Is your home beginning to feel a little tight? If you’re like many, the idea of shopping around for a larger home is the initial response. But what if we were to tell you that it may not be the best decision for you and your family?
Year after year, housing prices continue to rise across all of Australia. While this may have you seeing dollar signs when thinking about selling your own home, consider the fact that purchasing a new home could also cost you more and may result in you losing money in the end.
But then there’s the planning and the mess that traditionally comes with renovations. Unusable spaces, dust, and strangers in the home are all reasons why people forego renovating their home, especially in high traffic areas like the kitchen.
In this post, we’re going to explore when it’s a good time to shop for a new home and when it may be a good time to stay put and work with what you’ve got.
When Moving Makes Sense
The idea of moving into a new, fresh space can be exciting. But it’s important to carefully consider whether or not moving makes sense for you.
Moving in a rising housing market makes sense if:
- You want to down-size
- You’re moving to a less expensive market
- You don’t like your current neighbourhood
There are also other more obvious reasons why you would likely need to move, such as relocating for a new job.
Why More Australians Are Renovating Their Homes
Moving is expensive. Contrary to what some may say, it is often a lot more expensive than renovating your existing home to suit your needs. Not only might you end up spending more on a new home in this escalated housing market, but you will need to pay stamp duty and commissions to your real estate agent, pay for movers to pack and move your items, and invest in any upgrades or renovations you may make in your new home.
Moving is also a lot more of a hassle than renovating your existing space. If you simply want to have a more functional and well-equipped room in your home, renovating is arguably less stressful, less costly, and the project can be incredibly rewarding as you get to be part of creating the perfect space for you.
Home renovations are changing across this country. While major structural renovations can often go behind schedule and be massively inconvenient for homeowners, a kitchen renovation if retaining the existing space can be completed in a relatively short period of time. Here at Zesta Kitchens, we have over 70 years experience in designing and building beautiful, functional spaces that are completed on-time, every time. We even offer an On-Time Kitchen Delivery guarantee that promises that:
- We deliver your kitchen on its scheduled date
- We provide you with the best workmanship, service and care from start to finish
- We only use quality products that will stand the test of time (our products are backed by a 10-year guarantee!)