Is it better to build, move or renovate our home? While we hear this question many times, there is no clear-cut answer. Every home is unique, and this impacts the response to this question. Additionally, each home occupant sees their surroundings in different ways, which adds nuance to determining what is best for you. Let’s explore some things you will want to consider as you move toward a decision.

Build

Building a new home has several benefits. One of the most significant is that you are working with a clean slate. You can select the location, architectural style, layout, and finishes. There are wonderful options to choose from, and our team is ready to guide you through that process. When you build a new home, product warranties are included and everything is clean and new.

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There are a lot of selections to make when building a new home, and this can feel daunting for some people. Finances can also play a factor when thinking about transitioning from one property to another. How much do we need for a down payment? How are payments handled during construction since we are paying our current mortgage? We and our trade partners are happy to provide guidance with these questions.

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Move

While moving could include moving into a newly built home, this section looks at relocating into an existing home. The decision to move can be based on factors beyond your control, such as property restrictions, structural concerns, uncomfortable surroundings, or modifications that are too costly. Other factors are within our control, such as wanting more space to expand the family, or wanting to downsize. Since there’s no construction involved, transitioning from your current home to an existing finished home allows for a shorter time frame from making the decision to move to the actual move-in date. There are also fewer decisions to make, which appeals to some people.
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Renovate

Remodeling or adding on to your existing home has unique challenges and benefits. Here are a few things that are worth your consideration – While some features of your home may not have monetary equity, they may be invaluable for you. What things will I miss if I move from this home? Are there a few spaces that need to be updated or expanded, or does the entire house need to change? Would a more functional layout solve our challenges, or do we need more space? Do we have enough property to expand to meet our needs and wants? Will we need to move out, or can we live in our house during the renovation?

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There are a plethora of additional reasons you may consider. Whether you build, move or remodel, there’s help available. If you are debating what is the best option for you or your family, our team of professionals is here to guide you. We would enjoy journeying with you!

Post By: Tim Zehr