There are a lot of cool things that can be done with homes today (kitchen islands, efficient power systems and appliances, smart devices for controlling temperature, etc.) to increase value AND make living spaces more comfortable.
But here’s a question…
Is it best for a homeowner to remodel their current home or move?
Well, the main benefit of remodeling, is that you can stay where you’re at — you don’t have to go through the process of finding a new home, purchasing it, and moving your stuff.
At the same time, buying a new home is sometimes easier and more cost-efficient than remodeling an existing house. A large-scale remodel often takes more time and money than most people plan for.
In fact, here are a few signs that moving might make more sense than remodeling…
The House Has a Lot of Equity — A lot of equity means that when you sell, you’re going to get more money in your pocket. So rather than spending money on a remodel, selling can be more cost-efficient for high-equity homeowners.
You Are Excited About Moving To a New Area — If you’re looking forward to moving somewhere else, then selling is probably a great idea!
Moving is More Affordable Than Remodeling The Home — If moving is more affordable than remodeling your home, go for it! There are many great homes on the market right now for a fair price.
And if you’re looking to sell fast for cash rather than going through the lengthy and expensive MLS process, give us a call at (301) 234-7300. We can buy your home as-is for cash and close in as little as two weeks!