To Sell or Remodel?

January 7, 2021

If you’re trying to decide whether to sell or remodel in Poulsbo, WA, chances are, there are a lot of different things on your mind. With so many different factors to analyze and juggle, it can be difficult for homeowners to choose which option is best for them. The good news is that there are some simple questions to ask that can make it much easier to make a decision. Keep reading to find out more about how to choose between selling or remodeling a home.

Sell vs. remodel in Poulsbo, WA

It’s not always easy to choose between selling and remodeling. Here are some simple questions to ask when choosing whether to sell or remodel your home.

What are the costs of selling and remodeling?

One of the most important things to think about when deciding whether to sell or remodel in Poulsbo, WA is the cost. The cost to sell vs. remodel depends on a lot of factors. The cost to remodel a home depends on the type of work that’s necessary, as well as the average costs of labor, permitting and materials in your area. Selling costs are more complicated to calculate and include things like minor repairs, new home costs, financing, moving costs and agent commissions.

What is the status of the local real estate market?

Another important thing to consider is the status of the local real estate market. If the real estate market in your area is booming, it might make more sense to sell. On the other hand, if the real estate market is at a low, it’s probably better to invest in remodeling.

What are your goals?

When choosing whether to sell vs. Remodel in Poulsbo, WA, think about your goals. If there are things about your home that you don’t like, but you enjoy your neighborhood in general, remodeling is probably the best option. On the other hand, if there are things about your neighborhood that you don’t like, it might be best to sell and move to a different area.

Think about return on investment

Before putting a lot of time, effort and money into a remodeling project, consider what the likely return on that investment will be. Calculating the amount of value that a remodeling project will add to a home can be very helpful in determining whether it’s worth it to invest in a remodel, or if it’s better to buy a new home that has more of the features and characteristics you’re looking for.

Professional remodeling services

If you’re having a hard time choosing whether to sell or remodel in Poulsbo, WA, arrange a consultation and quote for remodeling services from Coyote Hollow Construction. For over three decades, our team has been committed to providing premier construction and remodeling services to our customers. No matter your vision for your home, our team has the expertise necessary to make it a reality. Find out more about our services by giving our team a call today—we look forward to working with you!

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