How to know when you should move or improve

How to know when you should move or improve?

 

Not enough bedrooms or maybe you’re just sick of that outdated bathroom? The house that was once your dream home can quickly start to look more like a nightmare. So, is it time to improve or move?

 

At Rochester we've taken a look at the good, the bad and the ugly of both options, to help you choose!

  1. Personalisation

Whether it's a kitchen makeover or creating a new room, renovating allows you to personalise your home and make sure your space really works for you. Money spent on improvements adds to your property’s value in the long term.

 

  1. Location

 

However, if there are things that you don’t like about your location such as a long commute or noisy neighbours, you’ll still be stuck with them. Simple renovations can cause a lot of mess and major changes can lead to chaos for months, causing even more reasons to have dirty looks or complaints from your neighbours.

3. Budget

You can find the perfect property at the right price in the right location. Based on your budget, you'll be able to buy somewhere bigger which is set up to suit your household's needs better although you could move and still find yourself with work to do.

 

 

 

 

  1. Costs

Whether it’s giving some rooms a new lick of paint or bigger jobs like fitting a new kitchen, the costs of moving soon add up. Bond costs, lawyer and transfer fees and even the price of hiring a mover need to be considered.

 

 

 

  1. Realistic Expectations

Before putting your home up the for sale sign or getting the builders in, think carefully about what it is you’re looking for from your home and how much money you can afford to spend.

Get quotes from local builders and the municipal office to see what improvements are realistic or ask your local estate agent to send you details of houses that meet your requirements.