Are you at that point in your life where you need to upgrade your home? If you don’t want to put the time or money into buying a brand new home, then consider remodeling or tearing down your existing home. Not sure which is right for you? We’re here to help you figure that out. Not everyone is familiar with the ins and outs of remodeling and tearing down and that’s okay. We can guide you along every step of the way. Keep reading to learn about the benefits and limitations of remodeling and tearing down…
Remodeling
Remodeling gives you the opportunity to remain in your home but gives you the chance to upgrade the interior, layout, design, color scheme etc… It’s almost like starting from scratch in your own home. If you feel like it’s time to make some changes on the inside or out, here are the benefits of remodeling:
- Increase market value.
- Customize in the comfort of your own home.
- Reduce maintenance and utility costs.
- Feeling cramped? It’s easy to expand.
- Remain in your home while you renovate.
Let’s go over these benefits one by one. By updating your home and seeing it as a long-term investment, remodeling it will only increase its market value because the appeal of the home will go up. If you go with remodeling, you can tear down walls to expand space and create extra room or storage. Customization is important! You want to be able to design something that makes you comfortable and fits your lifestyle. Remodeling can help you do just that. Last but not least, maintenance and utility costs can be lowered. How, you ask? Because doing some replacements on parts and appliances around the house will save you in the long run from having any unnecessary problems.
Limitations:
- Costs could outweigh savings.
- Hiring and finding a contractor can be a task.
- Unforeseen surprises.
As with any home renovation project, it takes time and money to find a good contractor. For some, it might be a task but to try and save money, the homeowner will often get their own hands a little dirty. Of course, you would hope that things run smoothly during the whole remodeling process but there can be surprises. You don’t know exactly what’s behind the walls or near the pipes until you start knocking things down and opening things up. So because of these reasons, the cost could potentially outweigh the savings. Just make sure you are aware of how much the remodel will cost beforehand. How does remodeling sound to you so far? Let’s see what you think about tearing down…
Tearing Down
If you completely want to start over, then tearing down is the way to go. When tearing down a home, you can think of a whole new floorplan or work with home builders that can help you achieve your vision. From the floor to the ceiling and every little detail in between, it’s easy to personalize your home the way that you see fit. Let’s go over some of the benefits as well as limitations when it comes to tearing down your home.
Benefits:
- When you tear down you get to create the look you want.
- Architectural benefits are significant.
Tearing down your home gives the property and the home’s market value a huge jump. Since everything is brand new and custom, the long-term benefits of tearing down are worth it. When having a clean slate to design a house exactly how you want it, the architectural benefits should outweigh any doubts that you might have.
Limitations:
- With tearing down, there’s no turning back.
- Time and money will be spent on the rebuilding process.
Tearing down and starting from the ground up is a big commitment. If this is something that you’re really passionate about and have a vision and goals set in mind for your custom home then tearing down might be the right choice for you. The process of tearing down can take some time and definitely some money but if you are ready to take the leap, Gulfstream Homes is ready to help you build your perfect custom home. We can’t wait to get started on your project. Call (239) 254-1664 or visit gulfstreamhomes.com today.
