Improve or Move?

Dated: 06/06/2018

Views: 4

Improve or Move?

Unless you built a custom home, you probably have a long list of things you'd like to improve in your current home.  Browsing online listings might get you in the mood to upgrade to a new home, or you might be thinking about renovating your current home after bingeing on HGTV.  The answer to renovation vs relocation depends greatly on what you're trying to fix.

Thinking About a New Kitchen?   If you're dreaming of a chef's kitchen with new appliances and beautiful cabinets, renovating your own kitchen gives you incredible ROI and is less costly than moving.  You'll increase the value of your own home if you ever decide to sell, and there's a great sense of accomplishment that comes with completing a custom renovation.  

Need More Space?  If you're running low on bedrooms, there may not be a lot of options.  Converting an existing room to a bedroom doesn't create any new space.  If you're in a condo, an addition is probably impossible.  And additions can be expensive even if it's a possibility.  Moving is usually the best option.  

If the Neighborhood Isn't Ideal   You may have seen some potential for your neighborhood when you first moved there, but perhaps it still isn't welcoming the shops and restaurants you expected.  If that's the case, consider moving.  There's no sense in waiting years for the neighborhood to improve, especially if you can move to a house in the same price range in a more preferred part of the city.  

Blog author image

Rhonda Wright

For most people, a home is one of the largest purchases they will ever make. My clients hire me to make the process of buying or selling their home go as smoothly as possible. At the end of the tran....

Latest Blog Posts

What is a Comparable Market Analysis or CMA?

Simply put, a Comparable Market Analysis, or CMA, is the best way for home sellers to learn their home's current market value to help them determine a selling price.  When you're selling a

Read More

Happy Independence Day!

Have a safe and happy Independence Day, from my family to!

Read More

Featured City: Carleton, Michigan

Let's talk about the village of Carleton, Michigan!  I grew up in the Carleton area and I graduated from Airport High School after attending Eyler Elementary and Wagar Jr. High School.  My

Read More