Getting a new house is exciting, but renovating an old one is exhilarating. If you’re looking to make some changes, it’s natural to question whether moving or remodeling your home is the best option. While some consider moving, 45% of those not joining the bandwagon say they are or will consider remodeling or upgrading their homes this year. When weighing whether to move or remodel, there are a few considerations you need to keep in mind.
First, consider what you would like to change in your current home. If you want a new coat of paint and some flooring, hiring a remodeling company could be much easier and cheaper than adding another bedroom to your house.
Length of Stay
Consider how long you plan on staying in your current home. If you plan to move in less than three years, investing so much money in a remodel might not make sense.
Duration of Project
You may have to consider how long the remodeling company will take and the project’s impact on your daily life. Do you have extra space where you can live while contractors are working? Or has a renovation project been on your mind for a while now?
Consider the Pros and Cons
Moving is one thing, and packing up all your belongings and transporting them somewhere else means finding a new neighborhood, a new school district for the kids, a grocery store, favorite restaurants, a movie theater, doctor’s offices, and more. If you have already spent time putting roots in your community and building relationships with friends, moving will mean saying goodbye to those connections for now.
Now’s the time to get on board with a remodeling company if you plan to upgrade or remodel your home this year. We can discuss how we can help turn your old space into something new to your liking.
Whether to move or remodel is personal, and there are no hard and fast rules determining which is best. While some people prefer to stay in a house they love, even when it doesn’t meet their design preferences, others move at the slightest inconvenience. Still, others choose to renovate with a remodeling company instead of relocating because of ties to their neighborhood, schools, commute, family, or friends.