Move or Remodel [Text]
Tough decisions
Unsatisfied with your living space? Here are three steps to help you decide whether to move or remodel.
Move: Start fresh with a new home
Vs
Remodel: Make new memories with new spaces
Step 1: What’s wrong?
Make a list, and check it twice!
The easiest way to start is to make a list of the pros/cons of your current house. What’s special about the home you’ve already built? What would need to change for it to be perfect?
Step 2: Where to go?
Do your homework.
Are there homes in your area that fit your budget range and needs? If so, moving might be a no-brainer. But bear in mind that charming older homes may be smaller than your current home, and newer homes may be built in subdivisions too far from a central location.
Step 3: How much to remodel?
Count the cost.
Consider the cost of the remodel against the cost of moving. Remodeling Magazine’s annual Cost-vs-Value Report can help you visualize the value added to your home by the type of remodel you are planning, but keep in mind that recouping the full value of your remodel will not likely happen unless you’re planning on staying in your home for the next 7-10 years.
To get the current Cost-vs-Value Report, or for any questions about your decision to move or remodel, call our office at 318-865-4914 or email your questions to reception@jeb.net.