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? This guide, inspired by Love It or List It NZ, helps you choose. Start by calculating your usable home equity (your home's value minus your mortgage and a 20% buffer), which can fund a renovation or serve as a deposit for a new home.
Renovating can be costly, with mid-range kitchens estimated at $25k-$45k. Alternatively, relocating offers a "clean slate" and a home that better fits your current lifestyle, avoiding renovation stress.
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
Follow the journey
Catch Love It or List It NZ, Sundays 7:30pm on TVNZ 1 and TVNZ+ to get inspired.
Watch now! 
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