Home Remodeling: Add On or Move Out?
Which door you choose – a room addition, a new home, or nothing at all depends on your personal choices. There are many hard costs and personal costs that should help you decide.
Is It More Cost Effective To Move To A Bigger House Or Add On?
There’s no easy answer for this question. Often it depends on how much value the addition adds and whether the addition will price you out of the neighborhood.
Questions You need to Ask Yourself?
Can you find an existing house with the additional space for less than the price of an addition?
How easily can you sell your home?
Will you be able to carry two homes if you find a home that fits your needs but haven’t sold your current home?
It’s Not Just Hard Costs
Other things to consider include the cost of moving, closing costs, if it’s a new house the cost of window treatments, etc.
Sometimes there are other factors to consider besides cost that make adding on more desirable:
- not disrupting children in school
- convenience of existing home’s location
- great neighbors
- getting the new space built to your exact specifications
- no plans to move for 10 years or more, etc.
Doing any home remodeling project is a personal decision and only you can weigh what is best for you and your family.
If you have questions about any home improvement project or are considering a home room addition project please call me at 561-795-2551 or email me at: todd@leadingedgehomes.com and I’ll be happy to share my knowledge with you.
Leading Edge Homes, Inc. is a Florida certified building contractor specializing in improving your lifestyle through room additions, bathroom renovations, kitchen updates, hurricane-resistant screen enclosures, and more! In business since 1991, they demolish your stress by building your trust. Contact them at 561-795-2551 or visit their website to discover how they can help you with your next home remodeling project in Palm Beach County.