Don’t Move Home, Change Your Current Property
Do you own your home? If so, then you might be thinking about selling your property to either move to a larger home or change your location.
This isn’t always avoidable, but before you take this step, there are some points that you should consider.
You should think about whether it’s the right time to sell your home. It’s possible that this is not the case, particularly if there is a slow level of growth on the market as a whole. In a situation like this, it can be worth holding onto the property until you are able to sell for the right price.
If you are thinking about moving to a larger property, then you need to consider whether this suits your budget. With rising fuel costs, it’s important to consider whether you can cover the cost of energy for a larger home. You shouldn’t just think about whether you can afford the upfront cost to purchase the property or even the deposit.
Instead of moving to a new home or a larger property, you could instead think about making some key changes to your current home. Here are the key ideas that are worth exploring when making changes like this.
One option worth considerirng would be converting spaces around your property. This could include areas like the garage, the attic, or the basement. Possibilities like this might provide you with opportunities to give your family and you more room to breathe. You can also use the new areas to provide practical benefits such as adding a home office if you do tend to work remotely.
You might think that something like a loft conversion will be beyond your budget. However, we’re delighted to say that’s not the case. In reality, you can complete a conversion for a fraction of the cost that you might need to be to get your home ready to sell. Particularly if you haven’t been keeping up with the latest trends in interior design work over the past few years.
When choosing the right conversion for your property, it’s important to consider a variety of factors. For instance, you might want to think about whether you have a high enough ceiling to easily convert the loft. While it is possible to convert a loft with a low roof, this is more expensive and will take more work.
Alternatively, you could think about changing your garage. That’s a great option if you have plenty of space on your driveway. But it might put future buyers off if there’s no other places to store their car.
If you don’t want to convert an area of your home then you could consider completing an extension to add more space to your property. That’s a great idea if you have plenty of exterior space around your home. For instance, you might find that you have a large garden that you don’t use as much as you should. If that’s the case, then you could consider an extension such as a conservatory or perhaps just a larger family room. Extensions are a little trickier to manage compared with a conversion as depending on the size, you will likely need to ensure that you gain planning permission.
If you are using a contractor to complete an extension, then they may be able to arrange planning permission for you. This can help you avoid delays when completing work on your home. Keep in mind that you are far less likely to experience issues with planning permission if the changes don’t stand out or completely alter the aesthetic of the property.
The right type of extension can add as much as 25% onto the value of your property. However, it must be completed to the right quality standards. That’s why it’s important to ensure that you do hire the right contractor for the job.
You could also think about making changes to your garden. If you don’t have much room inside your home, you can get more from your property by ensuring that you do spend a little time improving your garden.
A property trend for homeowners right now is to create an outdoor kitchen space. This will go beyond the typical barbecuing area and can include everything from an outdoor oven to a full hob and countertop. Some people love the idea of being able to cook outdoors, often under an adaptable shelter. This type of unique feature will always be a great selling point for any property.
Another option worth considering would be a pool. Pools are a great way to elevate your garden space. Similar to conversions, these are not as expensive as most people assume. You can get the right pool for your home for no more than ten thousand. This will always depend on the size and type of pool you want as well as the features that are appealing to you. However, it roughly equates to the amount necessary to upgrade the kitchen or bathroom with the latest modern changes.
Upgrade Your Technology
Finally, instead of adding more space to your property or luxurious features you could consider adding the latest technology to your home. One example of this would be a smart home control system. The latest smart home control setups will allow you to set schedules so that areas of the home will instantly adapt to your needs and the way you want to live. This is a great way to ensure that you do get more from your property overall and don’t feel the need to move to a new place. It can also be another great selling point when it is the right time to move.
We hope this helps you understand some of the key reasons why you shouldn’t always move home and the steps that you can take as a suitable alternative. By exploring the right possibilities, you can ensure that you don’t lose money on what might be the most significant investment of your life. You can also avoid a situation where the costs of your next property are too great for you to effectively handle.