The feeling you get when you have a new home is like a new car smell: It doesn’t last forever. Not only that, but sometimes what felt like a forever home ten years ago is no longer a match for your living situation. Maybe you’ve had kids, gotten pets or even grown older and could benefit from a place that’s easier to get around.
Once you’ve outgrown your home, trading up or hunting for another to better suit your needs may seem like an attractive option. But is it really worth all the time, hassle and money it could take?
Have you considered a remodel? There are many reasons why it’s better to remodel, rather than going ahead and buying a new home. Here are some you should keep in mind.
1. It Tends to Be Cheaper
Buying a new home is by no means easy on the wallet. A new home could set you back hundreds of thousands of dollars or more, depending on where you’re located. Sure, you might have the cash from the sale of your old home, but there’s no guarantee you’ll get as much back as you initially paid.
Remodels however — if you get a good deal and don’t need something too drastic done — tend to be in the tens of thousands. Even a whole-house remodel won’t set you back as much as a brand-new home. Plus, think of all the time it will take to pack up your home and move. Or if you plan to hire movers, think of the money you’ll save by staying put.
As long as you hire the right company to do your remodel, you may be able to have the project completed in less time than it would take to prepare your home to sell, sell it, buy a new home and move. Look for a company like Everhart Construction, a Houston remodeling company that makes this pledge to its customers, “We promise that your remodeling project will be completed on time and within budget.”
2. Home is Home
From the day you get the keys to the day you take your last look, your home is your home and will stay in your heart. You’ve made good memories there, memories you never want to forget. It may be the threshold you carried your bride over on your wedding day. It may be the place your first child took their first steps or the place you marked your kids’ heights on the wall.
Leaving your home can feel like leaving part of your life behind, part of your life you never want to let go of. With a remodel however, you can leave the measuring wall untouched if you want to. You’ll get to stay in the same place, and reap the rewards of upgrades in the place you know and love.
3. You Can Create Your Dream Home
Nobody is saying you have to tear it all down and rebuild from the ground up. In fact, it’s more expensive if you do. But if you’ve ever dreamed of the perfect en-suite bathroom or home office, now is your chance to make your dream a reality. You get to choose what happens during a remodel. You can customize your home to suit your needs and your greatest desires, and ensure that this really is going to be your forever home.
4. It Builds Equity
Improving a property is guaranteed to increase its value. An extra bedroom; a new, sturdier roof; or that swanky new kitchen island you’ve been eyeing up can all add desirability in the market down the line — if you ever do decide you need to sell one day far off in the future.
A swimming pool in a neighborhood of grassy back yards may not do you any favors when it comes to improving your home’s value, but a master suite or an upgraded kitchen may be the thing that sets your home apart. Remodels can serve to improve your home, but be strategic about it. Be careful not to over-improve. Instead, remodel with the thought that what you do could help fund your retirement or your kids’ futures one day.
5. You Can Increase Safety
Houses, unless built new, typically have some history when you move in and some often require some fixing up — even if they’re not initially a fixer-upper. If you’ve lived in your home a decade or so, you may not have even noticed little issues cropping up here and there. Although home maintenance is important, sometimes those tasks take a backseat to all of the other stresses life brings.
If you do decide to remodel, any little things you hadn’t noticed happening could be caught early and made safer for you in the long run. Or there may even be a much larger issue that a remodel could solve.
Albert Cooper is a known content writer from California, USA. He writes content in different niches such as social media marketing, finance, business etc. He’s a daytime blogger and night time reader currently working as a content advisor and write for some Blogs. He enjoys pie, as should all right-thinking people. You can contact to him for any business purpose through about.me/albertcooper.