There are a million and one reasons someone could argue that they should move instead of renovate and vice versa. But there is no cure-all answer for deciding between moving or renovating and it is simply because there are so many aspects of one’s individual situation to take into consideration. For some, money may be the deciding factor whereas for another sentimental value may trump all other reasoning. However, it is important to weigh all major options before making any rash decisions. With the new year shortly upon us, it’s a better time than ever to figure out your plans for 2021.
- Hiring moving professionals can cost anywhere from $300 to $8000 plus depending on if it’s a local or long-distance move. It’s important to be mindful of what your service covers as it may or may not offer options like storage, packing/supply cost or insurance.
- Real Estate Costs may include charges like a realtor, appraisal fees, home inspection, down payment and even cleaning costs.
- Moving into a new home means getting new furniture and appliances. Even if you move your old furniture, you never know what item you may realize you’re missing.
- Protecting your home is key. Things like homeowner’s insurance may be included in the price of your mortgage, but it won’t cover everything. Looking into a home warranty for your major appliances or seeing if you can transfer the current owner’s warranty, can save significant time and money down the road.