Renovate or Buy New
Should we renovate or buy a new home? This is a question we often hear from homeowners who have outgrown their current home, and it’s a decision that involves a lot of thought.
Should we renovate or buy a new home?
If you move to a newly built home, you are getting a home that fits your needs today … and well into the future. You are also getting everything new – new appliances, new mechanical systems, a new roof – which provides a lot of comfort, knowing that you won’t have to deal with those headaches for many years.
Alternately, when you move (even if it is just across town), you are moving away from the things you’ve grown accustomed to. The kids will ride a different bus to school and have new kids in the neighborhood to play with, and for you, traffic patterns to work and shopping will be altered, too.
When people decide to renovate their home, it is usually because they’ve grown to love their life the way it is. They love their neighbors, live in a great neighborhood and want to stay there. So they decide to remodel their current home instead.
Remodeling your home can:
- Save money on utility bills with energy-efficient materials like new windows, proper insulation and new lighting fixtures
- Increase overall comfort by installing mechanical systems such as high-efficiency heating/cooling systems and on-demand hot water
- Improve indoor air quality by replacing materials (flooring, paint) with those that have non-toxic finishes
- Lower insurance premiums
- Gain extra living space
- Add value to your home
To move or remodel is a very personal decision because what works for one family may be different for another. We invite you to schedule a consultation with one of our professionals to help you make the most informed decision possible.