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SHOULD I MOVE OR REMODEL?

November 10, 2023

THE ULTIMATE CHECKLIST FOR YOUR NEW HOME ON THE MISSISSIPPI GULF COAST

You’ve spent countless years creating cherished memories in your home, but now you find yourself at a crossroads. The question arises: should you invest in a brand-new home or embark on a remodeling journey? Your decision hinges on various factors, especially considering the unique charm of Gulfport, MS, where coastal living and a lower-than-average cost of living promise a fantastic quality of life.

CONSIDER THIS CHECKLIST WHEN DECIDING TO BUILD OR REMODEL YOUR HOME ON THE MISSISSIPPI GULF COAST:

Space Matters:

• Evaluate if your current home meets the space needs of your growing family.
• Opt for a custom-built home to tailor the floor plan to your family’s requirements.
• Explore options to add square footage through an addition or efficient layout reconfiguration, adhering to local regulations.

Budget Wisely:

• Determine a realistic budget that aligns with your comfort level.
• Assess the potential changes or additions to your existing home within the budget.
• Consider the duration of your stay to calculate the return on investment.
• If remodeling is your choice, obtain multiple quotes and establish a contingency fund for unforeseen expenses.
• Consult a REALTOR to assess your home’s market value and weigh it against the costs of building new.
• Factor in energy and insurance savings associated with a newly constructed home, along with the inclusion of optional upgrades.

Emotional Connection:

• Reflect on your family’s emotional ties to the current home and community.
• If there’s a strong connection, remodeling may be the ideal choice.
• A significant remodel can enhance both the aesthetics and functionality of your home.

Timeline for Remodeling:

• Understand that remodeling demands time, energy, and patience.
• Consider the impact on daily life, especially if living in the house during renovations.
• Plan for the duration of specific projects, such as a kitchen remodel, which may take up to six months.
• Engage the family in discussions about the changes and potential inconveniences during remodeling.
• Assess whether building a new home offers your family a more streamlined and efficient alternative.

In summary, the decision to move or remodel warrants careful consideration of the factors we’ve explored. Take the time for thoughtful reflection and create a comprehensive list outlining the advantages and drawbacks of each option. Additionally, bear in mind that the Mississippi Gulf Coast, with its distinctive blend of coastal living and a cost of living below the national average, provides an ideal backdrop for realizing your dream home.

Categorized in: Tools & Tips

This post was written by Acadian Homes