To Sell or Not to Sell: Renovations and Relocation Dilemma

You’ve outgrown your current home but are unsure whether to refurbish or sell. You’re thinking about a lot of things, and you’re not sure which ones are ideal for you. Perhaps you enjoy your home, but it has grown too small for your large family. Perhaps you want to buy a new house, but you have wonderful neighbors whom you would not trade for anything. Or perhaps you’d like to relocate but are unsure if the financials are in order. Whatever your circumstances, chances are you’ve outgrown your current residence, and something needs to be done. So, here’s a list of things to think about to help you make the best selection.

Examine the Current State of Your Home

Before you decide whether to sell my house fast Fair Oaks, CA or renovate it, you must first examine its current state. If your home requires extensive repairs or improvements, selling and relocating may be more cost-effective. On the other hand, a remodel may be a better alternative if your property is structurally sound but needs cosmetic changes. It also depends on the amount of accessible space you have. 

If your home can be enlarged and doing so would solve your problems with the property, staying might make more sense. Depending on the amount of work required and the related costs, it may be more financially prudent for you to extend, resolve your present space problem, and add value to your property. However, property extensions are rarely simple. If there are no viable options for you to extend, or if doing so would become increasingly difficult, moving is most certainly the best alternative. 

Of course, you won’t know until you check property prices in the area where you want to relocate and/or get a cost estimate for your expansion.

Establish Your Budget

Your budget is important when choosing whether to sell my house fast Sacramento or renovate it. If you are on a tight budget, a refurbishment may be the better alternative. However, if you have big equity in your home or can afford a larger budget, selling and buying a new home may be the best alternative. This depends on the scope of the renovation and the current market worth of your home compared to others that would better fit your needs.

You should also consider that most renovations boost the property’s value; thus, doing so may improve your circumstances in the long run if you choose to sell. According to HomeAdvisor, the cost of home renovations in 2022 can range between $17,942-$78,263 for an average of $48,002 — though, of course, there’s enormous variation, depending on what you’re doing and how you’re doing it (DIY vs a professional contractor). For example, remodeling a bathroom typically costs anywhere from $3,000 to $25,000. Upgrading your kitchen may cost anywhere from $5,000 to $65,000. (1) 

Determine Your Long-Term Objectives

Another thing to think about is your long-term objectives. Perhaps you need to downsize since your children have left the nest, or perhaps you require a larger space because your family is expanding. You may require something with better accessibility in the future. If you’re content with your current location, a remodel may be a better option. 

But when it comes to reducing available space and freeing up funds, selling to cash home buyers in Sacramento is the way to go.

Investigate the State of the Housing Market

This one is self-evident, but the situation of the property market will and should have an impact on your selection. It may be a good time to sell to we buy houses Sacramento companies if the property market is strong and homes are selling quickly. In contrast, if the property market is stagnant and homes are lying on the market for extended periods, it may be beneficial to delay selling and instead invest in a refurbishment.

Make a List of Your Pros and Cons

Where you live and how your home influences your life are extremely personal matters, and there could be a slew of reasons why your home is ideal for you but not for someone else. As a result, it’s critical to consider what works and what doesn’t in your home. Make a list of the advantages and negatives that you identify with your home to help you decide. Consider the distance from family and friends, closeness to local facilities such as stores and restaurants, local transportation links, parking space if you drive, outdoor space linked to the house, and so on. 



If your current property checks all of your boxes, a renovation is unquestionably the best option. If, on the other hand, your current property lacks certain amenities, it may be time to list.

Pros of Selling to Cash Home Buyers

Closing Time is Reduced

When you place your house on the market and go the traditional method, selling usually takes six to nine months. Simply put, selling your property is a time-consuming, intricate process that involves a lot of paperwork and decisions. Accepting a cash offer from a we buy houses Fair Oaks company greatly speeds up the closing process, resulting in a faster overall transaction. What is the most significant difference here? 

Cash offers eliminate the need for mortgage applications and inspections, guaranteeing a more direct path between contract signing and title transfer to the buyer. Furthermore, there is no fear of becoming bogged down by lenders’ lengthy processing times or denials; this is one less worry for you as you prepare for the next chapter of your life.

Less danger

If you want to sell a house, accepting a cash offer from a we buy houses in Fair Oaks company may be less dangerous than listing your home for sale the regular way. It eliminates the need to wait for a buyer because cash offers are often faster to close. This provides you with greater peace of mind. Furthermore, with cash offers in place, you don’t have to worry about satisfying particular standards or profit management plans that loan programs require.

That’s a big plus if you want to avoid problems as a seller. Accepting a monetary offer, on the other hand, ensures less danger and less headache. It’s a win-win situation for everyone.