Should You Stay or Should You Go? Remodeling Versus Moving

The question of whether to remodel or move is a difficult one that many families have to face at some point. When the starter home becomes too small for a growing family, or the family home feels a bit too big for empty nesters, it may be time to ponder the idea of taking on a major construction project to make your home better suited to your new lifestyle. Or would it be easier to simply find a new place? Here are some simple considerations to help you make the decision.

Determine your needs. If you now have more children than bedrooms, you will likely want more space. If you’ve recently started a home-based business, an office is probably on the wish list. These kinds of renovations can easily be accomplished by an experienced Brookfield remodeling company. If, however, you need so much space that it would require the roof coming off a second story or raising the house, it may make more sense to move.

Be honest about what you want to change. If you are in love with the area where you live but not your home, remodeling makes sense. But if it’s the yard, location, schools, neighborhoods or other unalterable features that are problematic, a move might be the better option – even if you like your home.

Evaluate the market. In your neighborhood, how many properties have sold in the last few months? Did they sell for close to the asking price or below? How long were they on the market? And don’t forget about real estate commissions, financing charges, moving costs, utility deposits and other expenses associated with buying a new home. Collectively, this information will help you determine if now is a good time to sell.

Think about the final value. It’s always easier to sell a home that’s around the same price as neighboring homes. In the end, doing major home improvements might put your house above and beyond the value of the other homes on your block, which could make selling painful.

Speak with a professional. A professional remodeler can help you calculate the costs of materials and labor for your potential project so you will know whether you are financially ready to do the work. He will also be familiar with local building codes and ordinances, which could have a big impact on what you can do with your home.

At Callen, our goal with a home remodel is always to exceed a client’s expectations while keeping within their budget and solving any problems along the way. Managing expectations and detailing every part of the process allows you to know what’s coming up and us to stay on schedule. Discover for yourself how we put the “WOW” in home remodeling! Call Callen today at 414-765-2585 or schedule a no-obligation consultation with the best remodeling company in Lake Country, Milwaukee, Waukesha and Brookfield areas.