November 11, 2010

Nov 11, 2010
By New England Design and Construction

1. Enjoyment.

Remodeling a home can be a very exciting adventure. Watching that outdated and tired room become demolished and transformed into a much more comfortable and stylish space, is quite satisfying. By moving, you will not experience this evolution as all the work has been done for you.

2. Preference.

When you remodel your home, you are the ultimate decision-maker on key aspects such as layout and style. For example, should you be remodeling your kitchen, you will be able to choose the exact model of cabinet, style of countertop and brand of appliance. By moving into a new home you will need to make compromises on these things. This is not to say you won’t find something you will like, but it is certainly far less likely you will get everything you want.

3. Neighborhood.

Before packing those boxes, it is necessary to consider your neighborhood. You probably enjoy living there because the other homes look nice, the people are friendly and, consequently, just feels like home.

4. Investment.

If properly planned and efficiently executed, the value of your remodeling project should come close, match or even exceed the cost to construct it. It is important to hire an experienced design/builder who understands home value and what the best project is for you. In the next issue, we will talk more about your home as an investment. This will include how the current low-rate refinancing options can make your project more feasible than you may have thought.

5. Landscaping.

Moving into a newly constructed home can often mean sacrificing on things such as tall trees and full shrubs. By remodeling, you eliminate this possibility and keep the landscaping you have worked so hard to grow and maintain.

6. Points of Interest.

Your current home may have many convenient features. It may be near schools, shopping malls, parks, etc. Another thing to consider before moving out is whether your new home will be as convenient as your old one.

7. Trouble Selling.

Today, selling a home is challenging and may take a considerable amount of time. To get the price you want, you may need to wait six months to a year or be forced to take a lower price. Find out how your local market is performing before making your final decision.

Published November 11, 2010 | By