There are essentially two options if you want to enhance your living experience: you can either renovate the house you currently live in or you can move out and buy an entirely new house. Here at Varli Building, we specialise in home renovations on the Gold Coast that can completely transform your house.
While moving to a new place certainly has its advantages, there are many benefits to renovating a house instead.
Savings
One of the main benefits of choosing the renovation route is cost savings. Renovating a house is significantly less expensive than purchasing a brand new one. This is particularly true if your house is in a desirable area, such as the Gold Coast. Purchasing a new house can come with a large number of hidden expenses such as stamp duty and other transfer costs, that can make it an even more expensive endeavour than you originally thought when checking out the listing.
Moreover, when renovating your house, you will not have to pay the inflated price that inevitably comes with new properties. Your original investment from years ago remains unchanged and has only grown more valuable with time. You will only have to pay for the renovation itself.
Familiarity
Another advantage of renovating is the preservation of familiarity. Renovating a house ensures that you get to keep the familiar house that you have grown to love. Moving into a new house can be unsettling, as it involves many changes that you will have to get used to.
This could include things such as having to relocate pets, getting to know new neighbours, finding new schools or routes to work and identifying new shops to frequent, among other things.
By renovating your house instead of buying a new one, you can retain all the conveniences of your original house while still enjoying the feeling of living in something new and enhanced.
Sentimentality
Retaining sentimental value is also important. The sentimental value of a home cannot be understated. In many cases, homes are where lives are built, relationships are forged and families are grown. Moving out of a home means losing all the memories and sentimental attachments that you might have to that particular property. Renovating the house instead allows you to preserve the things that hold sentimental value while still creating a home that feels new and modern.
Value
Renovating a house can significantly drive up its selling price, increasing your investment potential. When you eventually want to move or sell the property, the value can be significantly increased if the renovations were well planned and well executed, with increased property valuation in mind.
Renovations can also help uncover potential problems that you may not even have known about, providing you with the opportunity to fix them and enhance the appeal.
Customisation
Lastly, customisation is a key advantage of renovating a house. Renovation allows you to transform aspects of your property just the way you like them. Purchasing a new house often means settling for things you don’t want or features that you don’t find desirable or useful. In many cases, new houses require some degree of renovation anyway.
Therefore, renovating your property as it stands is the better choice, as it allows you to have the home you desire at a much lower price.
For all your Gold Coast house renovation needs, contact us at Varli Building today! Our expert team will ensure that your house looks like a new creation.