If you’re leaning towards staying where you are and renovating your current home, there are seven overall factors to take into consideration, say the pair:
- Considering your emotional attachment
- Assessing your home’s functionality
- Thinking about aesthetic appeal
- Figuring out your budget
- Working out a time commitment
- Weighing your home’s value and investment
- Honouring your long-term goals
If, on the other hand, you’re more tempted to sell your current home and buy a new one, they’ve broken down the top considerations into six main categories:
- Thinking about location
- Assessing market conditions
- Considering lifestyle changes
- Weighing your current home vs. new options
- Taking financial considerations into account
- Establishing a timeframe