Are You Better Off Remodeling Or Relocating? Consider These Points Before Deciding.
As a homeowner, you want to be able to look around and say: “Ah, what a wonderful place, perfect in every sense!”
Well, that’s not always the case. The reality for many people when they look around is seeing their home’s deficiencies or limitations, such as not enough storage or space, or an outdated design.
Knowing you need more space or a new layout is easy, the challenge is how best to achieve it.
The question to ponder is – should you move into a bigger or newer home, or remodel your current home?
Both relocating and remodeling could help you accomplish your goals, and there are so many things to consider as you weigh the pros and cons of each option.
Here are some useful questions to answer that will help you reach a decision, be it to remodel or to move:
- What’s your budget?
The numbers will tell the story of what’s financially feasible, as both options require a budget.
Remodeling can be a great investment and save you the financial and technical hassle of moving. Depending on the scope of what you’d like done, it’s a good idea to have a trusted contractor give you and estimate, so you know what to expect.
Buying a new home can be exciting and instantly gratifying, as long as it’s comfortably within your budget. Know the cost of transactions, as selling a home and buying another typically involves the payment of agent commissions, plus the moving fees.
- Would your needs change in the near future?
Do you have a growing family? Or, are your kids going off to college in a few years?
Think about all the factors that can significantly impact your future needs for a home, as it may determine if your current space is fitting, and just needs updating, or if you’ll need to larger or smaller space down the road.
- Is your home conducive to a remodel?
If you want to change the layout of your home but have limited options to alter it the way you need, such as walls that can’t be moved or removed, or space constraints not allowing for an addition, relocating may be your better option.
Also, consider any zoning restrictions that would affect the remodel, as laws and regulations vary widely by area. Make sure you check with your local zoning office and get a copy of your local ordinance.
- How’s your current neighborhood?
Do you like your current neighborhood, and would miss the people, community, and familiarity?
Consider proximity to work, the school district, parks and shopping centers, and the overall look and feel of the neighborhood when deciding to stay in the area or move.
- Taxes considerations
Remodeling your current home or moving to a new home will also impact your property taxes, and it’s good to keep that in mind.
The answers to these questions will be different for everyone, so carefully consider each one based on your unique situation. Choosing correctly can ensure years of good living for you and your family.
We hope these questions provided a good insight to help you plan your home improvement projects.
To remodel or to relocate – which one will prove to be the right decision for you?
If you decided to revamp your existing home, think about what the project involves – is this something you can tackle, or do you need a professional for a home improvement service?
Not everyone is handy, plus some jobs are simply too big to handle, and you’ll need the necessary equipment, expertise and resources to get the job done right the first time.
If you want to enhance the look, feel and value of your property by remodeling existing rooms or adding on to the existing layout, rely on Home One – quality home improvement services in Lancaster, PA to make your home more beautiful, comfortable, and efficient.
Call us today for a Free In-Home Consultation in our primary service area and free phone consultation/estimate in our secondary service area: 717.581.347.
