To Remodel or To Rebuild? Why Remodeling Your Home Could Be Your Best Move Right Now (2022)

With an ever-changing housing market and an increase in cost of materials, many homeowners with homes in need of TLC are asking the same questions: 

Is it better to rebuild or remodel my home? Which is more cost effective?

To help answer your question, here are a few things to consider when deciding whether to remodel or to rebuild your home. 

Consider Your Budget

Building a new home is obviously a costly endeavor. A remodel can be costly as well but you may be able to spread the cost of a remodel over time by choosing to remodel one or two rooms of your home at a time. 

Buying or building a new home is something that requires you to have a large budget upfront with upwards wiggle room for incidentals. If your budget is a little tighter, you may be able to plan a remodel that works with your budget by remodeling piece by piece. 

Consider How Long You Will Stay In Your Current Home

If you only plan on remaining in your home for a few years, a remodel may be the best choice. 

If you are remodeling to sell, you may opt to partially remodel or to totally remodel. 

Consider the age of your home and what your goals and intentions are with your current home.. A good home designer can help you create a plan for remodeling that fits within your budget. This is a great way to boost the value of your home and get more out of your investment.

See our blog: Remodeling to Boost Curb Appeal in 2022 (and 4 Design Ideas to Stay On-Trend and On Budget!)

Consider the Current Condition of Your Home 

Building a new home resets your clock for home repairs. Everything in your home has a shelf life, including appliances, paint, insulation, and windows. As a home ages, repairs are often required to keep everything in working order. These repairs are often stacked and things will start to fail, sometimes at the same time. 

Is it a better option for you to make these repairs or to rebuild? 

If your home is aging and you are considering selling, potential homebuyers will factor in the age of the home and may be thwarted by the home built date as they are also factoring in potential future repair costs and how soon things in the home will wear down. 

Alternatively, if you are living in an historic neighborhood, an older build date may appeal to home buyers. Consider your unique situation to determine if the age of your home will help or hinder your sale. 

Consider The Cost of Living Outside the Home if You Choose to Rebuild

Sometimes remodeling is the better option as it allows you the choice to remodel room by room instead of all at once. This allows you and your family to remain in the home while remodels are taking place. If you choose to tear down and rebuild, you will need to factor in the expenses of relocating to a temporary home while the rebuild is completed. This could mean having double bills, property taxes, or at the very least, rent and rental insurance. 

Keep in mind that while remodeling, your home will be a construction zone. Make sure that your choice is safe for any kids and pets in your family. 

We hope these four points will help you in your decision to remodel or rebuild. Whatever your choice, Creative Home Designers can work with you to design a custom floor plan and help you through each step of your remodel or total rebuild. We can even recommend trusted builders in the Norman, Oklahoma City, or Tulsa areas. 

Home remodeling can be a daunting project to tackle. Creative Home Designs is here to help you reinvent your home from floor to ceiling as smoothly as possible. 

During the remodeling process, you and a designer will:

Sit down for a consultation to discuss your vision

Take measurements on-site for your design

Create plans for room addition or home remodeling work

When you've lived in the same house for a long time, you can begin to notice things that just don’t work. If you’re ready to feel inspired and amazed every time you walk in your front door, then contact us today!