Home Improvement and Remodeling Is Far Better Than Moving in Most Cases

Deciding whether to remodel or move to a new home is often a matter of common sense and economics. A price comparison of homes and the money spent should be done before an investment is made on an existing home.

Crystal Lake, United States - December 10, 2018 /PressCable/ —

In the last few decades, the average American homeowner has been biting their fingernails over the crucial decision to relocate to a new home, or spend their hard earned money modernizing their current residence.

A decision made even more stressful in recent years due to the economic uncertainties.

Now, with a steady record of stabilized growth in our economy the answer is clear to most that staying loyal to the old homestead is a viable economic choice for them and their families.

In an attempt to avoid the necessary hassles of moving such as, looking for new schools, creating a new budget, maybe even paying higher property taxes, or even a higher mortgage, American homeowners are choosing to keep their existing home and begin performing improvements and upgrades that they feel will meet their growing, and changing needs within the household.

Cliff Jackson, President of Jackson Exteriors had this to say about homeowners giving their homes a facelift, “The exterior maintenance of millions of homes has been deferred during the last several years of economic uncertainty. Homeowners are increasingly “staying in place”. The evolving trend is toward “improving, not moving”.

Not to say that remodeling a home doesn’t come without its trials. There will likely be unexpected costs regardless of how carefully a homeowner reviews estimates and budgets. It’s just the nature of the beast and one should always plan on overages and unexpected expenses.

The work can be trying and difficult, especially when the homeowner plans on doing it themselves and have little experience in construction. Cliff goes on tom say that; “Many times they can lose money when trying a do it yourself project because they spend time and money and never gets it finished and then has to bring in a contractor to finish or start all over.”

There’s also the possibility that more money can be invested into remodeling that can never get back in the short term. The typical rule of thumb is that kitchens and baths are easily regained in the short term, but roofs and siding will take a few years if the house is going to be sold. Checking comp sales and asking contractors for their opinions often can give a homeowner enough information to make an informed decision.

Here’s a Simple Rule of Thumb Whether to Stay or Move

Cliff Jackson explains it to his customers like this, “Take a look at what you think your life will look like in ten years. If it looks like the environment will still be working for you and your loved ones, then why not re-invest in the family home? But, if you’re in a starter home, or one that just never quite felt right, or you’ll outgrow in a few years, then moving could be a better option than getting stuck with a huge project that may not provide you with the end result you were hoping for.”

The key to a successful remodel is choosing the right contractor, the right materials, and setting the right budget.

Contact Info:
Name: Cliff Jackson
Organization: Jackson Insulation & Exteriors Co., Inc.
Address: 4508 East Crystal Lake Avenue, Crystal Lake, IL 60014, United States
Phone: +1-815-459-7444
Website: http://jacksonexteriors.net/

Source: PressCable

Release ID: 455408