It's a wwyd. It's not thrilling but advice gratefully received! We're in a mid terrace ex council house in the centre of a small market town. House has got enough rooms for us. However, we ideally need to change the configuration to better suit our needs. We've got options depending what we go for, spending £10k to £25k. We would probably add this on our mortgage. This work would not add any value to the property. If we spend the max we could then stay here quite happily 5-10yrs, maybe more. If we spend the min then we'd be fine for quite a few years but I think we'd ultimately want to move. Really we'd like more space around us and a greener feel. The thing is to do a decent step up for a semi or detached with a decent garden in a good spot, you're looking at a lot more, £200k more than our house. Anything in between you pay more money for a smaller house but in a nicer area, and I think we'd struggle with space. So we're really torn between getting our house how we'd like it and trying to stay as long as possible, and spending the min to preserve our equity. One day I think we'll never be able to afford that jump so we should spend to stay, irrespective of adding value. The next day I think I don't want to stay here, I want more green space, let's spend the min and save. We're just hitting 40 now if that's relevant. Wwyd?
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