Does your space need a full renovation to make you happy? Or is it time to look for something new?
Today, we're talking about remodeling versus moving.
We are sure that you've seen that TV show - where a family has totally outgron their space but one of the partners just doesn't want to leave, so they decide to renovate.
If the renovations aren't fixing the issue, only THEN do they move. We are exhausted just thinking about it! And we all know that reality TV isn't always real. Living in a construction zone while shopping for a new house that you might not buy? NO WAY! That's why we recommend doing one or the other.
Let's break it down.
A lot of times, people get frustrated with their space. They've had a baby, fallen out of love with their townhouse, or started dreaming of retiring in a smaller space near the beach.
Whatever the reason, it's very important to first identify WHY you are considering a move, and then go from there.
Here are FIVE things to think about:
1. Can it be fixed easily?
If you want an updated kitchen, swapping out fixtures, painting cabinets, and buying new appliances is a pretty easy fix. But if you want a bigger kitchen, you're going to have to move.
2. Can you deal with contractors?
Hiring an interior designer or general contractor to manage your project will help, but renovations require you to work with multiple companies and contractors on a daily basis.
You'll be dependent on their timeline, expertise, and quality of work. If you don't want people coming in and out of your home for weeks on end, it may be time to move into a turn key home.
3. Can you live in a mess for a while?
Renovations can be dusty and dirty and shrink an already hard-to-navigate environment. Tools will be everywhere, equipment will be everywhere, and people will be everywhere. Is a renovation going to get in the way of school, work, or travel? If so, something turn-key may be more appealing.
4. Can you tolerate a move?
You may dread the thought of having to pack up your entire home while paying a moving company thousands of dollars to pick up your heirloom armoire and try and make it through the front door. If this sounds unbearable to your, it may be cause to stay.
5. Do you love your location?
If the view, zoning, corner lot, or amazing neighbors are the reason why you moved to your current house to begin with, then moving may not be the answer. In this case, it would be better to renovate the inside of the home to match the amazing benefits of the outside of the home.
No matter what you decide, it's important to have a good Realtor to help you understand how renovations will affect your home value and help you decide if you're better off pakcing up and moving to a new space.
That's where our experienced agents can help!
At this point, you may be convinced that you may need some guidance around the area of renovating a current home versus moving to a new one. But you may also be thinking that you have no idea where to start.
Give us a call today and let's your goals underway!
Bossier City Office (318)-747-5411
Shreveport Office (318)-861-2461