Investor 2 Investor Series #3 - Should you Renovate or Relocate?

Welcome back to Investor 2 Investor, where real estate pros share the unfiltered insights you need to navigate the market with confidence. Whether you’re diving in for the first time or refining your investment approach, this series is packed with pro-level advice to keep you a step ahead.

 

Founder and CEO of Home Purchasing Pros, Allan DeGuzman's insights were recently featured in Realtor.com in their article Should You Renovate or Relocate?. "This topic is near and dear to me because I faced this very decision firsthand—and it’s one that many homeowners grapple with every year."

 

Why This Topic Matters

Deciding whether to renovate or relocate is about more than just numbers. It’s about lifestyle, family needs, and future plans. In my experience, there’s no one-size-fits-all solution—it’s all about finding what’s right for you and your home.

In the article, I shared how my own family went from a cozy condo to a spacious home in South Jersey. For us, relocating offered the extra space, backyard, and dedicated office we couldn’t achieve through renovation alone.

 

Key Takeaways From the Article

When to Renovate: Renovation works best when you love your location and your home has good bones. Updates like adding rooms, modernizing kitchens, or upgrading insulation can breathe new life into your space.

When to Relocate: Sometimes, no amount of renovation can solve space issues, improve schools, or get you closer to work. Relocation might be the better choice if your current home simply doesn’t meet your needs anymore.

Making the Decision: In the article, I explained that homeowners should start with a list of must-haves—then assess whether those can be achieved by renovating or if moving is the only option. For us, moving allowed us to plan for the future and accommodate our growing family in ways renovation couldn’t.

 

Check Out the Full Feature

Want to know more about whether you should renovate or relocate? Read the full article here: Should You Renovate or Relocate? I’m honored to share my story and expertise with Realtor.com’s audience and hope it helps others navigate this big decision.

 

Final Thoughts

At Home Purchasing Pros, we’re here to help homeowners take the next step—whether it’s selling, upgrading, or finding a fresh start. This feature is a reminder that no matter the choice, your home should always work for you, not the other way around.

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