Should You Stay (and Renovate) or Should You Go?
If you’ve ever watched the popular television program, “Love It or List It,” you’ve likely seen individuals and families from coast to coast trying to decide whether they should pursue moving to their dream home, or instead renovate the home they already live in.
Some of these contestants are able to find exactly what they’re looking for elsewhere, while others fall back in love with their current abode and decide to stay put – especially since their home now serves more of their needs.
So, if you’re in need of additional space, a room that will serve a different purpose (such as turning a bedroom into a home office), or you want updates like a remodeled kitchen and baths, should you stay put or look for these things in a different location?
The reality is that there is no solution that is right for everyone. But there are some items to consider that could make your decision a bit easier. For instance, if your plans also include being closer to school or work, moving to a new location makes sense.
In other cases, though, it is essential to take time, convenience, and cost into consideration. As an example, a kitchen and/or bathroom remodel may require you to go without use of these areas for weeks (or possibly even months). Yet, going this route can also save you the hassle (and the cost) of moving.
Cost is also a significant factor to consider. While extensive renovations could certainly cause you to update your budget temporarily, moving will oftentimes require you to obtain a new 15- or 30-year mortgage. You may also have to wait for your current home to sell before you can move forward.
In any case, before you make a decision, it is recommended that you think about how your present home fits in with your needs and lifestyle today, as well as whether or not it can still serve your changing needs in the future.
Talking with a home renovation specialist can help you to nail down a decision. So, if your home is located in Orlando or the surrounding Central Florida area, give LP Design and Renovation a call at (407) 901-6215, or send us an email with any questions by going to https://lpinspiredrenovations.com/contact/.