The housing market continues to change and fluctuate. Some homeowners may want to jump on the train and buy or build a new home. But if you are just tired of your current space, is it better to consider home remodeling? Building new is a lengthy process and can be prone to set backs while home remodeling can take up a lot of your time and resources in order to get what you want. There are some items to keep in mind when you are working to decide between a home remodel or building new. Both will require work and may come with a long list of costs, but one option may be better for you than the other.
Determining which option is right for you and your family hinges on a few factors such as cost, available building space and your wish list. Both options have advantages and disadvantages and will require you to spend some of your hard earned money. Here are some thoughts to consider before you take the leap.
Home remodeling with Rosewood Home Remodel can help make your decision easier. Let us help you with your questions and work with your home to create an amazing space all within your budget and timeline.
Pros For Remodeling
Shorter Timeline
Home remodeling projects tend to have a shorter timeline than a full rebuild. Remodeling takes the existing structure of your home or room and changes what is already there. This keeps it shorter because there is less dirty work to be performed. Remodeling also usually goes one room at a time and you will be able to live in your home while the space is being updated. Keeping your family in your home during a remodel means you won’t have to travel to the site and it may just motivate you to finish the project sooner so you are not living in a construction zone.
Reset The Clock
Updating your home and appliances takes your home back in time. Not truly, but updating parts of your home resets the internal timer for newer elements and keeps the house from needing maintenance as soon. All elements of your home are on a timer, they start to count down from the moment that you begin to use them. The other tricky part is that many elements all expire at the same time, so you may end up replacing your roof and gutters at the same time as your washer and dryer.
Updating appliances and elements of your home on your own schedule saves you from worrying about the next thing breaking, when you are already at your breaking point.
Stay In Your Neighborhood
Remodeling your current home means that you won’t have to move. You already own the home and the property and have gotten used to the neighborhood. Home remodeling gives you the change that you crave without having to abandon an area you love. This will keep your children in the same school, next to people you connect with and have your home in a place you trust.
Less Unplanned Costs
Remodels come with less unplanned costs because you can manage the projects. If you are remodeling, you will know what your budget is and avoid making unnecessary purchases. When you decide to remodel your home, you can consider high quality products that are most important to you. For example, if you are constantly having to repaint the exterior of your home, investing in a high quality paint will save you money in the future and require less maintenance.
Increase Value
Updating parts of your home increases the value and helps you to sell for a higher price when you decide to. Newer construction is always more appealing to buyers, but an updated home can be just as appealing and help you put more money back into your pocket. Home updates usually have a high ROI because they either help you with functionality while you live there, or help you to sell for more profit.
Kitchen and bathroom remodels are always a good selling point, but if you are not sure where to start or how much to upgrade in your home, talk to a trusted realtor. They will know the market and can help steer you in the right direction.
Pros For New Construction
Under Warranty
Building a new home means that everything in it is new and under warranty. If anything breaks or goes south, you will be able to get it replaced for free. Warranties on appliances, cabinets, stone and other materials can last up to 20 years. Being under warranty saves you from frustration and having to replace expensive items.
More Options
A new home comes with more flexibility with layout, rooms, decorations and landscaping. Creating a whole new house gives you the freedom to create your dream space. With custom options, home building can be as expensive or as cheap as you would like. Before you consider building new, take a look at your wish list and determine what you can afford.
A New Location
If you are not happy with your current neighborhood or where your house is located, building new gives you a chance to find your oasis. Whether you want to move to a more quiet street, or a more rural location, finding a place to build can be tricky, but worth it for the tranquility of loving where you live.
A new location provides the opportunity to meet new people, learn more about the state or area you live in, test out another school district and have a new view. Moving can come with challenges but a change can be a good thing for your mental state.
Custom Layouts
Building new gives you the freedom to choose every small aspect of your home. Some home builders have more options than others, but for the most part you get to decide what fun additives make your house a home. You can choose the floor plan, how many rooms there will be, how big the garage is, if it is two stories or one, an open concept living and dining area and more. Building new makes it easy to have your dream home and helps you get the most functionality and use out of the space.
Custom layouts help you to also design with the future in mind. If you plan to build this house and sell, you can build what is currently trending. If you plan to start a family in this home, you can create more bedrooms or a play area. The options are endless when you start from scratch.
Move In Ready
When buying a new home, many sellers will say that the home is move in ready. But there may be aspects of the home that you still want to change. Building new gives you the peace of mind in knowing that no projects will need to be completed in your home for a significant amount of time. Moving into a new home just to start remodeling may save you money on the purchase price, but doesn’t that kind of defeat the purpose of moving?
A new home gives you the knowledge that everything is set to your specifications, and once you are moved in, you are ready to roll.
Remodel With Rosewood
If you decide that a home remodel is the best option for you, we would be honored if you choose to work with us. Rosewood offers remodeling services as well as services with our sister company, Rosewood Painting, to tackle exterior paint jobs and deck staining.
Being comfortable and relaxed in your home is the ultimate goal. We want every day to feel like a vacation and keep your home functional for generations. Our customers asked for more than just painting services, so we delivered! Now we deliver beautiful remodels across the state of Utah.
Remodels can become a hassle, let us help you and get your project finished in no time. You can learn more about our team and how they impact our business on our about us page on our website. Contact us today, or visit our website to read reviews on our past work.
