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 weigh your options. Your home equity—the difference between your home's value and mortgage—is a key asset that can fund either path.
Renovating lets you stay in a location you love. A mid-range kitchen or bathroom renovation in 2025 typically costs between $20,000 and $45,000.
Alternatively, relocating offers a clean slate, avoiding renovation stress and letting you find a home that perfectly fits your current needs.
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
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