‘Should I stay or should I go?’
Are you better off spending some money to improve your current home, or is it better to move somewhere new instead?
We understand; in the beginning, your quaint, cosy home had everything you needed… but as your family began to grow in numbers (whether that be feet or paws), you couldn’t shake off the feeling that the walls were starting to close in around you.
You’re facing the struggle of whether or not you stay in the comfort of familiar surroundings, of flee to a new nest.
Most homeowners in their life will face the deliberation of whether or not they’d be better off moving house, or remodeling and upgrading their existing home.
To help you decide and consider all of your options, we have made a list of the pros and cons to both arguments.
Let’s get started:
The Benefits of Improving:
✔️Cost-effective and financially improving your home.
✔️Permitted development
✔️Increased property value.
✔️Adding more space without relocating.
✔️Save the cost of moving.
✔️Improve home efficiency and lower energy bills.
The Disadvantages of Improving:
❌Planning permission.
❌Troubles with stubborn neighbours.
❌Coping with a building site of a house for months.
❌Unforeseen costs.
❌Anticipation of an increase in taxes.
❌It can take a long time.
The Benefits of Moving:
✔️Financially more viable.
✔️No stressful building work.
✔️Enhancing lifestyle.
✔️It’s a new adventure.
✔️Decluttering and selling old, unloved items.
✔️Purchase your dream home.
The Disadvantages of Moving:
❌Cost (unfortunately, there is no way around it).
❌It isn’t going to happen over night.
❌Parting with friends and extended family.
❌Allowing time for packing and moving.
❌The risk of not adapting and missing your old home.
❌Potential pitfalls you may bump into along the way.
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Moving away from the home you have always known can be a anxiety-inducing thought, and you may tackle the idea back and forth in your head, whether you’ve made the right decision or not.
Sometimes, all you need is to create one simple loft extension, or add a room onto your kitchen, for all problems to be solved.
Ultimately, the final decision is up to you. But we hope we have been able to make your life easier along the way!
If you have decided that you are going to improve instead of move, we’d love to be able to help!