If you are already living in your “forever” location— and can imagine loving it for years to come — it might be better to stay put and renovate your house to suit the next chapter of your life.
Selling up and moving can be the right decision if it allows you to upgrade your home and your neighbourhood.
Sometimes it makes more financial sense to turn your home into an investment. If your property is well-located and you can afford to hold onto it, you might consider borrowing against the equity of the property and using it as a deposit for your next home.
Whether you decide to renovate, sell your property or turn it into an investment, you must go in with your eyes wide open on all the costs associated with each scenario.
We can help you decide on the option that works in your best interest. Get in touch today!