05/28/2022
SHOULD I SELL MY HOME OR RENOVATE?
This is a huge question that all homeowners eventually face. How do we decide which of these options makes the most sense for us?
Here are a few questions that are helpful to ask ourselves when making this big decision:
COST – Will it be cheaper to move or renovate? Generally, it’s important to take your current mortgage situation into consideration, as well as what your savings look like. Moving often will put more money in your pocket short-term, but can cost you more down the line. Renovating, on the other hand, has more immediate, out-of-pocket expenses.
SENTIMENTALITY – Does your home have certain qualities or memories that you just aren’t ready to let go of? If so, maybe sticking to renovating is better for you. Are you ready to have a fresh start? Then start exploring the endless possibilities of a new home!
MARKET – Is it a good time to sell? Will you get the most return out of your investment?
TIMING – Is it a good time to move or renovate? Moving could mean changing school districts, commuting routes, and mortgage costs. Is it a good time to invest in renovations for your home?
Asking yourself the big questions can be stressful, and I'd be happy to alleviate your stress in any way that I can. Shoot me a DM and let's get the conversation started.