When home remodeling, the primary goal is to create changes benefiting and reflecting your daily activities.
If planned correctly, home remodeling also provides the opportunity for homeowners to to upgrade mechanical systems offering major operational cost savings and in the long term, increases your home’s value.
Adding a new addition, updating a kitchen or creating a renovated master bathroom often makes these spaces more livable. In fact, it is the primary reason most people undertake a home remodel; to add a new dimension to their home reflecting a changing lifestyle. The daily benefits of a remodeling project can take many forms.
Home Remodeling – Opening Up You Mind
- The addition of a family room can improve the quality of life for a growing family with younger children.
- An addition of a sun room is often a great space for every family member to enjoy.
- Increasing storage in a new master suite will free up space for an exercise room in another part of the house.
- Taken together, the overall benefit of a home remodeling project is reduced stress, increased functionally and comfort, and improved physical and mental well-being.
When Home Remodeling Works – And When It Doesn’t
There are a multitude of factors involved in a home remodeling decision. While moving to a new location can be fun, or necessary, having a home in a location you like surrounded by great neighbors can easily trump outside factors. A home addition or smaller changes might be just what you need to adjust you current home to your new lifestyle.
Below are two lists of reasons to either commit to a home remodeling or to move. Only you can determine what your situation is and the resulting preferences. However these ideas should be considered because determining your feelings about each of the points will help you define whether you should move or if home remodeling is in your future. Consider:
Reasons To Move
Outgrown your current home
Yard is too small
Do not like your current school district
Work commute is too long
Neighbors are annoying
Do not want the hassle of remodeling
Do not have the time for a remodeling project
Home would end up too valuable for its location – would not recoup the cost of remodeling when you sell your home
Reasons For Home Remodeling
Enjoy your current home
Like your yard
Like your current school district
Work commute is desirable
Neighborhood is ideal
Do not want to uproot your family
Remodeling would make your home more marketable when selling
The costs of moving outweigh the benefits of movingReal estate commissions, home preparation, transfer of utilities, higher property taxes, mortgages, moving companies, storage, etc.
You cannot find a room that meets new living wants or needs
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