Are you a work-from-home couple with a growing family? Do you find yourselves running out of space in your current home and wondering if it’s time to upgrade or move altogether? The decision to love your current home or to list it and find a new one can be a tough one, but it’s also an exciting opportunity to create a space that perfectly fits your evolving needs. In this blog post, we’ll explore some key factors to consider when deciding whether to upgrade or move, and offer some tips for making the most of whichever option you choose.
Should Work-From-Home Couple Upgrade or Move to House Growing Family | Love It or List It | HGTV
Working from home has become increasingly popular over the years, and recent events have only accelerated that trend. For couples who work from home, finding a house that fits their professional needs and accommodates their family can be a tough decision.
Enter “Love It or List It” on HGTV, where homeowners are faced with the decision of whether to renovate or sell their house. The show follows realtor David Visentin and designer Hilary Farr as they compete to convince homeowners to stay or go. David targets listings to buyers, while Hilary aims to transform the house within budget. Her work adds resale value, should the owners decide to list it.
As work-from-home couples consider whether to upgrade or move their house, this show can offer inspiration and ideas for home renovation. In this article, we’ll dive into the tough decision of whether to upgrade or move when accommodating a growing family while working from home.
Renovating or Selling: The Dilemma
When it comes to accommodating a growing family while working from home, there are two options: renovating or selling. Renovating your current house can allow you to customize it according to your specific needs. Adding an office space or extra room can be a cost-effective way to make your current house more suitable.
On the other hand, selling your current house and moving to a new one can give you more space and a fresh start. Moving can also be an opportunity to build your dream house or design one that perfectly suits your professional and family needs.
Love It or List It
In “Love It or List It,” homeowners face this exact decision. Hilary Farr transforms their house, adding modern touches and upgrades to accommodate their needs. Her work adds resale value if they decide to list it.
However, David Visentin presents the homeowners with listings that fit their desired characteristics, such as having an office space or larger square footage. He offers a fresh start and potential for building their dream house.
Watching how homeowners weigh these options can give work-from-home couples ideas on how to approach their own decision.
Pros and Cons of Renovating
Before deciding to move, some homeowners choose to renovate their house to better accommodate their growing family. Here are some pros and cons to consider:
- Cost-effectiveness: Renovating your current house can be a more cost-effective solution than moving.
- Customizable: Renovating allows you to design the house according to your specific needs.
- Familiarity: Staying in your current house can offer the comfort and familiarity of a familiar space.
- Inconvenience: Renovations can be disruptive to your daily life, especially if they require major construction.
- Budget constraints: Renovating can quickly add up in cost if unforeseen issues arise or if you want to add high-end features.
- Resale value: Renovations may not always add resale value, making it difficult to recoup costs if you decide to sell later.
Pros and Cons of Moving
Moving to a new house can offer a fresh start and more space to accommodate a growing family. Here are some pros and cons to consider:
- Room to grow: Moving to a larger house can offer more space to accommodate a growing family or dedicated office space.
- Customizable: Moving to a new house can allow you to design and create a unique and custom space that better fits your professional and family needs.
- High potential resell value: Newer homes and those with more square footage or extra amenities tend to command higher resale value.
- Cost: Moving incurs several costs such as packing, moving and selling of your old home.
- Stressful: Moving can be stressful, especially with the added pressure of a growing family and working from home.
- Unknown new neighborhood: Moving to a new neighborhood means new schools, streets, and neighbors. It may take time to adjust, especially if there is a new routine to establish for the family.
“Love It or List It” showcases homeowners making the difficult decision of renovating or selling their house. For those considering how to accommodate a growing family while working from home, renovating or moving may be the right solution.
Renovating can offer a cost-effective and customizable solution, while moving can provide a fresh start and more space to grow. Ultimately, the decision is a personal one, and homeowners must weigh the pros and cons of each option to find the right fit.
5 Unique FAQs After The Conclusion
- Are there tax benefits to renovating or moving to accommodate for a home office?
- Can renovations actually add value to a home?
- What should we look for when house hunting for a home office?
- What is the typical timeline for renovations compared to moving?
- How should we adjust to working in an unfamiliar space after moving to a new house?