There are a few key things to think about when making the decision between moving and remodeling. In the scope of things, it helps to have somewhere to start the decision process.
Here’s the SECRET to making the right decision…
Figure out what really bothers you about your current home.
“Most home layouts don’t adequately use 30-40% of their space,” says Keven Schmidt, “it’s a matter of designing the space correctly, which is truly an art in itself. Reconfiguring the layout in a house allows homeowners to utilize every single square foot of space for daily use! Even though the actual square footage remains the same, it feels bigger.”
Maybe it’s not a space problem at all. Maybe you’ve simply outgrown the neighborhood, kids are grown up and you’re newly empty-nesters? Once you can put your finger on what the real issue is, you will be able to analyze if it’s a problem that can be easily fixed. If the problem is lack of space, location of the home, school district, or something out of your control; perhaps a move is your best bet. However, if you come to the conclusion that the problem lies in a poor layout or the need for a specific room but you love the “bones” of your house, perhaps an improve is in your home’s future.
“It’s hard to see the full potential of your home after you’ve lived in it for so long,” says Keven, “it’s amazing what you can do with remodeling. We worked on a project where we gutted and remodeled about 90% of the home. It was phenomenal… you wouldn’t even know it was the same home after we were done. The truth was that it was in a neighborhood that the homeowner loved and it had good “bones.” They simply wanted to incorporate more high-end furnishings and finishes.” Check out Project 211 for more on this project.