home. But builder incentives and market timing can offset the rate jump.

5. Can I use the equity in my current home for the new one?
   Yes. Bridge loans, HELOCs, or equity sales allow you to tap into that value.