As a homeowner deciding whether to move or to remodel is one of the questions that may come into your mind especially as spring in a new year gets closer.  Making the right choice is both a financially and emotionally difficult decision that can cause a great deal of stress unless you enlist the help of a wise realtor who can assess what you have, what your needs and wants are, and the best plan for your finances.  Let’s look at seven questions that can help you arrive at the best solution for your housing needs at this stage of your life.

1.    Think about what bothers you most right now about your present home.  Is it the noise, the traffic right outside your door, or the absence of light that can lift your spirits throughout the year?  If you’re missing that Carolina room that you want, perhaps you can add to your existing footprint without having to remove walls and undertake a major renovation.

2.     Are you pleased with the way your house sits on your lot?  Maybe you’ve always experienced ground water leaks or your view leaves a great deal to be desired; here in Myrtle Beach there are too many spectacular views for you to remain in your less-than-satisfactory home any longer than necessary.

3.    Consider the neighborhood in which you live.  Are you attached to your neighbors or the memories of raising your children in your current home?  Pleasant recollections can outweigh your option of moving but do consider what would make you happy and try to achieve that goal.

4.    Your stage of life will also make a big difference about whether you should remodel or move.  If you’re going to be in your house for another five to ten years, you can easily recoup the investment in that Carolina room or finishing the basement; if you’re empty nesters, you may be ready to downsize and spend more time engaging in your favorite hobbies rather than taking care of a home that has outgrown you.

5.    Another good idea is to consult with building professionals who can take a look at your home, listen to your plans, and advise you the best plan of action to take for your money.

6.    You then should compare your appraisal and remodeling costs with homes in your neighborhood to see if you are within the limits of your neighborhood so that you won’t over build for the area.

7.    If you’re interested in moving, contact Beach Realty Group so that we can show you what’s available in your price range, the neighborhoods that you may prefer, and the amenities that accompany home ownership in these new communities.

At this stage of the housing game, it’s all about you and what you want or need; with some careful thought and planning you’ll make the decision that suits your lifestyle the best.