Remodel or Move?

Do you need more space? Are you thinking about remodeling your home, or is it time to make a move?

For many people, this can be a difficult decision. Once you've been in a house for a few years, you can get attached to your home and your neighborhood. It's where you know the stores, the parks, the theaters, and the best commute to work. If you have children, they may love their school. So what can you do?

Consider remodeling if you love your house and neighborhood, have the room and budget to expand on your existing property, and you can potentially realize a profit on the remodel. For a major remodel, also consider that you may need to move out to avoid exposure to dust and construction chemicals.

Finally, remodeling almost always takes more time and costs more money than you may have estimated. So make sure you budget realistically.

If remodeling isn't a good choice for your family, moving to a different neighborhood may have many advantages, including the opportunity to buy a larger or newer house, live closer to desirable schools or businesses, or shorten your commute time.