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Sometimes the weather taking a turn for the worse forces us inside, and during this time we often have time to consider DIY jobs and for some people this escalates in to a much deeper consideration of whether their home offers them everything they require. Questions around whether to invest in significant home improvements before winter and the Christmas season fully set in are weighed up against whether a move to a new home would be the better option.
The outcome of these deliberations will often be based on personal need and preference, but there are some considerations which you should include in your musings before making a potentially costly or disruptive decision.
What is your end goal? Start by asking yourself what is most important: do you want to create extra living space; move to a more desirable area or be closer to family, friends or key facilities? Are you happy with where you currently live? Does your home meet both your current and future needs? Does either a move or an extensive renovation fill you with dread? These are all important questions to ask.
If you opt to stay put, consider whether the home improvements you have planned add real value to your home. A new kitchen, for example, may well increase your homes appeal but is unlikely to add significant value. Whereas adding extra space by way of a loft conversion or rear extension is more likely to have a positive impact on your home’s future value. Remember though that to make the most of your expansion you should engage with skilled contractors who will be able to see where the real potential lies and ensure that the extension works, not just for you but for future owners too.
If you do decide to move, you’ll then need to consider whether an established home or new build is right for you. Again, this will be largely dictated by personal preference but you may wish to ask yourself some of the following questions.
Do you want to move in to a freshly decorated property, with all mod-cons and no need to consider any DIY projects for the foreseeable future or would you prefer more of a ‘project’ where you can put your own mark on place, potentially with scope to extend in the future?
Are issues of energy efficiency a key consideration for you, or do you long for a home which oozes period features?
Do you need to be in an established community with amenities nearby or does being further out of town on a planned development suit you?
These considerations only touch the surface of what you’ll need to decide when weighing up the pros and cons of both improving and moving, and further advice can be sought from your local Andrews team or by visiting our website
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