
1 minute read
Introduction: How to Approach Your Home Renovation
by Kore Image
A home remodel offers you the opportunity to bring your home into the present and add spaces and amenities that will continue to serve you well into the future. Changing the layout, adding or expanding rooms, and updating finishes allows you to fall in love with your home all over again.
However, remodeling does come with its challenges. Unfortunately, a large percentage of homeowners report having regrets after the process. The regrets range from overspending and under-planning to rushing the design process and not spending enough. The good news is these common regrets are avoidable by carefully planning a detailed budget, being thorough throughout the design process, and hiring the right team from the start.
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When Should You Remodel, Rather Than Buy?
The decision between remodeling and moving is a difficult one, with pros and cons on either side. Ultimately, this decision is usually driven by two major factors: intrinsic value and monetary value.
Intrinsic Value
You may have become very fond of your community, its amenities, the school your children attend, and the short commute to work. Your home is the place where countless memories and milestones have been made.
Outgrowing the home you love doesn't mean you need to leave it behind. Needing more bedrooms, an additional family room, wanting an open floor plan, or a finished basement to add livable space are all design needs that can be met with a skilled design-build team.
While investing in additional space, consider the new life you will be giving your family home. A fresh update in other spaces can make your home feel like new.
Monetary Value
A whole home remodel may very well come at a similar cost as buying a new home. Perhaps even a bit more. The benefit still remains that your family will be able to stay in the same community, school district, and proximity to places you've grown to cherish.
Finding a house on the market that meets every need and want is not likely and chances are that you will have to compromise. With a remodel, your designer can work your must-haves into the design, leaving you with the exact space that fits your vision and your needs.