• June 20, 2018

How to Tell If You Should Move or Renovate


How to Tell If You Should Move or Renovate

It may be tough considering leaving your home and starting the search for a new one, especially if you’ve had a great deal of time and happy memories invested in the place. In today’s day and age, when there are family needs to consider, you may find that you don’t have the luxury of staying in the space you have for long. Before giving in to the stress that is accompanied by making tough decisions, check out the information below to find out about what choice is best for you and your family.

Let’s get one complication out of the way. If you can afford to buy a new place than putting your foot down and looking for a new space instead of renovating an old one is more likely going to be your best option finically. Why? Moving is frankly more cost effective most of the time. Be realistic about your attachment to not only your home but the local area as well. Do you like your neighbors and community? Are you in a location where everywhere you may need to travel to is at a reasonable driving distance? These questions can help you if you are still unsure of whether you should stay or go.

Remember This When House Hunting

Although the advantage of buying a property catered to your needs may seem tempting to jump on right away, keep in mind that you must be able to afford all the new amenities that come with a freshly purchased property. It may seem like common sense to budget realistically, but a lot of new homeowners forget to take every expense into account when purchasing new homes. Before you jump into the home of your dreams make sure that you do all your research and be comfortable that you can afford the property and the new payments that come with it before you settle on deciding.

Buying a new home brings on the possibilities of having a larger space. Space is one of the most popular reasons to move, but it also has a hidden factor that many do not consider until after they begin to hunt for a new home. More space is great, but there also different kinds of spaces that you might want to have access to. Do you want more rooms or more square footage? Think of what kinds of space are more of a priority for you before you start the hunt for the home of your dreams.

Who Renovating is For

Renovating a property takes time and money. When you renovate consider the time it takes to complete the project as well as the returns you will eventually receive. Consider that upgrades and renovations do not pay for themselves and that most only see half their investments returned when they opt to sell after investing in renovating. Renovations rarely yield the results people search for when selling, especially when your house is in an area with similar homes. Renovating for your needs is an option that is more catered towards those willing to stay in their homes for a longer period. For those looking to relocate selling your home and moving to a new area is the most viable option more times than not when you are looking to save the most money possible.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-908-7293 or visit https://josephlewkowicz.com/