If you have lived in your home for a while and no longer feel like it meets your needs, you have two choices. You may sell your home and buy a new one that has the options you are looking for or remodel your current home so that it meets your needs. How do you know what is best? Here are four things to think about.
Is your home in the location you want? If your home is where you want to live and homes in that area are not always available, you may consider making updates to your home and staying right where you are. All changes aren’t possible but many are. Add more space, update the kitchen and bathrooms or add a garage. All of these are things you can do. It is important to consider the impact these changes will have on the value of your home. While changes don’t always increase your home’s value, make sure you don’t over improve your property. A five bedroom home surrounded by two bedroom homes will be a tough sell no matter how nice it is.
Schools are another reason you may want to stay in your home. If you have kids in school, moving may disrupt the schools they are enrolled in. Some school districts are highly coveted and if you are lucky enough to live in one of those, you may want to stay where you are as opposed to moving to the perfect house with schools you aren’t happy with.
What about your neighbors? If you have lived in your home for a long time, you may have neighbors that you are very close with. While you will have new neighbors when you move, it can take a long time to develop the relationships you have spent years building. If your neighbors are more like family, do you really want to leave that?
Lastly, moving is expensive. If you are moving because you think it will be cheaper and easier than renovating, think again. Moving is expensive and stressful and selling your house may have its own challenges as well. Weeks of packing, hiring a mover, unpacking at the new house and lots of other things will add up significantly in time and money. If you are moving to save money, make sure you factor the cost of the move into your plan.
Another option if you decide to sell your home is to update your home before you sell but that can be time consuming, stressful and expensive. We have a unique program called REALVITALIZE that can assist you with home improvements, repairs and staging. This program will ensure your home is in top condition and maximize your selling price and no payment is required from you until closing. REALVITALIZE will pay the up-front costs with no hidden fees, no interest and no markups. Most REALVITALIZE homes go on to sell at or above the list price.
Any home you purchase will have things you don’t like unless you custom build a new home. No home is perfect so it’s important to balance everything about a home when you are trying to decide so you know what will be best for you.
Image by ElasticComputeFarm from Pixabay
Brooke Boles
Coldwell Banker Realty
501 E Camino Real
Boca Raton, FL 33432
561.595.4473
Brooke.Boles@CBREalty.com
www.BrookeSellsBoca.com
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