When a house becomes a home, it’s difficult to pull up and leave, regardless of the reasons. However, when a property becomes insufficient for whatever reason, two options come to the table: move or remodel? We know that there is more than emotion that comes into play – financially, does it make sense for you and your family, or does the added stress add up to the reward?
Here are 5 reasons we think it is worth building Up & Out vs. move:
You can plan a remodel to meet your exact specifications
Rather than build a wish list and settle for a percentage of the items on that list, as you would when purchasing a home, your wish list for remodeling is only limited by your imagination and your budget. At our in-house millwork shop, we can create anything your heart desires to fit seamlessly into your already-dream home.
You may be able to use home equity to pay for the renovations
Most homeowners are sitting on a mountain of equity, especially in today’s market, that they can tap into for their home remodeling project. The bonus is that your home equity loan is most likely tax deductible!
If you love your neighborhood, you don’t have to move
Remove all the stress of moving and the heartache of leaving the neighborhood you love by remodeling your current home. There are new neighborhoods popping up all over the place, but nothing is quite like the one you know and love.
Speaking of the cost, it’s simply cheaper to remodel
While a home addition requires you to live in some version of a construction zone until it’s complete, it’s much less stressful and less expensive than going through the process of looking for a home, packing your belongings, selling your house and moving to a new neighborhood.
Increase Your Property Value
A cost-effective home addition can offer some handsome returns for homeowners looking to increase the value of their property. The return is not only monetary; it can be a personal value or value related to marketing the home.
The housing market is a stressful place to be. Let us ease your mind while helping you transform the home you love into something that is more efficient for you and your family. Contact us today.