Residential remodeling may be the solution if your current home is no longer suitable to your life style and needs. You may feel a bit crowded if your family has grown with the addition of children, or older relatives have joined your household. Sometimes it’s not a matter of enough space, but you are just tired of the way your house looks, or its lack of functionality. Before you commit to moving to a new home, take a little time to analyze your situation.
Do you like the neighborhood you presently live in? Are you close to friends and family? Would it be disruptive to your children if the have to transfer to a new school? Have you considered what it would really cost to move?
The October 2012 average selling price of a home in Savage, MN was about $255,000. If you paid a 5% real estate sales commission, that would be $12,750. Your closing costs on a new home would be more than $3,000, and the cost of a local move for a six room house could exceed $5,000. So far that’s already over $20,000. Invariably, there will be many additional costs for moving in expenses, which could easily add another $5,000 to $10,000. If you basically like where you are, why not just use a portion of that money for a residential remodeling and change your existing home to meet your needs?
If it’s just the appearance that you’d like to change, something as simple as fresh paint, new carpeting, or hard wood floors can make a tremendous difference. If it’s the exterior you want to change, Fresh paint, or new siding and new windows can accomplish the job. These residential remodeling projects will add value to your home while making it more energy efficient.
Other ways to improve the looks of your home would be to remodel your kitchen or bathrooms. New cabinets with granite countertops would add an elegant appeal that would both add value to your home and increase the sales appeal if you decided to sell in the future.
Should you need more usable space, there are several ways to accomplish this without requiring structural changes to your home. For example, you could convert basement space to a recreation room or a home theater. Attic space can easily be converted to additional bedrooms. And, the addition of storage cabinets in the basement or in a large kitchen could do a lot to help improve your situation. If you really need more space, you could put an addition on your home, or even add another level.
Any of these kinds of residential remodeling projects may be just what you need to make your house into the home you want. Within practical limits, most of them will add as much or more value than they cost. On the other hand, if you have already decided to relocate, some remodeling can help you sell your home more quickly and at a price that will recoup most, if not more than the cost involved.
If you have an idea of what you want, a good, reliable, full-service residential remodeling contractor can help you develop those ideas into a realistic plan. If you are not sure of what you should do, they can also help you clarify your problem and suggest options for a practical solution.