New Year – New Home….Renovate or reorganize?
Marci • February 6, 2012
Is there enough room in this house?
While Christmas is now a distant memory, quite often the act of trying to store the decorations or find the perfect spot for that Boxing Day purchase, leads to the question:
– How do I make all this stuff fit? –
Let’s pretend that over the holiday season, you bought a rolling island you love, but don’t have a “place” for in the kitchen; plus you also decided to go with an artificial tree, but there is no room to store it in the garage.
Certainly, you could buy a home with a larger kitchen and more storage, or you could renovate, possibly adding on; then there is the third thought that reorganizing could open up the room you need.
Start by assessing your situation. Do you love your house? The neighbourhood? Other than the kitchen and storage, doe the house meet your needs?
If you answered no to these questions, it’s time to do a financial review to see what the implications of moving to a different house will be. Will the current market work in your favour or will you need to adapt to a larger mortgage? I can help you assess your options in terms of moving up.
If the pots stopped fitting in the cupboard a year ago, the floor is peeling up and you have to bang the stove fan to make it work, it isn’t just about that new island you bought – it’s about the kitchen as a whole. If you love your home, but have been feeling cramped or in need of a change, a renovation may be the answer. Consider if the major disruption is something you can handle – it isn’t for everyone.
I can help with a HELOC or other refinancing options to make a renovation possible if this is the right choice. Learn more about HELOC
products here.
If it is just storing the artificial tree and the island that are causing issues, you may be able to reorganize to find the space you need. I can recommend some great organizing professionals and home stagers to look at the space you have.
You need to look at the reality of the situation, the financial and emotional aspects as well as the short and long term benefits to determine the best way to find the space you need. Let me know if I can help.
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