Remodeling vs. Relocating

Kitchen with Island, Sink, Cabinets, and cement floor

Should you stay or should you go?

Over time, families evolve. Whether it’s the birth of a little one, the expansion of possessions, or an increase in income, your needs are always changing. You may need to upgrade the kitchen, the basement, or maybe you just need a bigger house altogether. This leads to this ultimate question: does it make more sense to renovate or relocate? At Creative Spaces, we feel there are a few important questions you need to ask yourself before determining your answer.

Do you like your neighborhood?

Are you attached to the place you currently live? Before you answer this question, consider all of the factors that go along with it. Do you enjoy the schools that your children attend? Do you feel safe? If you answered no to any of these questions then moving may be a better option for you than remodeling. If you answered, yes, however, consider the hassles of relocating. Even if you don’t move too far away, you may still have to find new schools for your children, become accustomed to a new area, and adjust to the change in a new location.

Does your home have a tangible significance?

Is there an aspect of your house that has a deep significance to you and your family? Perhaps you inherited your home from a parent or relative, or maybe you and your partner built the house yourselves. If you and your family have an attachment to your house, it’s better that you remodel in order to meet your needs.

Relocating vs. Remodeling: Which makes more financial sense?

As a rule of thumb, it’s always going to be less expensive to renovate your home than to relocate entirely. There may be a specific aspect of your home that you’re looking to change, which if the case, renovation is a simple fix.

Consider the cost of your current mortgage over its life with its interest rate and the cost of obtaining it. Factor how much your desired renovation will cost and the necessary financing involved, and then compare that number to the cost of purchasing a new home entirely. More than likely, you’re going to save money with renovations to your existing home.

At Creative Spaces, we’ll meet with you, understand what it is that you want, and then offer our bid. You’ll receive the remodeling that you’ve always wanted, and you won’t have to pack up and find a new school system at its expense.

Call Creative Spaces Today!

Take away some of the stress this fall by hiring a remodeling company to revolutionize your space. Get in contact with Creative Spaces Remodeling, a trusted remodeling contractor, today with any questions about remodeling projects, or to schedule a thorough consultation. Serving Maryland one successful construction project at a time, a professional home remodeling contractor keeps your goals at the center of our services.

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Creative Spaces Remodeling provides remodeling services to clients throughout the Maryland region, including Anne Arundel County, Howard County, Calvert County, Montgomery County, Baltimore, Annapolis, and the Eastern Shore.

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5 yr warranty sealWe are so committed to excellence that we back all of our work with a full 5-year warranty. A 5-year warranty is very uncommon in our industry, but we do this for your peace of mind and because we believe in going beyond our clients’ expectations. Read More