There are many reasons why your current house might not be a good fit. Maybe there isn’t enough room for a growing family, the kitchen needs an overhaul, or you’re wondering about the best house extensions. If that’s the case, you have two solutions: renovate or relocate.
Each solution comes with its own pros and cons. Both are big decisions, so we’ve put together a guide to help you decide which is best for you.
Benefits of renovating
Keep your house
Houses are full of memories. Perhaps you’re very involved with your local community and don’t want to leave your neighbours. If you’re attached to your property and don’t want to move away, then renovating gives you the changes you need without losing a home you treasure.
Create your dream home
Another upside to renovating is that you can bring your house one step closer to your dream home. You can’t guarantee that another house you find on the market will be perfect, but renovating lets you put your own stamp on your current property.
Invest for the future
You can also consider it an investment for the future — both for a growing family and your finances. Home renovations can increase the value of your home, so it’s a good choice if you’re thinking about selling in the future. Kitchen and exterior renovations tend to present a large return on investment in particular.
Downsides of renovating
Disruption
The biggest downside to renovating is the disruption it can cause while your home is being renovated. It may be harder to access some parts of your house, or you might even need to temporarily move out altogether.
If you are staying, building work is often noisy and will disrupt your daily activities. However, a good home remodelling company will do their best to be unobtrusive while working on your house, and luckily the hassle is only temporary.
Limitations
Renovating comes with a few limitations, such as the existing size of your house and the planning permission required for larger changes.
Scale
Depending on how much you want to renovate, it may be cheaper to relocate. If you want to change every part of your house then the costs will add up. Looking for a new house to fit your needs may be the better choice.
Benefits of relocating
A fresh start
If you’re looking for something completely new, only relocation will get you that. It can be a blank canvas for you to decorate, as well as a good excuse to de-clutter.
Change your location
Renovation can fix an unwieldy kitchen, but it can’t do much for you if you don’t like your neighbourhood or your commute. Alternatively, you might want to move closer to family. If your issues with your house are more to do with the location, then relocating might be the better option.
Downsides of relocating
The stress of moving
There’s no getting around the sheer amount of work that goes into moving house. Whether it’s selling your current property, searching for a new one, or moving all your belongings, moving house is a stressful time for everyone involved. This is especially true if you’re uprooting an entire family.
Cost
From estate agent fees to deposits, moving house comes with a long list of expenses. If the changes you want to see in your current home aren’t too major, then relocation may be an unnecessary expense.
Expert renovations with DJ Reynolds
If you’re looking for renovations on your house, you’re going to need a builder you can trust. With over 40 years of experience building and renovating homes in Cambridgeshire, DJ Reynolds is a leading house remodelling company. Take a look at our testimonials or gallery to see what we can offer, or contact us to discuss your project today.
