Should I Move or Remodel? Some Factors to Consider Before Deciding

February 4, 2020

Homeownership comes with great responsibility. When you own the home instead of rent, the upkeep, all the utility bills, repairs and nearly anything else that’s required is up to you. But that’s okay, because you also get to decorate, update and redesign your property to your liking. You’ve likely become fond of owning your home over the years. However, after years of living in the same house and the same neighborhood, it might not suit your fancy (or your needs) as it once did. Now you’re thinking, should I move or remodel?

If you want to move to a new house, it’s a good idea to make a list of the pros and cons of moving. If you’re leaning more toward renovating your Poulsbo, WA home, then make a remodeling checklist. In the event that you aren’t sure whether to move or remodel, maybe the following information can help. Here’s what you should consider before making a decision.

Is the house where your heart is?

Your emotions have a tremendous influence on the decision to move or remodel, so the first thing you should consider is how you feel about the house. Take stock of how emotionally connected you are to the house and the neighborhood. A strong emotional anchor to stay is a sign that it might be best to renovate and not move. When done properly, a remodel will boost the appearance and functionality of your property.

Does this house have enough room?

One of the top reasons why homeowners consider moving is the need for more living space. Some reasons include a growing family, adult children or parents moving back in or starting a home-based business, all of which may call for additional space. Instead of moving, you can create more space with a new layout. For example, you can increase your square footage with room additions, or remove a wall to extend an existing room.

What does your budget look like?

You need to be honest with yourself about your budget, regardless of whether you want to move or remodel. If you plan to stay in the home for a long time and your heart is in the property, create a budget for remodeling. Have your remodeling goals in mind, and don’t overlook possible financial risks associated with your dream updates.

How long will a remodel take?

Any home remodel requires a great deal of time and energy—and patience. This means preparing yourself for the project to go on for longer than you wish it to. Of course, the timeframe varies from project to project, but a home remodel will take longer if plumbing, ductwork, electrical wiring, flooring, drywall or large appliances have to be replaced or installed. Hire professionals for the job and you’ll jump for joy when you see the final results.

If you love your home in Poulsbo, WA but want to make some major changes, then let the team at Coyote Hollow Construction help you create a remodeling checklist. Consult with one of our talented remodeling contractors today!

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