Should you move or renovate?

Three Things to Consider;

Determining if you should buy a new home or fix up your current one isn’t

easy.  In fact, the decision can be steeped in so much drama they make

reality TV shows about it!

So if you’re considering whether to move or improve, here are three things

to consider.

1.  Will a renovation truly fix what you don’t like about your property?

If you’re tired of a small kitchen, for example, it might not be possible, given
the layout, to make it any bigger. On the other hand, if you’re craving a
spacious family room with a cozy fireplace then a renovation could make that
happen.

However, there are some things you may want that aren’t specific to your

house, such as an easier commute or nearby park. Those are features you
may only be able to get by moving.

2. How much will a renovation cost? How does that compare to the

cost of moving to a new home?

It’s important to get accurate estimates of each so you can make a smart

decision.

Keep in mind that renovations have a habit of costing more than you

originally anticipate. As mentioned earlier, the final result should be a home
you want to stay in for quite some time.

3. Beware of compromising versus settling.

Whichever decision you make — renovate or sell — you can expect to have

to make at least some compromises.
For example, consider adding an extension to your house. That’s a major
renovation. Is it the ideal way to get the extra room you want? Do the
benefits of renovating outweigh the benefits of finding a new larger home
designed to include the space you need?

It can be a tough decision. If you’re in the midst of making it, call today, to

get the facts you need to make the best choice for you.

Richard Thyssen, Broker of Record
Colleen Thyssen, Sales Representative
Direct 519-495-1541
Email richardthyssen@kw.com
www.thyssengroup.com