You need a change! Should you move? Should you renovate?
Money and your affordability will be the deciding factor!
Moving costs money! Commission, transfer fees, decorating to your taste all costs money. These are just a few of the costs involved and the hidden costs can go on and on and on. How does all this relate to your bank account?
When money is a stumbling block why not consider re-decorating or a small renovation? Keeping everything within your budget of course. Finishing off the basement or putting in a new bathroom or kitchen improves on what is there now and gives you more livable space. Once all is done you should get that new home feeling without actually getting a new home.
Small additions can go a long way on improving your living conditions. A large renovation may not make financial sense. The final cost can be huge! The neighborhood may not support the money you have put into it. In this situation moving may make more sense.
There is much that has to be considered first. How much money will I need?
Is this neighborhood worth putting all this money into it? Will I be house poor?
Will I be bankrupt?
These are all serious things to consider! I have had some experience with this, I can help!