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Friday, June 23, 2017

Should You Remodel or Build Your Next Home?

Finding the perfect home can seem next to impossible. At what point should you consider remodeling a home or even building a new one?

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If you can't find the right home, how do you know when it's time to consider remodeling or even building a new home?

Finding a home that's the right fit is difficult. You'll probably find yourself thinking "If I could take this home and combine it in with that home..." However, you'll want to consider a few things before deciding to remodel or build from scratch.

  1. The buying process: To build a home, you need to purchase a lot and get a construction loan, which is a longer process. You could also buy an existing home and pay as you go with remodeling.
  2. Time: Can you wait around for a new build? Sometimes you just don't have the time to wait 10 months or more for your new home.
  3. Floor plan: Can you find the kind of floor plan you're looking for in a remodel job? Sometimes you simply can't move a wall or create that open concept that you're going for.
  4. Location: There are currently 331 lots for sale in Bucks County ranging from 47 acres for $7.7 million to four acres for $5,000. If you're set on a certain location, can you find a home suited for your remodeling goals in that certain area?
  5. Fun: What do you like doing? Would it be more enjoyable to build the home, or are you an HGTV nut who loves the remodeling process?

If you're looking for a home or trying to decide between remodeling or building your next home, don't hesitate to give me a call or send me an email soon. I'm here to help!

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