How to renew your love for your home

Do you love your home? As a home owner, one of the most important parts of homeownership is feeling happy with your living situation. However, sometimes home owners go through phases of dissatisfaction towards their property. If you’re trying to renew the love for your home, you can start by considering the following options!

Complete renovation projects 

Sometimes, we start to feel a little unsatisfied with our homes if they are outdated and worn. If you haven’t completed any upgrades since moving in, your house could be looking a little dull right now. If your feelings towards your home are due to surface-level factors such as aesthetics and decor, some simple renovations could be the perfect solution. The right renovations can make your house feel new again, renewing your love for your home as you rediscover its appeal. This doesn’t mean you have to knock down your walls and tear everything apart! Often, a few well-chosen upgrades do the trick. Our favourites include updating your kitchen and bathrooms, which are both high-traffic areas. You can also give your surrounding property a lift with a freshly painted front door, repaved driveway, and neat gardens. It’s amazing to see how much of a difference these changes can make, and how it can renew your love for your home. 

Before you get started, make sure you carefully consider what improvements you wish to make. Renovations can be costly, so it’s important to know exactly what you want to change, or keep, ahead of time. Otherwise, the bills can get out of hand! 

Consider a refinance 

Can you renew your love for your home through a refinance? As our mortgage needs change, our mortgage product might need to change as well. If you are living with a product that no longer suits you, it can make you feel a bit unsatisfied with your homeownership experience. This is where a refinance comes in! Refinancing your mortgage allows you to adjust your mortgage terms in a way that matches your needs better. People sometimes refinance to access equity for renovations, to change their amortization schedule, or to move between a fixed and variable-rate product, for example. Securing a mortgage that meets your needs and aligns with your situation can help you love your home more. Before you refinance, you should speak to a broker to ensure this is the right strategy for you, which we will discuss below. 

Think about your current needs

Sometimes, our home simply isn’t the right match for us anymore. This goes beyond renovations and mortgage refinances. Perhaps your family is growing and you are running out of room in your home. Maybe you need access to amenities and transportation that you can’t get in your current spot. There may come a time when your house doesn’t serve your needs, and it’s time for a change. If this is the case, you should start thinking about what your current needs are. If you are considering buying a new house, you will want to know what it is you’re looking for! This will help ensure your new property is one you can love long-term. 

Contact a mortgage broker 

In any of the situations we discussed, a mortgage broker should be a huge part of your decisions and journey. If you think a refinance might be right for you, we can help you determine if this is the case. We will work out how much you can save versus how much you will spend on a refinance to ensure it is worthwhile. If you need to consider debt consolidation, we can discuss your options, and guide you towards the best lenders. If you are looking to buy a new home, your broker will be with you from start to finish. We can help you find the right real estate agent, lender, and mortgage product, and calculate your budget and purchasing power. 

However you choose to renew your love for your home, your first step should be to get in touch with a broker. We are committed to helping our clients love their mortgage and property, and feel confident in their market decisions.

If you have any questions about your mortgage, get in touch with us at Clinton Wilkins Mortgage Team! You can call us at (902) 482-2770 or contact us here.