Your family is growing and you are feeling cluttered in the home you are in now. Maybe, you have plans of expanding the family and you just don’t see how all of you can squeeze into what seems like a tiny box. If this is currently your situation, you have probably stumbled upon the question on whether it is time to add on or move out. And hey, many of us have had to make that decision prior so you are definitely not alone.

Majority of people move around 7 to 8 times in their life time, but before making the big decision of moving you might want to consider the re sale price or value of the home you are in now. Commit to some research before you make any drastic choice. There are many factors you need to weigh in, including up to date market data, and what option benefits you the most.

When you decide to add onto the home, you are potentially increasing the value of the home, and seeing the investment if and when you look to sell in future years. If you have a hard time leaving the home you have already built so many fond memories in, additions are definitely a choice that you ought to consider, especially since moving out isn’t drastically cheaper than adding onto a property. When moving out you are looking at ne furniture, hiring assistance, return address labels, and much more. How much have you invested in your home already? If you have already spend so much money on improvements, renovations, and are emotionally invested should you really move out?

Consider the location of the property, is it near your children’s school, your work, does it benefit you to move away?

Adding on or moving out is definitely a tough decision- take your time as it is one of the most important decision you will ever make.