As a homeowner, whose needs like everyone else's are evolving over time, deciding whether to move to a new home or to improve your current one is a bit of an existential question, in that it's only one that you as the homeowners can answer.
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That's because only you - whether you're a single, a couple or a family - know what you need both now and into the future. You also know what you have the means to purchase, the means and wherewithal to buy or do, and how far into debt you're willing to go to get what you truly want.
READ MOVE OR IMPROVE 2022 HERE
You have loads of options to consider though. When it comes to moving, you can go for anything from an apartment to a house with a yard or even a regional property for that matter.
Apartments around Canberra can be spectacular too, and there's no shortage of brand new developments going up so supply, and choice of lifestyle, is ample at the moment as well.
The ACT also has a distinct mix of eras when it comes to housing, with plenty of choice available in that regard as well. There are entire new estates going up, and a large variety of existing homes for sale.
But what if you really like your address and you think you can fix your current home to suit your needs and match your tastes when it comes to style? You have options there too. With the right help you can do anything from changing the tap handles to investigating whether that wall is structural. The only real limit is what you're willing to spend.
Whatever you think you should do though, be sure to do your sums. Account for all the costs involved whether you're buying off the plan, buying an existing home, or committing to a renovation project. And be realistic about those costs, because it's the only way to make a useful and meaningful comparison between your various options.