Introduction
Renovating may be a more practical and cost-efficient solution than moving given these basic conditions:
- you like where you live and plan to stay there for a while
- the services and facilities of the community meet your needs
- your home lends itself to improvement
The reasons for renovating are as varied as the individuals who undertake it, but changing lifestyles are often at the heart of renovation projects.
As personal circumstances change, many people find that their living requirements also change. The birth of a second or third child may call for an additional bedroom in the short-term and, in later years, an extra bathroom. Or, the long-term care of an aging parent or relative may dictate a small, semi-detached in-law suite, so that you can still be close by while allowing your loved ones their independence.
And as people plan for retirement, they may consider adding a cozy sunroom for their leisure time, or converting a portion of their larger home to a small apartment to generate additional income.
In some instances, modifications may have to be made to accommodate disabilities or infirmities, or to help create a safer home with more convenient access for later years.
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