Eventually there comes a time when most families reach a difficult housing juncture. Whether it’s because your family is growing, the kids are leaving you as empty-nesters, or you’re simply not happy with your floor plan, at some point the debate sets in— should we stay or should we go?
This is a predicament for any family. Hitting the real estate market is an option for those seeking something better, and there’s always custom building to get exactly what you want. However, in many situations moving is not the optimal solution, so you start considering a remodel. But is remodeling the right choice for you and your family? What this question really boils down to is practicality. Remodeling opens the doors to all sorts of possibilities, but are your expectations realistic?
You’ll want to take into account a variety of factors when deciding if you should remodel your home…
Current and Future Needs
The best place to start in deciding if remodeling makes sense is to look at your family and lifestyle. Families evolve but your house doesn’t necessarily evolve with you. Do you have kids or plan to start a family? When will children be leaving the house? Will your current home meet your needs as you get older? Think about where you’re at in life right now and where you see yourself years down the road.
Related: What’s the difference between a new home and a custom home?
Location
The prime feature of a home is its location. After all, you can change anything about a house, but you can’t change its location. Neighborhood, schools and nearby conveniences rank high on homeowner lists of must-haves, so ask yourself, how important is it to stay in your current neighborhood? From here you’ll want to determine if the kind of home you hope to create is possible on your property and within your budget.
Goals & Budget
Define exactly what you’re trying to achieve with remodeling and separate must-haves from extras and indulgences. Rank projects and rooms of focus in order of priority so when you start looking at budget you know what to account for first. Assess the cost of the remodel with how long you plan to stay in your home. Ask yourself if the time and investment is in line with your future plans. It may become clear to you at this stage that it makes more sense to move than to remodel because you can’t achieve everything you want with your current home and budget.
Related: How remodeling improves flow and function
Condition of Home & Land
The question of what’s physically possible often presents itself when your home is evaluated by contractors. Older homes can have major issues that aren’t uncovered until it’s too late to avoid them. This makes the renovation more complex than expected. What you think is a straightforward remodel may quickly increase in cost and time if unknown problems exist. Have concealed elements like wiring, roofing, framework and foundation thoroughly inspected. Projects that involve complex tasks like removing walls and changing rooflines must also be handled with caution. Permits and building codes are applicable to major renovations and additions, so you’ll also need to ensure the proposed plans are within property lines and setbacks of your lot.
You deserve your dream home
Highland Builders understands the full scope of work and processes for custom home building and home remodeling. Whether you’re transforming your existing home into what you’ve always envisioned, or starting from scratch designing a custom home, we’re excited to take a journey with you. The benefit of building a custom home is that it’s a blank canvas for your imagination. However, not much is off limits with remodeling so long as your budget supports it and we can obtain permits. We’re always happy to chat with you, offer suggestions and help you decide how to make this major decision.
To discuss a home remodel, or to start a conversation about custom building, contact Highland Builders today at (804) 449-6006.
