Should You Move or Renovate Your Ottawa Home?
After living in one place for a long time, there comes a moment in every homeowner’s life where they question whether they should renovate their home or move.
Depending on the stage of life you’re in, moving might make more sense. For instance, if you’re looking to downsize because your kids have all grown up and moved out, your current home might just feel too big!
However, if your family is still planning on staying in the home for a while, renovating will likely be the most cost-effective option for you.
Should You Renovate or Move?
Selling or buying a home is a huge undertaking and if the market is not in your favour, you could be looking at spending way more money than needed.
There are also the costs associated with moving that you need to factor in such as packers, movers, material and more!
Let’s take a look at why renovating your current home might make more sense than moving.
Ability to Customize Everything
When renovating your home, you have complete control over the design. From choosing the finishes to picking the final paint colours.
At the end of the day, you’ll end up with a renovated home that perfectly suits the needs and style of your family.
Stay in Your Neighbourhood
After being in one area for so long, we’re sure you’ve grown to love the area you’re in.
Depending on what is available on the market, the chances of you staying in your area will be slim. Moving might give you a chance to start fresh, but if you love where you are, why change that!
Increase the Resale Value of Your Home
When it finally comes time to sell your home and downsize, you’ll be able to list your home for a lot more with renovations having been done. The updated interior will appeal to potential buyers. Think about what you would have been looking for in a new home, would you have decided to move.
Less Long-Term Disruption for Your Family
Your home is not simply a place where you eat and sleep. Your family builds memories, experiences a lot of life’s exciting moments in your home.
There is a strong emotional connection that comes along with owning a home!
Ottawa Home Renovation Basics
No one said you had to renovate your entire home in one fell swoop. You can break up the projects and focus on the areas of your home that are most in need of a facelift.
Things to consider when planning a home renovation project are:
- Design: what are the design elements that are a must for your family?
- Materials & labour: what finishes and how much of a remodel are you looking for?
- Permits: what are the local zoning permits in your area?
- Budget: how much are you able to afford and are you able to budget for the unexpected?
Work With Magnolia Construction to Achieve Your Dream Home
If you’re considering renovating any part of your home, our team at Magnolia Construction are here to help you achieve your dream space.
From Kitchen renovations to basement renovations, we’ll be able to work with you on all of your home renovation needs.
With years of experience in home renovations, we’ll be able to help you come up with designs that meet you and your family’s needs all while staying within budget.
Ready to renovate your home with Magnolia Construction? Book a free consultation with our team to get started.