Ready for a Change?

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Home Renovation vs Building: 5 Reasons Why Remodeling is Better than Building or Buying a New Home

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We have often asked people if they feel remodeling is better than building or buying a new home and why. Some of the reasons we got were size and space. People feel like they have outgrown their space and it no longer reflects where their future is heading, but one of the biggest reasons is that they feel like they’re not yet living in their dream home.

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Perhaps you need more space, or the kitchen isn’t meeting your needs or they wish they had a more open floorplan. Whatever the particular reason for your current dissatisfaction, it boils down to the fact your are ready for a change.

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5 Reasons Why Home Remodeling is Better Than Building or Buying

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We think in many cases, your current home could be your dream home with the right company and the right renovations. Here are 5 reasons we think remodeling is better than building or buying a new home.

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1. If you remodel, you don’t have to move

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Moving is expensive, period. You could be looking at paying realtor fees, hiring movers, renting a storage facility or renting short-term housing. And this doesn’t include costs for any home improvements or repairs needed to get your house ready to sell. So all that money you may need to pay to sell could, in reality, be a really great start on a renovation budget.

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2. You can use your home’s equity to finance a remodel

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If you’re worried about how you’ll pay for a or renovation, many homeowners are able to use their home’s equity to finance their plans. This might be a better option than saving up for a down payment, or being unsure if the current market will allow you to sell at a profit and buy your dream home.

We work with many homeowners who choose to borrow against the value of their home. They have found that this route is often less costly and less complicated than taking out a new mortgage.

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3. Remodeling can increase your home’s value

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You can add value into your home with a custom home renovation. But in most cases, if you’re dealing with an outdated kitchen, an update that fits the style of the home will certainly add value to your home. Or, at the very least, increase your home’s appeal to yourself and future buyers.

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4. You can stay “where your heart is” if you remodel

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Expenses aside, home is truly where the heart is. You could be in love with your current home (minus its current drawbacks), your neighborhood, neighbors, school district and local amenities. Each of these elements go into your overall perception of your dream home.

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So many people love their current home it is their safe place away from the stress of the outside world. It’s where you celebrated birthdays and life achievements…but now you are at different point in your life and you want your home to reflect your lifestyle now. A home remodel helps you stay where you heart is, and make you fall in love with it even more.

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5. When you remodel your home, you can get exactly what you want

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There are certainly turnkey homes that are perfect to the last detail. But more likely than not, you would move into a home that has at least one or two things you’ll need to fix or are not exactly what you have in mind. No problem we can help you make that space more comfortable for you.

With a home renovation or remodel, you can get exactly what you want, how you want it. We love creating and building custom elements for our clients that fit their tastes and lifestyle. We help people utilize their space for their needs and comfort.

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There are many more reasons people have decided that a home remodel is better than buying or building a new home. But we find that most people simply don’t want to leave their neighborhoods and memories they created behind.  Renovating your home into a Rental property is a great option if you are ready to travel.