Podcasts Arts Home Design Chat with Nancy Should you Stay or Leave?

Should you Stay or Leave?

Published: Feb. 17, 2021, 4:32 p.m.

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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.

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Does your home no longer meet your needs?

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  • Take into consideration what your current and long-term requirements are that you are looking for in your ideal home.
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  • What do you need and want?
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Consider the following aspects:
\\n\\u2022size of your home \\u2013 too big, too small?
\\n\\u2022location of your home \\u2013 on a busy road?
\\n\\u2022 neighborhood \\u2013  access to shops, schools and public transport?
\\n\\u2022 current state of your home \\u2013 old and too difficult to repair or already a modern design?
\\n\\u2022budget \\u2013 what is possible?

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RENOVATING

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Advantages

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

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

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Advantages

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  • Receive a good price for your property.
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  • Don\\u2019t have to deal with renovations.
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Disadvantages
\\n\\u2022Costs of selling.

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  • Searching for the right house.
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  • Stresses involved with moving.
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Note:  There are people who can do these tasks for you.  They can also help you downsize, purge and advise.

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This podcast sponsored by Thermador Appliances
\\nFebruary 17, 2021

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email comments to Nancy@NancyHugo.com

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