If you’re deciding whether to remodel your home or move to a new home, it’s important to weigh your options before making this big decision. Both sides of the coin have their pros and cons, but here are five reasons to remodel your home instead of buying new.
Remodeling your home is less expensive
Take a look at the current market. It’s extremely rare, if not nearly impossible to find a home for the price it would cost you to complete a full-home remodel. The average cost of homes on the market will vary based on your location, but according to Zillow.com, the median home price in Collier County, Florida is $335,900. In comparison, the average upgrade to finishes within your home such as paint, trim, flooring and cabinetry may range from $40,000-$60,000. Not to mention, after remodeling you won’t have a mortgage to pay off on a new home, closing costs, realtor expenses and more. It’s a cost-effective win-win.
You stay in your current location
This benefit of remodeling may seem obvious, but it’s one many overlook when debating between moving or remodeling. If you chose your home for its ideal location but had to sacrifice on some other home benefits in the process, remodeling is your chance to make the home exactly what you’ve dreamed of while staying put. Additionally, moving can be an extremely stressful process, especially if you have children. Remodeling allows you and your family to stay put, with no change in schools, groups of friends, jobs and more.
Remodeling truly makes the home your own
When you first bought your home, you may have done so because it met your basic needs. It had the right number of bathrooms; was the type of house you were looking for and it was in the perfect neighborhood. Additionally, you may have purchased the home because it was in your budget at the time and was less expensive than one with modern finishes. Since then, aspects of your life have changed. It’s rare that by moving again, you’re going to find a new home that’s perfect in every way, shape and form. By remodeling, you’re able to truly make a house your own. Maybe it’s by opening up the space, remodeling an old bathroom or upgrading your kitchen.
You’re left with a sense of accomplishment
It’s no secret that renovating your home can be a time-consuming and expensive process. But, it’s completely worth it in the end. Once your home remodel is finished, you’ll be left with a sense of accomplishment. And the gorgeous home that perfectly fits your family’s needs and better fits your vision may come with a much lower price tag than buying new.
If you’re a Southwest Florida homeowner and reading this piece has inspired you to ditch the idea of moving and instead remodel your home, contact Varian Construction at (239) 514-0103. Varian Construction is a 30-year-old, owner-operated company that takes pride in their projects all while alleviating the stress on the homeowner.