Why to Home Improve Rather Than Move

By February 8, 2018Blog
building-joy-planning-plans

If you are thinking about moving home, it might be because you have fallen out of love with your current one, you need more space than you did previously, or perhaps you just fancy a change.

If you are not moving house for the purpose of geographical relocation, however, then it could be extremely advantageous to you both financially and organizationally to re-design or improve your home instead of committing to a big move.

There are countless ways to re-design and innovate your living spaces. The services that we provide here at Premier Lofts include:

  • Loft Conversions
  • Ground Floor Extensions
  • Kitchen Extensions
  • Shower Rooms
  • Bungalow Extensions
  • Victorian House Extensions
  • Loft Installations
  • Attic Conversions
  • Dormer Loft Conversion
  • Mansard Loft Conversion
  • Hip to Gable Loft Conversion

Personalisation

A huge benefit of improving your home over moving into a new one is that you get to personalise it however you wish, as long as you have the planning permission to make the changes. There is no reason why you cannot move house and then do this, it just means that you will be spending a lot of money at once.

A redesign of your kitchen, bathroom or bedroom may be all you need to better align your home with yourself and your tastes. Convert your loft or basement into a stylish office to enable a new home working environment or perhaps create a knock-through to brighten up your home.

Personalisation does not start and end with colour schemes and furnishings; we can go as far as changing the architecture of our homes to suit our unique tastes and sensibilities. Consider, perhaps, installing larger windows into your home, or building a balcony or veranda if space permits.

If you need help to re-envision the look of your current home, consider enlisting the help of an architect or an interior designer. Remember that, so long as you are acting within the remits of building regulations, your space is yours to play with.

You Love Your Current Location

You may be unhappy with your house itself, but largely unwilling to leave the area in which it is based. Perhaps you live conveniently close to work or your children’s school, or you have brilliant neighbours and surrounding businesses that you’d hate to leave behind.

Instead of changing your location, why not change your home?

Save on Moving Costs

Let’s face it: moving house is an expensive and stressful endeavour. There’s a plethora of paperwork to be done, you have to move all of your belongings from one home to the other (with removal costs), and you have to pay stamp duty again.

There are also hefty upfront deposits that have to be made if you are moving house which can be seriously detrimental to your financials if you have not forecasted appropriately.

You won’t only be saving money on refraining from moving house, you’ll also be saving yourself a lot of time and stress.

Increase the Equity in your Home

Property renovation is a brilliant way in which you can make money from your home in the long run. By renovating or improving, not only do you create a better living space for yourself and your family, but you also serve to increase the equity in your home, meaning that if and when you do come to sell it, you will be able to sell it for more.

Types of renovation that tend to add the most value to homes include:

  • Loft conversions
  • Basement conversions
  • Home extensions

Generally, wherever you are renovating by adding space to your home, you are increasing its value. Other value-adding renovations involve modernising and bettering the design of rooms, such as with kitchen, bathroom and bedroom remodelling.

Ultimately, when you come to decide whether to move or to improve, your decision will rest on a number of factors, including where your current home is situated, how much potential for improving your current home has, and what your budget allows for. If it is both financially feasible and geographically advantageous to move house, that may be the best option for you. There is, however, significant value in doing-up the home that you intend to sell if you do decide to move. The equity that is released in the sale will often be well worth the investment you make.