Immigrants change houses

The current economic instability makes it difficult for us to predict the future development trend of the housing market. The housing market has changed through many factors, such as bank interest rate, the stability of the number of immigrants, unemployment rate and so on. Changing houses and renovating old houses can be done.

Their respective advantages and disadvantages and various pressures. So before we make this big decision, the first thing to consider is to ask ourselves what we really want and where we want to live. Then decide whether to change rooms or decorate.

If you consider changing houses, generally speaking, you can consider them from three important aspects: financial factors, non-financial factors and resale value.

In terms of funds

The cost of house exchange is about 10% of the existing value of the house, mainly including land transfer tax, commission, lawyer's fee, moving fee, etc. If this cost is compared with the decoration cost, if the decoration cost is high, then choose to change rooms.

Non-financial factors

The house is not only related to its own value,

It is also related to the potential pressure and changes brought by non-financial factors. Think about the problems you will encounter when you change rooms with your family. For example, we should re-adapt to the new community life and find new community services. If you have children, you should also consider the psychological changes and influences brought by children going to a new school, getting familiar with the new environment and meeting new friends.

Resale value of the house

Real estate is one of the biggest investments in life.

Therefore, the resale price of the house is always the most important consideration. Now the real estate market is steadily improving, and changing houses is also a good investment direction. But remember the golden rule-location, location, location!

If you like your neighborhood very much, you can't find a better place for the time being. Decoration is a reasonable choice, and it will also improve the value of the house itself. If you decide to decorate, you must know where the money is spent and why.

Flowers. Many renovation projects will greatly increase the value and market competitiveness of the property. For example, renovating the kitchen and bathroom may bring you a return of more than 100%. Decorate the deck in the basement, living room or backyard,

You will receive a return of about 60%. Landscaping before and after the house can get a 25% return.

In short, the best answer is whether to change rooms or decorate existing properties, which varies from person to person. Both sides have their own advantages and disadvantages, and at the same time, they should consider the influence of their own factors and external conditions. Know yourself and yourself.