You’ve probably been asked at some point, “why are you remodeling instead of building a new home?” The answer is simple. You should never build a new home to save money on your mortgage.
In today’s market, it can cost as much as $100,000 less to remodel and extend an existing home than it would build from the ground up. Plus, with interest rates being at an all-time low, now is the perfect time to invest in your home and make it your own. Here are some reasons why you should consider remodeling your current home rather than building a new one.
There are many reasons why you should consider remodeling your current home rather than building a new one. Let’s say your home is rundown and needs some work, but you don’t want to gut the entire thing. Remodeling is a great solution because it can transform your home without having to rebuild it.
Plus, there are so many different ways to remodel your home to meet your needs. You don’t have to spend time and money considering square footage, layout, and size for a new home that might not be what you’re looking for in the end. With remodeling, all of this information will be considered beforehand.
If you need help deciding on what kind of renovations will meet your needs the best or if you’re ready to get started with your project, contact us today!
Why it makes more sense to renovate today’s homes
-Current homes have much more flexibility than new construction.
-Remodeling will help you save money on your mortgage.
-You can take advantage of the low-interest rates we’re currently seeing.
-If the home has been neglected, it will be easier to fix and remodel because it’s already structurally sound.
-If you live in a historic neighborhood, you’ll be able to preserve its character and charm with a remodel.
How to get started with the process
One of the most common questions when it comes to remodeling is where to start. This is a good question, and there are many different aspects of your home that you may want to consider renovating. The best way to get started with the process is by talking with a contractor who can help you plan what upgrades will work best for your home. You’ll want to think about factors like square footage, age of your home, layout, and size. By taking all of these things into consideration, you can ensure that you get the most value out of your investment in remodeling.
After speaking with a contractor, you’ll have an idea of what kind of upgrades will work best for your home. You’ll want to decide if this should be a basement remodel or something more like adding on another bedroom or bathroom. There are so many ways that you can make your existing home better without having to build it from the ground up. If you’re not sure where to start, speak with a contractor today!
What are the steps in the process?
The first step in the process is to find a contractor and get the ball rolling. You will want to start with your list of must-haves, like the number of bedrooms, bathrooms, and other amenities. Once you have that figured out, you can move on to determining what type of design you’re looking for.
Next, you’ll need to find a home that matches your needs and wants before doing any remodeling work. Once that’s done, your contractor will come out for an inspection and estimate for repairs or renovations. At this point in the process, you have enough information to make an educated decision about whether or not it’s worth it to invest in your home or build from scratch.
Lastly, you’ll need to decide which type of insulation is best suited for your home – spray foam insulation or cellulose insulation? The choice usually comes down to cost and personal preference. If one type of insulation is more expensive than the other, then it might not be worth investing in at this time. However if both types are relatively inexpensive then you should go with whichever one is easier for you to maintain.
How to find and hire the right contractor
When you’re looking for a contractor to do the remodeling of your home, there are some important things to consider. First, you want someone who can evaluate your home and provide you with a design that will create the best use of space and layout. Second, you want to make sure that this person can complete the project in the timeframe they offer and at an affordable price.
When you’re interviewing contractors, try to meet with at least three before making your final decision. This will give you the opportunity to ask questions and get feedback from each one. It might also give you an idea of what type of work they specialize in. Once you find the right contractor, it’s important that both parties sign a contract outlining expectations and costs. This way, if something goes wrong, it will be easier to figure out how to proceed legally.
The decision to remodel your home can be a great way to improve the quality of your home and save money at the same time. We know you want to make the best decision for you and your family, so we want to provide you with some help along the way.