Renovations Over Moving: What should your plan be for 2024?

You might be ready for something different in 2024, a new space that works better for your family could be on your mind. But what should your plan be – renovate or move?

In a dynamic world, where change is the only constant, the decision between renovating your existing home and moving to a new one is a pivotal one. As we step into 2024, the prevailing trend leans towards renovations for various compelling reasons.

Let’s explore why opting for renovations over moving is the ideal choice for homeowners in the coming year.

COST-EFFECTIVENESS

 

There are some unknowns in the economic climate at this time. Real estate markets have been taking a huge hit with high interest rates, low inventory, and more. There is a big financial risk between selling your current home and buying a new one that might just make you think twice about relocation.

 

Renovation your current space allows you, as the homeowner to invest in your current property without the financial risk of moving. Plus, if this home doesn’t work for you forever, that’s okay! You have now improved the value of your home for a future sale!

CUSTOMIZATION AND PERSONALIZATION

Your home should be a reflection of you. We emphasize the immense value in personalizing and customizing your living space to meet evolving needs. Immerse yourself in before-and-after stories of homeowners who turned their dreams into reality through renovations.

Learn how our renovation company specializes in tailoring projects to meet individual preferences, ensuring each space is unique and works for homeowners themselves.

Take a look at our past projects here.

 

TIME-EFFICIENCY

The home-buying process can be very time-consuming, especially now where there isn’t much variety in the market.

With your renovation, we break down the timelines, providing tips on how you can expedite the renovation process without compromising on results. Discover the practicality of investing time in enhancing your current home rather than navigating the complexities of buying and moving.

EMOTIONAL ATTACHMENT AND NEIGHBORHOOD

There can be a lot of emotional ties to your current neighborhood and community! Especially if you have school–aged children. Moving is not ideal for them! Or, missing out on your favourite neighborhood grocery store, that friendly neighbor who always checks in – making up for all the intangible things of what makes your house a home.  

It makes it a little easier to create the home you want; in the neighborhood you love.

In the fast-paced journey through 2024, the decision to renovate instead of moving involves a ton of factors that need to be considered. By investing in your current home, you're not just upgrading your living space; you're securing a future that is intricately tailored to your needs and aspirations.

 

Choose renovations for a home that reflects who you are and where you want to be.

Michell Lytle