5 Reasons to Renovate Rather Than Move
It’s that age-old dilemma, you’re outgrowing your house or it’s not quite giving you what you need any more, but do you put it straight on the market and find another? Or should you think instead, about making a few changes around the place?
If you decide on the latter, you’re in good company.
Hiscox Renovations & Extensions Report, 2018 discovered that:
“over the last five years, there has been a fivefold increase in the numbers choosing to invest in their existing property instead of finding a new one. In 2013, this decision was taken by a modest 3% of homeowners and by the end of 2017, this figure had risen to 15%, representing more than four million households in the UK today.”
But why is it that this is becoming such a popular choice? This week we’re looking at five reasons you should consider renovating rather than a big move.
2. You’re settled in the area
If the kids are happy at school, you’ve got your social circle just around the corner and your aging parents down the road (close but not too close!), it seems a shame to have to move just because your growing family is bursting out of the space you have available.
Instead consider what’s possible in terms of a side and rear extension, loft conversion or knocking through walls. Many local architects will happily offer a free consultation and site visit to talk about options and offer advice when it comes to planning applications and other issues.
Don’t assume that there’s nothing you can do to create the home of your dreams from your existing space.
4. You know exactly what you’re looking for
Sometimes searching for a new house can be frustrating, particularly if you know exactly what it is you want from the property but nothing that’s on the market quite matches up. Then why not create it yourself? Ask for a consultation with an architect or interior designer in your area to find out exactly what is possible with the footprint and space you have available.
And you never know, you might find that you can get pretty close to whatever it was you wanted in the first place…and without the hassle and upheaval of moving.