Monday, 27 October 2014

Should I stay or should I go? Deciding whether to relocate or remodel

Deciding whether to stay in your current home or look for a new one is tough. So tough, in fact, that there is a reality TV show about it! If you’re struggling to make that decision, here are some tips that can help:

• Find out the current market value of your home. This will give you a clear idea of how much your property is likely to sell for in today’s market.
• Find out how much you can afford to invest in a new home. This is calculated, in part, by how much of a mortgage you qualify to receive.
• Determine whether your current home still suits your needs. Do you need to move up to a larger place? Downsize to a smaller property?
• Figure out whether this is the right time to move to a neighbourhood that you’ve always dreamed of living in.
• Assess whether your neighbourhood has changed in a way that you don’t like.
• Decide whether you are still happy where you live. Is it time for a change?

A good REALTOR® can help you answer these questions and provide the information you need to make the right decision. Call me today so see what your best strategy is for getting the most amount of money for your much loved home.

Take care,
Paula Mitchell
905.454.8900

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