What to Know When Deciding Between Rebuilding or Remodeling
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Some people feel that their homes have outgrown their family’s needs, so they want to move and build elsewhere. Others feel that they could maximize their home and remain in it with a few adjustments. Eventually, every homeowner will start considering options when it comes to home remodeling, new home construction, or listing their home for sale and starting fresh.
Here are some things every property owner should know when weighing options between rebuilding or remodeling.
When to Renovate
If you can’t bear the thought of leaving your current area or you really like your lot but can’t help finding things about your home that leave something to be desired, renovation may be the best option for you. Consider a few benefits to renovation:
- Renovating your home will be cheaper than rebuilding.
- Renovating will increase property value. If you decide to move in the future, your renovations will mean you can ask a higher listing price.
- You have lots of options for renovation. Make better use of available space, add another room or wing, or consider other options like adding a sunroom, deck, or covered patio.
- You will save money on energy bills by renovating with green, eco-friendly materials and appliances if possible.
Renovation could potentially mean higher property value, better curb appeal when it comes time to sell, more reasonable utility costs and greener appliance use. Something to keep in mind: renovating tends to cost more per square foot when compared to larger projects where you get more for your money. Of course, if you think your home requires more than just a few renovations to get it to where you would like it to be, rebuilding may be a better option.
Things to Know About Rebuilding
Rebuilding is the best option when you love your location and property lot but have too many issues with your current home to keep it as-is or update it with a few simple renovations. A custom-designed home rebuild could mean you and your family get to stay in the area you love with a home that fits your lifestyle better.
Rebuilding offers a chance at a fresh start, but, keep in mind, investing in rebuilding rather than renovating means a much larger project scope, and the work will take longer than a renovation. You may need to make temporary living arrangements while work on your new home finishes.
Premier Builders offers custom homebuilding services to Northwest Ohio and Southeast Michigan. Our team is experienced, flexible, and able to handle the most complicated custom home designs.
If you are considering whether to renovate your home or list your home and build something new, Premier Builders can help you design and build your dream home. Contact us today to learn more about our custom home building services.
