Moving to a new home is not cheap. Adding up the costs, there are the obvious costs of buying the new home, then there’s stamp duty, agent’s fees, moving costs and other related costs will take a toll on your finances. If you are looking for a single floor property/bungalow for an equivalent size to a house, you are looking at paying so much more than the house because the demand outweighs supply which just drives up the prices.
How can you be sure moving is the right decision after all? What if there was a better solution? Before you decide to throw yourself into more debts by moving, why not consider making adjustments to your current home to fit your current lifestyle.
Do you need more floor space than what you currently have? If so, have you considered building into your loft or getting an extension? This additional living space will also help to increase your house value. It is worth getting a builder in for a free quote to see what can be done to improve your lifestyle!
Are you looking to downsize? Why not de-clutter your rooms and rent it out to generate an income from your spare bedroom(s)! Or become a host family for international students!
Do you have a health or mobility problem which makes it difficult for you to go up a flight of stairs? If you are happy with your current home and love your neighbours and location, why not consider installing a stairlift. I know buying modern stairlifts can be quite a big decision! However, many companies can custom-make the stairlift for your home to ensure you enjoy maximum benefits and you are not inconvenienced in any way. The cost of installing a stairlift is very affordable and only a fraction of buying a new home! Also, there’s no stress from moving!
Are your neighbours or traffic too loud? Maybe worth getting your windows changed and invest in thicker carpet. Or move around the room away from the noise!
Let me know would you consider to move or to stay in the comments below.
Disclosure: This is a featured post.