Every house owner asks this question one time in their life and is hesitant about which one is suitable. Today in this paper, we are going to answer this question. If you are looking to grow up your family, renovation is the key to the problem. But if you want a smaller house, renovation can not help you anymore. So building a new home is the best way you can choose. Both renovation and building new houses have advantages and disadvantages that we talk about in this paper. A list of reasons that can force you to renovation is provided regarding priority.
you should consider renovation when:
– you love your current home location, and it is not desirable to leave. It is hard to get into the popular neighborhood. So renovation is the best way to alter your house style.
-you have an emotional attachment to your current home, and leaving makes you feel guilty. So if you could bear the bill of renovation, it is the best option.
-your property value is rising in your neighborhood
-you decided to sell your home in the popular area, but it is not in a good situation compared to another neighborhood home. So with the renovation, you could sell your home at the best price and then buy a new house in your desired neighborhood.
-you love the old home character. The new home character is different from the old home. You could renovation your home in old style if you love the old character. It can be costly depending amount of work.
-you have no time for building a new home. Renovation, depending on the amount of work compared to building, take more time.