Your home. You loved it when you first moved in. But now you’ve outgrown it and are giving serious consideration to moving into a larger residence that better suits your needs. The decision to move or remodel is not always easy. Moving, however, is not your only option. A renovation or remodel of your existing home may be all that is needed to make you fall in love with your home all over again and never want to move.
We all feel comfort in the familiar. If you really do love your home and you live in a great neighborhood, your situation has an emotional value beyond money. However, people’s needs change over time. Young couples find their cozy first home has suddenly become cramped when baby #1 arrives. Families take in elders and need additional space to accommodate multi-generational living. Children grow up, move out, and old bedrooms sit vacant and dark. That becomes the time to consider the expense of moving into a new home versus remodeling or expanding your current home.
First consider renovating your existing home. The customizability is limited only by your imagination. Kitchen and bathroom remodeling let you choose an entirely new look and style, and enhance storage and function in the process. An addition or remodel for a sunroom or office space increases your ability to adapt your home to changing needs. A finished basement adds living and entertaining space to accommodate a growing family.
It is generally cheaper to remodel your home than to move into a new one. But, when the day comes that you finally do move out of your home, your remodeling efforts will pay off by increasing the market value of your home.
On the other hand, if the best decision is to move, consider making improvements and updating your home before listing it on the market. Because many professionals still consider the housing market to favor buyers over sellers, you will want to focus on making improvements that add value, increase energy efficiency, and enhance curb appeal for potential buyers.
Improvements to consider include installing new windows and doors, replacing the roof, or updating the siding, when these items are approaching their end-of-life cycle. Repair damaged items in your home – scratched hardwood floors, worn carpeting, leaky faucets, and outdated lighting and fan fixtures.
If you decide to move, Sovereign Construction Services can handle any project you need done to repair or update your home to optimize its resale value on the market. If you stay, we take your dreams and ideas and transform your home to meet your changing needs. Contact us today at 610-639-2986 or via email at steve@sovereignconstructionservices.com.