Anyone want to play a game with me? New Kitchen or move house?

[Flossiecotton]

The costs of our new kitchen are spiralling. DH is thinking that it might be cheaper to move.

Our house is mortgage free and worth about £400,000. The new house £480,000.

If any one has bought and sold a similar prices, would you will be willing to break down costs or just an overall figure.

Sols fees, taxes, stamp duty, moving costs, etc, but not new furnishings.

It's also a consideration of disruption which is very personal.

For me, I would happily pay ££££££££ to avoid living in a building site for months and the stress of moving wouldn't phase me.

Whereas others find the logistics of buying and selling torturous and would be happier in a building site for months.

We once re-did a kitchen.

I swore afterwards I would never live in a house that had building work happening. (We reconfigured the downstairs as well).

Is it literally just a kitchen?

To change a kitchen isn’t a crazy amount and doesn’t take that long if its a straight swap. Are you doing building work or just a replacement? If its just a replacement do that, a move would cost waaay more.

1.5% estate agent fee 6k
Stamp duty 11.5k
Soliciter say around 1k
Moving costs another 1k
Survey costs
5-10k additional expenses - that carpet or curtains and such sharp mount up

A years worth of hassle with a 30% chance of a sale failing

Kitchen - move out for a couple of weeks and include budget for a full home clean and sone painting ?

@midgetastic nicely demonstrating that's it's not a one size fits all answer

If your new kitchen is knocking on £80+ grand then I'm guessing there's significant building work in that?

Don’t forget once you move in somewhere all the paint work that looked fine with someone else’s stuff will look aged then you’ll want to repaint…potentially new bathroom.

Is it a new kitchen or extension/knocking through?

I've lived through a kitchen installation when I was in my late teens and still at my parents place, it wasn't too bad and shouldn't be as pricey as moving house. We've just moved and had a new kitchen quoted for the new house and the move was definitely pricier!

If you're extending, I would give more aof a think as materials/trades are so expensive and you may not realise the cost back if you needed to sell in the short-medium term.

I've done both and would do neither again if I have a choice!

Moving was worse for me because it takes so long and is so much out of your control

Moving house could take you a year and the amount of variables and unforeseen costs is infinite.

It would DEFINITELY cost you more than a new kitchen, and you might get in and discover you need a new kitchen anyway.