We at Managed Renovations have created an article containing the most important considerations to take into account before making the choice to remodel or sell your home.
You know you’ve outgrown your home. Whether it’s to make room for an additional family member, growing children or more stuff, you need more space. So the question becomes: buy a new house or expand the one you have? There are several factors that go into that decision and we want to help you make the choice that best suits your particular situation.
A few of the questions to answer before remodeling or selling your home are listed below, and the entire article can be read on our website at https://managedrenovations.com/love-it-or-list-it-is-it-time-for-an-addition/
Is it possible?
Depending on what you are hoping to accomplish, there may simply not be enough space on your lot to build an addition to your house or your local zoning restrictions might preclude it. In many cases, though, you could be surprised. A good remodeler and designer may be able to find a solution to your space needs without drastically increasing your footprint. Many homes have wasted space and a small addition with the appropriate interior redesign can end up being a great solution.
How much do you love your home?
This is probably the most important question to consider. Do you love your neighborhood? Love your school district? If the only reason you’re thinking of moving is to get more space, then moving probably doesn’t make a lot of sense. If you’re happy in your house, the best decision is not to leave and decide instead to build an addition and remodel, as needed. You can increase the value of your home and stay where you love.
On the other hand, if there’s a chance to improve your commute or get closer to an area you like, then moving is worth considering.
What will it cost?
On average, it’s more affordable to remodel than move once you consider closing costs, hiring a mover and other associated expenses. You’re also more likely to get exactly what you want rather than having to pick a house that may be missing some of the features for which you are looking.
Anyone who has a specific question or comment about this article, or any article previously published on the site, is welcomed to contact us by calling 240-223-2434 or clicking the link above.
