Do you want to move house, or improve what you’ve got?

moving-house

Is it better to move house or improve the one you’ve got? To reach a decision, you need to weigh up your situation, including money, stress of moving, stress of renovating and the impact all of the above will have on your life.

If you’re worried about the effects moving will have on you, then getting a good conveyancer onboard will help to keep your stress levels at bay, and will make the whole experience more enjoyable. A firm such as Slater and Gordon can assist you through the process, and provide you with some great advice too.

There are a few important details you need to consider before reaching for the tin of paint or calling an estate agent.

Timing

Maybe you’ve got an 8-week-old baby, you’re getting married in a month, or you’ve just moved jobs. Sometimes we can have so much going on in our lives and to move house would disrupt everything further.

It would be better to wait until circumstances have calmed down before taking on severe building work or moving house altogether. Consider taking on some minor refurbishments first until your position becomes a bit steadier.

Money

This is the dreaded topic that everyone avoids, but is probably the most important. On average, it will cost someone £8,000 to move house. This is a considerable amount of money, so spend it on renovations instead, which could improve the value of your house if you did decide to move a few years in the future.

This amount of money could get you a new bathroom, or new flooring throughout. You could also treat yourself to some new furniture and transform the style of your house. The car parking space, drive and the look of your house from the outside can up its value by 8%! Consider getting a gardener in or doing some minor renovations to the driveway.

Location

If you’re unhappy with the location of your current home, then no amount of paint, building work or new carpet will change how you feel. Moving to a new location is the only solution. However, to save some money, you could buy a house in a good location that needs a bit of work doing. This could ensure you get the right location and the perfect house!

Space

Similarly with location, if you’re finding the lack of space in your home a problem, then moving will be the only option. There are ways of making a room feel bigger by changing furniture, painting it a lighter colour or adding mirrors, but these things won’t change the amount of storage space you have.

If you’ve got room to extend, then this would be a great solution. It can be difficult to part ways with a house when you love the location it’s in. Make sure you know all the complications and sacrifices that come with such a big building project before you embark on it. Though I promise, the end result will be worth it.

If you’re happy with the space you’ve got, renovations will take you a long way. You can keep it simple with new carpets, or go wild and start knocking walls down to create an open-plan room.

Moving or improving is a decision that will be different for everyone, and you need to consider all of the above before you make a decision.

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