There are many reasons you might decide to renovate rather than build a new home:
No selling or moving costs
If you stay put rather than move elsewhere, you'll save money on stamp duty, removalists, conveyancing and legal fees, real estate agent’s commission and advertising.
Add value to your home
Any renovations you do should increase the value of your home, as long as you don’t overcapitalise.
Location, location, location!
If you love the area you live in but aren’t happy with certain aspects of your home, renovating is an ideal option.
No need to find land
You won’t need to source a new block of land… or spend money buying it!
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