Do You REALLY Want to
Sell and Move -
or Should You Stay and
Add On?
By Jeanette Joy Fisher
It's often a dilemma to decide whether you really want to sell a home you
love, in a neighborhood you love, just because you need more space or you've
looking for more amenities. If you find yourself asking that question, here
are a few things to ponder before you put your home on the market.
First, are you truly happy in your home, in your neighborhood? Sometimes
people think they're happy, when all they really are is comfortable and
accustomed to where they are. It's human nature to be wary of changes, and
moving your entire household and family is one of the biggest changes people
can make. Think long and hard about the pluses and minuses of moving to a
new home before you put your home on the market. After you've received an
offer is NOT the time to come to the realization that you really don't want
to move!
Realize that it can often be considerably LESS expensive to add on than to
move, especially if you live in an area where home prices have escalated
considerably. You may end up with a larger mortgage payment, higher taxes,
and more headaches if you move. On the other hand, if adding on to your home
makes it the biggest and nicest home on the block, you may not be able to
fully recoup your remodeling costs for many years. However, if you truly
love your home and area, and plan to stay for quite a while, it may not
bother you that your home's eventual sales price might be hurt somewhat by
the other, less improved homes in the neighborhood. That's a decision you'll
have to make, again after some serious thought.
There may be some zoning restrictions that preclude you from even being able
to add on. Check with your local authorities to find out. What you learn may
affect your decision, one way or the other.
Just because you've outgrown your home or would rather have some other types
of amenities, that doesn't automatically mean you have to look for a new
home. If you've already found a home you love, in a neighborhood you love,
perhaps you'll be better off adding on. It's something to think about,
BEFORE you put a "For Sale" sign in your front yard!
If you want to stay and add on, visit our
Interior Design Psychology
website for home interior design tips. Also, see our
Home Makeover Teleseminar.
If you want to sell and move, join our
FREE Home Selling Teleseminar.
Get expert advice on Redesign and Home Staging from Design
Psychology instructor
Jeanette Fisher.
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