Renovation v/s moving

When it gets to the point where your home no longer meets your families needs, you have a decision to make.

When you do outgrow your home, relocation or renovation will often be the first talking point, but which is the right decision and what do you have to consider?

We discuss the pros and cons of renovating vs moving

Renovation may be an approach to consider if:

• You don’t want to move postcodes, whether this be because you love where you live, your neighbours, or for school catchment reasons
• You want to add value to your home
• You have the time and budget to consider renovating
• The price growth is strong in your area
• You want to avoid the costs of moving, including purchasing a new home, such as stamp duty and the fees for selling your current home

Moving may outweigh renovating if:

• You want to move suburbs
• Your land size doesn’t allow for your renovations to expand the living space
• Your desired renovation incorporates a complete move of plumbing and rewiring of electrics
• You want to fully flip the layout so that the living space is at the rear of the house

Whether to move or renovate will depend on your individual circumstances but either way, there will be an expense involved in the process!

Whether you renovate or move one thing is for certain – you won’t want to do either again a hurry, so it is important to get it right!

If you are considering renovating, a professional such as AMS Property Renovations can assist with all your renovation needs.

Whether you are renovating a single room or your whole house, AMS Property Renovations have the experience, personel and resources to ensure your project renovation runs smoothly.