Residential remodeling may be the solution if your current home is no longer suitable to your life style and needs. You may feel a bit crowded if your household has grown with the addition of children, or older relatives have joined your household. Sometimes it is not a matter of room enough, but you are just tired of the way in which your house looks, or its lack of functionality. Before you commit to moving to a brand new home, take a little time to analyze your circumstances.
Do you like the neighborhood you presently live in? Are you close to friends and family? Would it be disruptive to your children if the have to transfer to a new school? Have you considered what it would really cost to maneuver?
The October 2012 average selling price of a home in Savage, MN was about $255, 000. In the event that you paid a 5% real-estate sales commission, that would be $12, 750. Your closing costs on a new home could be more than $3, 000, and the cost of a local move for a six room house could exceed $5, 000. So far that’s already over $20, 000. Invariably, you will have many additional costs for transferring expenses, which could easily add another $5, 000 to $10, 000. If you ostensibly like where you are, why not just use a portion of that money for a residential remodeling and change your existing home to meet your needs?
Whether or not it’s just the appearance that you may like to change, something as simple as fresh paint, new carpeting, or hard wood floors will make a tremendous difference. If it’s the outside you want to change, Fresh paint, or new siding and new windows can accomplish the task. These residential remodeling projects will add value to your residence while making it more energy saving.
Other ways to improve the looks of your home would be to remodel your kitchen or bathrooms. New cabinets with granite countertops would add an elegant appeal that would both add value to your home and increase the sales appeal if you decided to sell in the future.