So, here you stand at a crossroads. A decision needs to be made, but you’re just unsure which choice is best for you: remodel or move? Should you stay or should you go? Understandably, the choice between a remodeling project and relocating is a big one. And there are sure to be pros and cons to both sides. So, let’s take a deeper look into remodeling to help you make the right choice for your situation.
The advantages of choosing to remodel
A remodel is less expensive.
When we’re talking square footage, remodeling generally factors out to be less than the retail market price for a new (or new-to-you) house. There are certain things to consider such as location, lot size, amenities, etc, but should those things be the same across both options, you stand to spend considerably less with a remodel. And smart, strategic modifications often bring in a high-percentage return on the investment, so you actually stand to potentially make money on the project in the end.
You maintain comfortable stability.
Did you know that psychologists say that losing a family member, losing a job and divorce are the only things more stressful than moving? With that in mind, a remodel might sound pretty appealing. When you decide to remodel, you maintain the comfortable stability of home: neighbors, your go-to grocery store, schools, etc.
A remodel offers awareness & familiarity.
Chances are, if you’ve lived in your house for some time, you’re familiar with its bones. You know, things like when the water heater was last replaced, who repaired the roof (and if they did a quality job), if the sprinklers leak. Beyond that, you know what to expect from your utilities throughout the seasons and if the sub-pump needs replacing soon. With the purchase of a new property, you’re putting your faith in the word of a near-stranger.
It’s fully customizable.
When you’re buying a house, it’s rare to find everything you’re looking for. More often than not, a concession is being made somewhere. That’s to be expected. But over time, you might find the budget to bring your dream home to life. With a remodel, you’re in the driver’s seat, and you have the opportunity to fully customize the design to suit your specific needs.
Think a remodel is in your future? Let us help you bring your vision to life. We are Meridian Design Build, Ltd. a Charlotte construction company that provides every client with comprehensive, timeless results with an unwavering commitment to quality, character and integrity. Ready to start a project?
Schedule a consultation.