The decision to sell a home and move to a new one is often driven by the need for more space, improved functionality, or a change in lifestyle. However, an increasingly popular alternative to this is renovating and in some cases extending your existing home. By investing in home improvements, homeowners can enhance their living space, increase property value, and avoid the hassle and expenses associated with selling and moving. The benefits of renovating and extending your home is a cost-effective and practical solution rather than forking out thousands on fees and taxes.
Stay in your desired location
One of the main advantages of renovating and extending your home is being able to stay in your desired location. There are many reasons you may want to stay in your current area: proximity to schools, staying close to friends and neighbours, or even being within the delivery area of your favourite Indian takeaway. By choosing to renovate, you can preserve your existing relationships, amenities, and lifestyle, without the need to uproot your family and start again.
Refurbishing your home can be a more cost-effective option compared to selling and moving. Selling a property involves so many expenses such as estate agent fees, legal costs, moving expenses, and stamp duty. Additionally, the process of finding a new home and negotiating a purchase can be time-consuming and stressful. By renovating, you can allocate a portion of these costs towards improving your existing property, ensuring that you get the most value out of your investment.
Strategic home upgrades and extensions have the potential to increase the value of your property if done right. Enhancing key areas, such as the kitchen, bathrooms, or adding extra rooms, can significantly improve the marketability and appeal of your home. By investing in these upgrades, you can potentially enjoy a higher selling price if you decide to sell in the future. In the meantime, you also get to enjoy the benefits of the improvements you have made.
Build your home specific to your wants and needs
Updating your home allows you to create a space that perfectly matches your needs and tastes. Whether it’s a larger kitchen, an additional bedroom, or a home office, you have the freedom to customize your living space to suit your lifestyle. By working with architects, designers, and contractors, you can transform your house into your dream home, instead of moving into someone else’s.
If you are thinking of starting a renovation project, get in touch for a free consultation: Freya O’Malley, Studio FLO Interior Design www.studioflo.co.uk 07904608358