Vydra has enjoyed an impressive season at Vicarage Road on loan from Udinese and Watford are keen to sign the 20-year-old on a long-term deal.
But, with the Hornets pushing for promotion to the Premier League and just two points off second spot, Vydra is in no rush to decide.
"We'll see if we win promotion or stay in the Championship," Vydra told CTK. "I like it at Watford and would like to continue to play there.
"After all, I've built something there already.
"I don't know if I'm ready for it (the Premier League), but who would not like to try this competition at my age. Even younger players are there, but we'll see."
Vydra has scored 20 goals this season, but is currently on his worst run of the campaign after failing to find the net in four appearances and he puts this down to closer attention from defenders.
He added: "Recently when I'm on the ball, I'm either sent down to the ground or I have two defenders to deal with.
"It's obvious that they are defending me more thoroughly than they were in the past.
"Everybody wants to pick up points and the aim of each club is to shut out the best scorer of the opposing team."