To Relocate or to Renovate?

To Relocate or to Renovate?

To Relocate or to Renovate?

As the coronavirus pandemic forced millions of people to stay at home for enforced periods, homeowners gained a newfound appreciation for the spaces they live in. Research by home insurance company LV found that in 2020-2022, some 15 million homeowners across the UK made the decision to renovate their own house rather than relocate elsewhere.

Renovating a home is usually considerably cheaper than upping sticks and moving elsewhere, and certainly much less hassle. But what can realistically be achieved with renovations? Let’s look at some of the options…

Renovation option: Convert to create extra space

Many people move home for the purpose of gaining extra space, but this can be created without the need for relocation. Converting unused or underused rooms to become functional living spaces provides further space without the need to extend. Lofts, garages and cellars are often left just as occasionally-used storage rooms but can be converted to be bedrooms, living rooms, home offices, bathrooms or hobby rooms. This also adds extra value to the home – often offering great return on investment.

Renovation option: Extend to create extra space

If the property layout allows it, extensions can be added either to the rear, a side return or to add an additional floor to the home. This may be in the form of a bricks-and-mortar extension, an orangery or a conservatory. This allows for homeowners to design their extra space to fit their exact requirements as well as to fit the aesthetics of it to their existing property. Extensions and additions can often be installed without the need for planning permission under Permitted Development Rights. These rights allow for extensions meeting certain dimensions and conditions to be erected without the need for formal third party administration.

Renovation option: Redecorate

Interior design and decoration is often underrated when it comes to home value and appreciation, but there’s no need to relocate if you’re feeling your rooms are a little tired. Redecorating to a neutral base colour throughout the home allows for the accent colours and other decoration to be chopped and changed whenever the desire takes you without having to indulge in a full redecoration project! Clever use of colours, furniture, mirrors and lighting can transform the feel of a room. A whole host of design inspiration, techniques and tips can be found online, making interior design more accessible to everyone.

Renovation option: Upgrade rooms

Upgrading the kitchen and bathroom can vastly improve the functionality of a home and increase the value of a property. Investing in fixtures and fittings to futureproof a forever home is considered worthwhile of the long term, and it’s often advised that buying the best homeowners can afford will sustain such rooms for longer. Renovating these rooms in an existing house allows for the custom design of such spaces as opposed to moving somewhere new and just living with whatever has already been installed.

Renovation option: Futureproof

If you’re thinking of relocating to a ‘forever’ home, it may be that you can implement changes to your existing property in order to futureproof it. Investing in sustainable design, incorporating accessibility practices and integrating smart technology into the home can all help keep your spaces liveable for longer; no matter how those living in the household change over time. Such renovations can also help save money on bills over the long term, particularly with energy efficiency.

Renovation option: Increase curb appeal

A new front door, a garden tidy and a lick of paint around windowsills can vastly improve the appearance of a home and give the feeling of a new property; even if you don’t have one! Renovations, both external as well as internal, can really freshen up the feel of a home – and working on the outside can be a great place to start for an inexpensive spruce up.

Reasons for Renovation over Relocation

If a property can be renovated to meet the homeowner’s needs without it costing more time, effort and money than required for a full relocation, it is definitely worth renovating rather than going through the stress of moving house. However, other factors can contribute to such a decision, including:

  • The neighbourhood – if you live somewhere you love and would like to stay in, it may not make sense to up sticks and move somewhere else

  • Local schools – if you have children and they have already begun school in the area, moving out of the boundaries for such education may be disruptive; or there may not be a suitable school closer to the new home

  • Local facilities and amenities – if you use a lot of local amenities, your proximity to these should be considered. If you don’t drive, accessibility to such facilities either on foot or by public transport should be considered

  • Loved ones nearby – if your home is in the same neighbourhood as all of your friends and family, moving elsewhere could cause issues with your social life, daily interactions and support network

  • The commute – those working in an office or on a site away from home should always factor in the time and money their commute will take. While often left as an afterthought, an increased or differing commute can prove very expensive and so should be prioritised in the decision making process.

How to identify the potential in your home for Renovations

It may be not immediately apparent how or where you could renovate your home, but you shouldn’t make the decision for a costly move without first investigating the options! At VERS Pro, our expert team offer 3D laser scanning, 3D home visualisations, 2D floorplan design, working drawings, mechanical drawings, electrical drawings and planning permission drawings in order to scope out, plan and design home renovations throughout properties of all types.

Want to uncover the potential in your home? Get in touch!

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