The Benefits and Limitations of Renovating or Moving House
You have been living in your house for years and still, love it, but it has become shabby and needed repairs, it’s natural to think about ways to deal with it. Sometimes you want to move to a new place but don’t want to lose your beautiful yard. So, which option do you choose: moving or house renovation.We have assembled a list of benefits and limitation of each, to help you pick the right option.
The maximum number of homeowners opt for renovation to keep their property in good shape over the decades otherwise the property can get obsolete and demolished. However, just because a property suits your needs today, it doesn’t mean it will stay the same. After few years you might get married or have children, and that time you will require extra space. But getting well planned and well-costed renovation services from a specialised renovation builder can transform your two-bedroom home into three-bedroom, and you can also add an extra bathroom according to your growing family needs.
Key advantages of renovating over selling include:
- Improves the comfort of the house
- Improves the functionality of the house
- Drop in the utility bills due by upgrading to more efficient appliances
- Increase the resale value of your house.
- If you are looking for house renovation services in Auckland or somewhere less make sure you always look for the reliable and certified professionals.
Not all home renovation projects cost the same plus they are limited and can be messy too. Sometimes it’s become hard to get the planning permission for basements or large extensions. From painting a room to working on the kitchen can be disrupting. While building a new room can be a bit inconvenient as this may lead to sharing rooms till the work is done. If you are planning to do any structural changes, make sure you counsel your home insurer before. Renovation requires not only a proper financial budget but also an appropriate time budget. As renovation may take a long time. If you are busy, you need to ask yourself if you have time to deal with a renovation. On the other hand, if you have young kids and you have to travel a lot for work, then house renovation may not be your best choice.
You can fulfil the current and future needs of your family without dealing with the renovation mess. As you will get the desired rooms, but also with better parks, schools and hopefully good neighbours. This will be the best option to free yourself from the familiar and boring shackles of your old property. Moreover, you will get plenty of opportunities to explore new landscapes, meet new people and spend quality time with your friends.
Sometimes you don’t end up with enough money to cover all expenses. As there several things to deal with including paying to your agent commissions, dealing with appraisal costs, covering legal fees and hiring a professional and reliable house moving services. You would be fortunate if you left with enough money.
House renovation and house moving both have significant advantages. They also have some limitations, too. Before making any decision consider the benefits and limitations of both sides. If you have any tips or suggestions, feel free to write us in the comment box below. And don’t forget to share the article.