Is your family growing?
It’s an exciting development until you realize the space in your home is now at a premium.
It’s possible to increase your living space without significantly increasing the footprint of your home, and you can do this with a simple room addition. It’s a great solution to getting what you need without having to leave your neighborhood and go through the trouble of selling your home and buying a newer, larger one.
Speaking of selling your home, a room addition is a way to increase the value of the home. It’s an attractive perk that your realtor can use in marketing content, drumming up more interest and enticing people to bid on your home.
In short, adding to your current home makes a lot of sense for most people, given how much money can be saved and how much stress can be avoided if you went through the process of buying a new home.
You can plan a remodel to meet your exact specifications. Rather than build a wish list and settle for a percentage of the items on that list, as you would when purchasing a home, your wish list for remodeling is only limited by your imagination and your budget. Get everything you want and/or can afford in the place you already call home.
You may be able to use home equity to pay for the renovations. Most homeowners are sitting on a mountain of equity that they can tap in to for their home remodeling project. The bonus is that your home equity loan is most likely tax deductible!
If you love your neighborhood, you don’t have to move. Remove all the stress of moving and the heartache of leaving the neighborhood you love by remodeling your current home.
Avoid the cost of moving and selling your home. Aside from the mental anguish involved in selling a home, there is a monetary price as well. You have to pay movers. You have to pay realtors and maybe even a lawyer. Save all that money by remodeling.