If you have recently noticed that it seems as though you are outgrowing your current home, you may be wondering if the time has come to possibly either remodel your existing home or consider building a new home. Much can be said for both possibilities and a variety of factors will determine whether remodeling or building is the best option for your needs. You may find that remodeling your Austin home may be a better option in the following situations: You love your current neighborhood You enjoy your current home with only a few exceptions You have established an emotional attachment to your home Property values in your neighborhood are on the rise Your home has not yet attained peak value for the neighborhood There may also be situations in which custom home construction is a better option, such as: Lots are available in a neighborhood or area you like The cost of remodeling your current home would exceed its resale value You have a desire to live in a home with unique amenities or a special view that is not afforded by your current home If you still find that you are not able to determine whether it is time to remodel or build, it may be time to do some research regarding the trends in your current neighborhood. Review the values of homes near your home. If you discover that your home is already priced near the top of the local market, it is quite likely that you would not be able to recoup the cost of a large remodeling project. In such a situation, it would make sense to go ahead and sell your home and begin consulting with a custom home builder in Austin. It should be kept in mind that while building a home can provide enormous benefits, it also requires research in order to ensure that all of your needs are met. Begin by analyzing your family’s current needs in regards to location, space, hobbies, lifestyle, and commutes. What type of community or neighborhood appeals to you? What types of trends would you like to see
Another option that I've seen around here where home owners need more space, but can't recoup their costs by selling their house is to build up on their house or put an addition over the garage. A bigger deal than remodeling, but a way to expand living space while remaining in their chosen neighborhood. In the last two years, three houses have added a second floor on one block near one of our apartments.
