3 minute read
A Helping House Hunting Hand Always Pays Off
A Helping House Hunting Hand Always Pays Off
By Tim Burch
Despite the recent cold and snowy weather, the spring real estate season will be here before we know it.
We often find ourselves helping house hunters decide whether to stay in their existing home and remodel or buy something new and remodel. The answer isn’t always black and white and often requires a thorough review of the pros, cons, and costs (obvious and hidden) associated with each situation.
The review usually starts with, “Why?” What’s not working in your current home that has you considering a change? While remodeling can address many challenges, it obviously can’t help with things like wanting more property or reducing a commute.
Your decision may also factor in costs for deferred maintenance required before moving, social and emotional ties, a discussion on “over-investing” and much more.
When purchasing with the intent to remodel, most find it helpful to have a clear understanding of costs and feasibility before making an offer. While industry research can provide ballpark estimates for straightforward projects like pull-and-replace kitchens, it’s always best to get specific costs for our market and to confirm there are no extenuating circumstances with a local professional.
If you’re considering a more complicated project, such as reconfiguring the space, addressing repairs, updating systems or adding on, you’ll definitely benefit from speaking with a local expert in advance. While anyone would hate to be the bearer of bad news when something is not possible or costs significantly more than expected, you’re certainly better off knowing this information before the purchase is complete.
Transforming a house into a home can be a significant investment of time and money. If needed, we can talk through your priorities and develop a phased renovation plan that addresses the most important items first. If you’re renovating a new purchase, we can help you decide which renovations need to be made before you move into the home and which ones can wait until after. With the big picture in mind, we can likely find efficiencies for future phases and avoid rework.
And if you’re considering buying a home, we would welcome the opportunity to help you with a thorough remodeling analysis. With reliable information in hand, you can feel confident that you’re making the right decision for your family and budget.
Tim Burch is a vice president and owner of BOWA, an award-winning design and construction firm specializing in luxury renovations ranging from kitchens and primary suites to whole-house remodels, equestrian facilities, and custom-crafted homes. For more information, visit bowa.com.
