Should You Move or Remodel?
Deciding whether to move or remodel can be difficult, and ultimately it depends on your individual circumstances and priorities. In this week’s blog we are going to go over a few things you should think about and consider before making your decision:
Compare the cost of moving to a new home with the cost of renovating your current home. Consider the upfront costs and ongoing expenses such as property taxes, utility bills, and maintenance. Cost is arguably the most important factor to consider so make sure to take your time with this decision and seek out professional help if needed.
If you love your current neighborhood and have strong ties to the community, remodeling may be a better option than moving. On the other hand, if you’re looking for a significant change of scenery or have your dream neighborhood already in mind and picked out, moving may be the way to go.
Consider how your current home fits your lifestyle. If you need more space or want to change the layout of your home to suit your needs better, remodeling may be the better choice. If your current home is too big or requires too much maintenance, moving to a smaller, more manageable home may be the way to go, and vice versa.
If you have a strong emotional attachment to your current home, it may be hard to leave, even if moving would be more practical. Consider how much sentimental value your current home has for you and how important that is in the grand scheme of things. If the emotional attachment seems to be too great of a deal then that is okay! There is nothing wrong with planting some roots in your home and taking on a remodel. (Renovating a house you care about is more fun anyway!)
Think about your long-term plans. If you had planned on staying in your current home for the foreseeable future, investing in a remodel may be a good idea. But, if you planned on moving in the next few years anyways, it may not be worth it to invest in a significant renovation. This also means that certain things need to be taken into consideration such as expanding the family, getting a pet, or job location/new job opportunities. These should all play a role in the decision making process!
Ultimately, as stated, deciding to move or remodel depends on your circumstances and priorities. Consider all of the factors above, and weigh the pros and cons of each option carefully before making a decision. Contact us at Bartley Builder Group today for more information or inquiries on custom homes and renovations!