When does it make sense to remodel my home? The fact that you ask yourself indicates the possibility of a ‘need’. Something or lack of something inspired you to wonder. “Wouldn’t more counter space make my life so much easier?”
“Is a real laundry room too much to ask for?” “A stove top that can accommodate pots on all burners at the same time! “
Despite that it would be wonderful to instantly have snazzy new accommodations and appointments, we still must ask, “when exactly does it make sense to remodel?” Take a moment before you begin dreaming of your new Viking range and Japanese soaking tub, you might ask yourself a few questions:
- How long do I plan to live in this house?
- Does it make more sense to sell this house?
- Are property values going up or down in my neighborhood?
- What are property conditions doing in my neighborhood?
- If I only live here for a few more years, can I get a return on my investment when I sell?
- Since I have a limited budget, what is the smartest remodel for this house?
- What if the contractor says I should put my remodel budget into failing infrastructure and insulation before the glamorous part of the remodel?
If you’re reading this you’re still with me, that’s great! This is a good breaking point, check back tomorrow for part 2. I’ll talk about the top three things to do when gearing up to pursue your remodel and hire a contractor. I’ll touch on the best rooms to remodel for your ROI, and how does green remodeling save you money now and make you money later.
Thanks for reading! Zeta
Posted on December 16, 2009