Should I move or remodel?
Move or remodel?
A question that many homeowners struggle to answer is this: should I move or remodel? Both choices mean that you’ll have a renovated home, but there are some things you should consider first…
Do your neighborhood?
One of the most important aspects of a home is the area in which it’s located. You should ask yourself whether or not the neighborhood you currently live in is one that you’d be willing to give up in exchange for a more updated home. If you are, you can consider leaving your current home and relocating. However, if you’re attached to your current area and don’t wish to leave it, you can consider remodeling your current home.
Take your budget into consideration
In any case, you should make sure to get multiple estimates for potential projects in your home from reputable remodeling companies. That way, you’ll know just home much money you’ll need to make renovations if you stay in your current home.
You should also get an appraisal of your current home so that you have an idea of approximately how much it’s expected to sell for. If you feel like your renovations aren’t worth the costs, consider just moving into a new home.
Consider how long it will take
Lastly, consider how long both options will take to complete. Will renovating your home take a reasonable amount of time, or would it be more convenient to simply pack your belongings and move?
The decision is up to you and depends completely on your family, lifestyle, and budget. However, these aspects might help you make your decision.