Is A Major Home Renovation Worth It In The Long Run

Dated: 03/21/2018

Views: 65

Image title

Is a Major Home Renovation Worth It in the Long Run?

   For Buyers, For Sellers, Move-Up Buyers

Last week, we shared 7 Factors To Consider When Choosing A Home To Retire In. For some homeowners, these seven factors can be taken into account with a home renovation, but is it worth it to remodel or change floor plans?

Let’s look at this example.

Let’s say you have a 4-bedroom colonial style home in a great school district. The neighborhood is amazing, and you are very comfortable there, but your kids are all grown up and the original benefits of the home no longer apply.

You’ve always wanted a huge master suite and are considering merging 3 of the smaller bedrooms on the second floor to achieve this dream.

In the short term, you are over the moon excited about your newly renovated oasis.

In the long term, when you go to sell your home down the road, you’ve now taken a 4-bedroom home in a great school district and turned it into a 2-bedroom home. Your pool of potential buyers has shrunk significantly and so has the value of your home (unless you are able to find someone who has the exact needs you have today!).

Why not consider listing your 4-bedroom home now and moving into a gorgeous 2-bedroom with a master suite? Your house can become a home for the next family looking for that perfect neighborhood with a great school district to raise their kids in!

You may even be able to achieve your dream in the same area you love, without having to give up your favorite restaurants and grocery stores.

Bottom Line

If you are debating a major renovation that would change the layout of your home, before you pick up that sledgehammer, let’s get together and discuss the available listings in our area that might meet your needs today!


Blog author image

Charles Juarez

With my expertise in reality for both buying or selling a home in San Antonio, and surrounding areas. You have found the right resource for your real estate needs. Whether you are looking for a new ho....

Latest Blog Posts

5 Tips For Starting Your Home Search

5 Tips for Starting Your Home Search Wednesday, October 17th, 2018  First Time Home Buyers, For BuyersIn today’s real estate market, with low inventory dominating the

Read More

Mission Caliza Springs Video

The Mendez Group, Realtors your New Home Experts! Providing you with New Home communities and staying up-to-date with the San Antonio and Surrounding Markets. Caliza Springs with Texas Homes is a

Read More

Baby Boomers Are Downsizing Are You Ready To Move

Baby Boomers are Downsizing, Are You Ready to Move?Baby Boomers, For Buyers, For Sellers, Housing Market Updates For a while now baby boomers have been blamed for a portion of the

Read More

Caliza Spring By Texas Homes Preview

Caliza Springs with Texas Homes.John and I are visiting this new community this week. 21543 Vista De Cristal SA, TX 78259This 9.9 acre community is nestled in the heart of the Encino Park

Read More