Is Renovation Better Than Relocation?

Therefore, in such cases, shifting a house is perhaps a good option as remodeling a house has its own limitations. And, relocation is arguably better than renovation when it comes to financial matters. In today’s date remodeling a house can also make a big hole in your pocket.

Is it the house, your actual reason?

It is true that home renovation can give your house a fresh new look but it cannot bring about much changes. For example, if you want to make some changes in the floor plan, through renovation you can alter a bit but the chances are very less. The placement of bathrooms and sinks cannot be changed and if you want to change it, it may cost you huge amount. Moreover, there are houses where there is restriction in altering already approved plans, so to make any changes, new permissions needed from the housing society or the local building authorities, which in term a tedious and time consuming process. To avoid all such hassles, shifting to a new house is probably a better option both in terms of time and money.

Also Read: Wealthy Indians Prefer to Buy Home Overseas