Should You Sell or Remodel Your Home? | HOME IMPROVEMENT ADVICE

Posted by Berkshire Hathaway HomeServices Texas Realty on Friday, September 6th, 2019 at 4:45pm.

Anything that gets as much use as your home shows wear and tear after a few years. Colors and decorative styles look tired and outdated, or you may need more room due to an addition in the family. So, do you sell? Or remodel and stay?

Ask me to show you homes for sale that have the size, features, and finishes you want, and let me create a comparative market analysis of homes like yours so you’ll know what you can reasonably expect to net if you sell.

You’ll pay about 12% of the sales price and more in closing costs to sell and purchase another home. Moving costs are about $2,300, (if you have four movers at $200 per hour) for an intrastate move and about 7,400 pounds of household goods, according to the American Moving and Storage Association.

If you decide to remodel, make sure your design will meet your needs for years to come. You’ll need the right team - contractors, kitchen planners, and interior designers to help you put it all together. Talk to your lender to learn how much you can borrow and if that sum will help you meet your remodeling goals.

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