Home Design Chat with Nancy

Should you Stay or Leave?

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Nancy chatted with Jem Funk, our resident guest who is a lighting and interior designer, about the pros and cons of renovating vs. relocating.

Does your home no longer meet your needs?

  • Take into consideration what your current and long-term requirements are that you are looking for in your ideal home.
  • What do you need and want?

    • Consider the following aspects:

    •size of your home – too big, too small?
    •location of your home – on a busy road?
    • neighborhood –  access to shops, schools and public transport?
    • current state of your home – old and too difficult to repair or already a modern design?
    •budget – what is possible?

    RENOVATING

    Advantages

    • Stay in the same location.
    • Increases the value of your home.
    • Adjustable to your needs and wants.

      • Disadvantages

      • Potential of overcapitalizing.
      • Financing.
      • Living on a building site.
      • Overseeing contractors.
      • Stress levels.

        • RELOCATING

        Advantages

        • Receive a good price for your property.
        • Don’t have to deal with renovations.

          • Disadvantages

          •Costs of selling.

          • Searching for the right house.
          • Stresses involved with moving.

            • Note:  There are people who can do these tasks for you.  They can also help you downsize, purge and advise.

            This podcast sponsored by Thermador Appliances

            February 17, 2021

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            Home Design Chat with NancyBy Nancy Hugo
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