With home prices high and a hot seller’s market, it may be tempting to put your house on the market right now. We want to present you with a few reasons to stay put rather than sell. There are many things to consider before moving, so if you’re on the fence right now, read this before making any decisions.
Unless you’re planning on a custom build, buying another home will probably not come with everything on your checklist. Choosing to remodel or upgrade your current home can tick off your entire checklist and get all your needs into a new design. Many people choose to move simply because they don’t love the curb appeal of their home. It’s important that you love the exterior of your home, and even if you feel limited with your current structure, an expert exterior company can show you options you probably never thought were possible.
Many of us get attached to our neighborhood and location. If this is you and you want a more functional home but love where you are, consider a remodel. You don’t have to leave your community or force your kids to say goodbye to their friends if you redo the parts of your home that are crucial to your happiness. If you’re in an older home and want it to look more modern, there are many upgrades you can do that are cost-effective and will increase your home’s value.
Most remodels and upgrades will add value to your home. This is only true if they’re high-quality and professional jobs. You’ve likely paid down your home over the years already and updating your home in smart ways will build equity and increase the overall value of the home. With such a large investment as a home, you want to make sure you’re remodeling projects are done with care and precision to maximize your ROI. Exterior remodels need extra care because if something is done improperly, leaking can occur and cause damage to the inside of the home as well.
For many of us, moving isn’t the most enjoyable process. Plus, moving expenses can get high quickly, from minor necessary improvements in your current home to make it appealing to buyers to hiring a moving company to help you out. Rather, put these costs that you can’t recoup back into the asset that is your home. Avoid the hassle of moving by improving the home you currently have.
Your memories are what makes a house a home. You’ve probably had some good and bad times in your home, and it may be hard to leave that all behind. If you feel an attachment to your home and are struggling with the thought of saying goodbye to those memories, consider options for remodeling and upgrades. We can get tied emotionally to a home, and it often feels good to put money into making it nicer for us and future generations.