Ultimately, it is a personal choice, however it is up to us as Estate Agents, who are commercially aware, to advise clients based on understanding their reasons for moving. Your agent should ask you what your motivation is for deciding between upsizing and selling or extending and not moving at all.
An exceptional agency delivers a fair and honest valuation service and will give you both sides of the coin. How Rochills address these type of valuations are by providing the client with information on the cost of property’s should they decide to sell and upsize. Followed by how much they can expect to pay for extending and adding the space they need and, most importantly, whether they will exceed their road’s ceiling price or not.
What you do not want to do, is find that you have unbalanced your property and exceeded the ceiling price for your road. The risk here is struggling to sell for the property’s new value with the additional space not being in keeping with other properties in your immediate locality. Ensure you have asked your agent for impartial advice on selling or extending and make sure you do your research.
For more advice, join our Walton Property Community Group or call Marcel on 01932 22 21 20 or email [email protected]