Should You Get a New Home or a Home Addition?
Add On or Buy a New House? In Today’s Blog, We’ll Discuss the Benefits of Home Renovation vs. Buying a New Home
The problem with attempting to find a forever home is that you and your household might not remain static for years and decades to come. You might decide to have kids, or you might take in a friend who needed a place to live. You might take up a new hobby and discover that you need space to pursue it in your home.
So what’s the solution? Do you find a new home? Or can you add space to the home you already have and love? In today’s blog, we’ll break down all the pros and cons of addition vs. new house and whether or not it’s worth adding on to your home.
The less drastic option when you need more space is to add on to your current home. This would allow you to stay in the home where you’ve already made your life while still having the space you need for the life you live now. Depending on zoning laws and building regulations, you can build out, build up, or even add a basement to your home, so your change can be specific to what you need. Always check with a home addition contractor before you begin so you know what you’re able to do.
Home Addition Pros
- Less expensive to add on vs buy a new home
- Allows you to stay in your home and avoid moving
- Customizes the change to specifically what you need
- You can keep all the things you love about your current home
Home Addition Cons
- Might be blocked based on zoning or building laws
- Would have to live through construction or find a temporary lodging situation
- If location is an issue, home addition will not change that
Buying a New Home
Sometimes it seems as though you might need the big change. Typically, if a homeowner chooses to buy a new home instead of simply adding on to it, it comes down to an issue of more than space. Maybe you’re looking for a fresh start, or maybe you need a new location. This is a bit of a dramatic choice but might not be the wrong choice for everyone, depending on your situation. However, if you’re hoping to avoid remodeling, keep in mind that a new home may need to be remodeled, as well.
Buying a New Home Pros
- You’ll get money from selling your current home to help with costs
- Allows you to move to a new location if need be
- Good for a fresh start
Buying a New Home Cons
- Both buying a home and moving costs are expensive
- Uproots your family and household
- May still need to remodel when you move into the new house
- The hassle of moving itself
Addition vs. New House: Conclusion
So with all that done, what’s the best choice for you and your household? The truth is it depends. In some cases, it might be better to move to a new home while in other cases a home addition will do.
What is clear, however, is that home additions are the best choice when the main issue is simply needing more space to adjust your lifestyle. A home addition will cost less and be less hassle for you and your household, especially when done by a remodeling professional. It’s simply a matter of making sure the home addition you want fits within the building and zoning codes of the area, which your remodeling professional can help ensure.
On the other hand, if the location of your home is an issue, or if you’re unable to make the home additions you need on your current home, one option might be moving. You may still need to do some remodeling once you reach your new location, but this choice will work should home additions not be possible. Moving is a pain for anyone, and we all want to find a home that we can eventually stay in for most of our lives. The right remodeling professional can help you adjust your home to suit your changing lifestyle so you can stay in the place you love and still have everything you need. Contact MBC Remodeling today to learn more about our home addition services or to set up a free consultation.