Since you’re reading this text, there’s a decent chance you’re stuck deciding whether you should remodel your home or move out. It’s a question many folks around the US ask themselves when they sense it’s time for a change. This might come suddenly, or as a by-product of some serious thinking. Anyway, we’re here to help you come to a decision. Keep on reading to find out what questions you’ll need to ask yourself in order to find out whether you should remodel your old place or move someplace new.
Are you emotionally attached to your current home?
This is the first question you might want to ask yourself. Many folks (especially couples living together) form an emotional attachment to a certain place. It might very well be the first home they bought (and here are some tips on first-time home buying). Also, it might be the place where they grew up. What about your home? Can you imagine living someplace else? Or, you’ve got nothing against moving somewhere new? If you don’t see yourself (or your spouse) being emotionally hit after you move to another place it might be time to relocate. Otherwise, remodeling the place that means so much to you will only make you love it more.
What’s your level of attachment to your current home? If it’s high – it might be a good idea to renovate it.
Do you have a need for more space inside your home?
Buying a bigger home isn’t always the only option to gain more living space. You can do it by reconfiguring the current arrangement of the things inside your home (downsizing, for example), taking down some walls, or adding new structures to your property. Think about the options you have and calculate the costs. If it turns out you’ll go cheaper by selling the place and buying a new home – then you might want to consider doing just that. Anyway, if you also choose to relocate with professional movers, there are a few things you need to pay attention to (the so-called red flags). You’ll need to be cautious and watch out for bad internet reviews or too-good-to-be-true moving quotes (among other signs). These red flags will help you make the best decision. With the internet opening its doors to a whole lot of scammers, it’s good to feel secure.
Are neighbors getting on your nerves?
We’ve all been there. Dealing with unpleasant and noisy neighbors isn’t something most people have the patience to do. Of course, it’s always best to try to find a compromise, talk like adults, and all other peace-making options. Sometimes – it’s just not enough. In other words: it’s sometimes best if you pack up and leave. We’re not saying you should wave the white flag as soon as possible, but there’s no point investing money into living near disrespectful people.
What’s the situation with your neighbors? If you’re surrounded by disrespectful folks, it might be time to move on/out.
If your place’s got good schools and low crime rates, then…
You might want to consider remodeling your home. If you’ve got small kids, you certainly don’t want to move to a place where crime is booming and schools are getting worse and worse by the year. Nowadays, it’s not that easy to find a good home inside a good neighborhood. It might seem we’re a bit conservative, but that’s just how things are today. Now, if you’re already someplace where public schools are top-notch and there aren’t any serious crimes on an everyday basis, that is a big plus. You mightn’t want to sell your home. Think about it. Also, some renovations can greatly increase your home’s curb appeal. You don’t want to rush selling it!
Update the style of your home instead of updating your address
If you think your house might look a bit outdated, that’s certainly no reason to boost your relocation. Updating a few things here and there can make your home look absolutely new. Feel free to select something from the list of the most affordable solutions, or scan the web for fascinating home renovation ideas. There are all pretty affordable ways to make your home look fresh. Before you venture into the whole selling/buying business, you might want to try replacing the kitchen floor or doing something similar. Your wish to move someplace else might disappear in a second.
Even small-scale renovations (unlike the one in the picture), can make your home look fresh as new!
Think about the timing
If you’re planning on moving, you might want to think if the timing’s right. Have your kids (if you’ve got kids, that is) finished elementary school? What are the current real estate market trends in your area? Will you get a good price for your home? Will all the investments you’ve made over the years pay off? What are your future housing plans? These are all questions one must think about before choosing to move over remodeling. If you’ve got some friends that are into real estate, talk to them about your options. You can even hire an agent (and here’s how) and pay for an expert’s opinion.
One of the questions we’ve mentioned in the paragraph above might stand out as the most important one. What are your plans for the next decade? If you’re planning to leave the place in the next five years or so, you might want to consider staying and avoiding the whole remodeling scenario. There are really small chances you’ll cash in on that investment in such a small period. On the other hand, if you choose to wait out for another ten years, remodeling might be the better option.
So, that was that. Hopefully, we’ve made it easier for you to decide whether should you remodel or move. Changes like these aren’t so easy to handle and we could all use a friendly piece of advice every now and then. Whatever you choose to do in this situation, just give it thorough thought. The right answer might appear out of nowhere!