Feature article
Should you renovate or relocate?
How to decide what’s next for your home
Last updated: 21 July 2025
AI summary
Deciding whether to renovate or relocate? Start by assessing your home equity, which can fund your next move. This could pay for a renovation, with 2025 mid-range estimates around $20k-$35k for a bathroom and $25k-$45k for a kitchen.
Alternatively, selling offers a "clean slate" and avoids renovation stress. Relocating allows you to find a home and location that better suits your current lifestyle. Weigh your attachment to your neighbourhood against the benefits of a fresh start.
Tapping into your equity
What do renovations cost in 2025?
The upside of starting fresh
What works for you and what doesn’t?
If the perfect home pops up, don’t hesitate
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