If you're like most families, your home has probably started to feel a little cramped. The kids are all grown up, and you're left with a house that doesn't fit your needs anymore. However, the thought of moving is just too much to bear. After all, you've put so much time and effort into making your home just the way you want it.
A home addition can give you the extra space you need without having to uproot your family and start all over again. Plus, you can tailor it specifically to your needs.
But what if resources are scarce right now, and you can't afford to build an addition? Can moving be a viable option? Let's explore the pros and cons of remodelling vs. moving to help you make the best decision for your family.
Factors To Consider When Deciding Between Remodeling Vs. Moving
There are a few things to consider when deciding whether to move or remodel:
Cost
Building an addition can be expensive, depending on the size and scope of the project. But keep in mind that the cost of moving can also add up quickly, especially if you have to buy a new home.
Convenience
If you have a busy family, the last thing you want is to upend everyone's routines while construction is going on.
Building additions will take longer than packing up and moving, but it may be less disruptive to your day-to-day life. On the other hand, moving can be a quick and relatively painless process if you hire a professional moving company.
Emotional Attachment
Moving away can be daunting if you've lived in your house for many years and have established deep roots in your community. Conversely, if you're not particularly attached to your home or are looking for a fresh start, moving may be the right choice.
The Pros and Cons of Moving
Pros:
- Clean slate: You can start fresh and design your new home exactly the way you want it when you move.
- Better fit: If your family has outgrown your current home, moving allows you to find a house that will be a better fit.
- Sell for profit: You can take advantage of current market conditions. If the housing market is favourable, you may be able to sell your home for a profit and use that money to put towards your new home.
Cons:
- Expensive: In addition to buying a new home, you must also factor in the cost of selling your current home. Real estate commissions, closing costs, and other associated fees can add up quickly.
- Disruptive: Packing up everything and moving to a new house is a big undertaking that can disrupt your family's routine.
- Leave the community: Moving away can be difficult if you've lived in your current home for a long time and have established roots in your community.
The Pros and Cons of Constructing a Bedroom Addition
Pros:
- Less expensive: Building an addition is more cost-effective than buying a new home in many cases.
- Less disruptive: Unlike moving, which requires packing everything and even changing your daily routine, construction for an addition generally takes place outside your living area.
- Good investment: A well-built addition can add value to your home and make it more attractive to potential buyers.
Cons:
- Time-consuming: Depending on the size and scope of the project, building an addition can take several months to complete.
- Disruptive during construction: Even though the actual construction for an addition generally takes place outside of your living area, there will still be some noise and dust during the project.
- Secure approval: If you live in a community with strict rules about home additions, you may need your homeowners' association or local zoning board approval before starting construction.
Making the Decision
There are pros and cons to both moving and constructing a bedroom addition. The best way to decide which option is right for you is to weigh the most important factors. Once you've done that, you'll be able to make a decision that's best for you and your family.
If you decide that a home addition is for you, contact Kurmak Builders for your home remodelling needs! We can help with everything from design to construction so that everything will go flawlessly.