There are a million answers to the question, “Should I remodel or move out?” From finances to market conditions to contractors, there are many considerations. We understand that every home is different, as is every homeowner.
We at Steel Design Solutions like to keep it simple. That being said, here are just two questions to ask yourself during your decision-making process.
Why do you want a change?
In the moment, when we feel the walls closing in on us, it’s easy to throw up our hands and say, “I’ve just gotta get out of here!” But it’s important to take a step back and get some perspective.
What about your home, speciﬁcally, is no longer to your liking? If your family dynamic is changing—either preparing for future children or emptying the nest—then square footage may be the top priority. For a young couple starting out in a quaint, one bedroom home is romantic in the beginning but highly impractical as the family grows.
Conversely, an older couple who has just sent the last of four children off to college may feel like they’re rattling around in all the extra space. If you ﬁnd that the root of your dissatisfaction is an issue of space, it may make more ﬁnancial sense to relocate rather than remodel.
On the other hand, perhaps the discontent you feel within your home goes back to a few speciﬁc features. If it turns out that replacing the ﬂoor and swapping out the wood paneling for a fresh coat of paint on the walls makes all the difference, then a remodel is the right option for you.
How do you feel about the location?
A home is more than just a house. It’s where your life happens. “Home” includes the neighbors, the schools, the amenities, and the commute. If you move, how long will it take you to get to your favorite shopping center? How far will you be from Grandma’s house? These are all aspects to take into account when debating a move.
If you love your location and it’s the house itself that disappoints you, see how far a good remodel can take you. On the other hand, if the neighbors are loud, the commute is long, and the schools are awful, it’s time to ﬁnd a new place to live.
Whether you decide to give your home a facelift or go shopping for a new one, we wish you all the best!