Should You Remodel or Is It Time To Move?February 13, 2023 12:00 am Leave your thoughts
So, you’ve got that itch for a change, or maybe you need more space or a different layout in your home to meet your needs. Either way, you’ve found yourself deciding between remodeling your home or moving to a new home. These are really important questions to consider because the choice you make can have a huge impact on your life. There are a lot of factors that must be considered. This quick guide will help you start to navigate this important decision.
Even if it feels like your home is no longer effectively meeting your needs, you still have to ask yourself what the level of emotional attachment is. For many families, a particular home is their heart, and they do not want to leave. If this describes you, you might consider simply remodeling the home to better suit your needs and season.
Moving can be traumatic for families leaving a home they truly loved. Even though remodeling might sound like a lot of work, in the long run, it can be worth it if you prioritize staying in the home.
Money is an issue for most people. Deciding if you should remodel or just move will take some hard, honest looks at the money situation. Moving is expensive, but so is remodeling. When considering the costs of each option, be sure to consider also some of the little expenses that often get overlooked. If you move, will your new home place your farther or closer to work and other locations you must frequent? This can have a big effect on a budget over time. Are you thinking of moving to an area with a higher standard of living where fuel, food, and other necessities will cost more or less?
If you are considering remodeling, think about how much would need to be done to make the house meet your needs properly. Compare remodeling estimates with moving estimates. The cost of building materials fluctuates regularly. You need to get some hard numbers from contractors in your area to compare with how much you might actually spend on moving to a different house entirely.
Money is not the only thing that goes into a move or a remodel. You will also need to consider how much time each option might take. Would you need to take any time off work? How much might a remodel eat into the functionality of your day-to-day life?
Which will fit better into your life’s obligations right now, a move or a remodel?
Something as big as a move or a remodel cannot be taken lightly. This choice will affect your family on many different levels, not just financially. Be sure to give this choice lots of careful thought and planning.
Categorised in: Home Remodeling
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