Improve or move?

Magin Miami Real estate 2017

Improve or move?

Unless you built a custom home, you probably have a long list of things you’d like to improve in your current home. Browsing online listings might get you in the mood to upgrade to a new home, or you might be thinking about renovating your current home after binging on HGTV. The answer to renovation vs. relocation depends greatly on what you’re trying to fix.

Magin Miami Real Estate 2017Thinking about a new kitchen? If you’re dreaming of a chef’s kitchen with new appliances and beautiful cabinets, renovating your own kitchen gives you incredible ROI and is less costly than moving. You’ll increase the value of your own home if you ever decide to sell, and there’s a great sense of accomplishment that comes with completing a custom renovation.

Need more space? If you’re running low on bedrooms, there may not be a lot of options. Converting an existing room to a bedroom doesn’t create any new space. If you’re in a condo, an addition is probably impossible. And additions can be expensive even if it’s a possibility. Moving is usually the best option.

If the neighborhood isn’t ideal You may have seen some potential for your neighborhood when you first moved there, but perhaps it still isn’t welcoming the shops and restaurants you expected. If that’s the case, consider moving. There’s no sense in waiting years for the neighborhood to improve, especially if you can move to a house in the same price range in a more preferred part of the city.

Source: breakthroughbroker.com
Image Credit: istockphoto.com

Check out available condominium units and homes in Miami. Contact Ralph Magin, your trusted real estate agent, at 305-935-2696 or visit www.ralphmagin.com for real estate inquiries.

Ralph Magin, GRI, CRB – Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com www.RalphMagin.com

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About ralphmagin

Ralph Magin, GRI, CRB - Coldwell Banker Residential Real Estate - Broker Associate – 35 Years Experience - GRI - Graduate Realtors Institute - CRS - Certified Residential Broker - B.A. University of Florida - Nationally Ranked Tennis Player
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