It's a common question for those thinking about moving or remodeling their home. Is it a better idea to remodel or to must sell your Nashville home?
The question requires some thinking to ensure you make the right choice. Sometimes, it's worth it to keep your current home and upgrade each room by remodeling. Other times, it makes far more sense to sell. There really isn't a blanket answer here.
However, if you didn't build a custom home, there's probably a long list of things you would like to change about your current home, especially if it has been several years since you remodeled or bought the home. Here are some of the things to consider before making your final decision.
Are you in Need of More Space?
One of the fastest ways to know if you should remodel or sell your Nashville home is the need for space. If your family is growing or has grown since you moved into your current home, you may have outgrown the size. This can also go the other way if you're children have all left home and you have a four-bedroom house for just you and your spouse.
If the size of your current home doesn't fit your specific needs, you may want to upgrade or downsize. This can be one of the easiest ways to make this decision. Maybe you're currently in a condo and you simply cannot add on to it. Buying a single-family home in Nashville may be the answer.
For those in a single-family home, an addition is an option. However, you may lose half your backyard or it may just not be possible to add on to the home. Make sure you consider this before making your decision to remodel or sell your Nashville home.
Do you Love Your Neighborhood?
Maybe you're in a Nashville neighborhood that has gotten younger as you've gotten older. Now, you have teenagers at home and most of the neighborhood has changed to include families with younger children. There may be a better neighborhood more suited to your needs.
Of course, this is just one scenario and there can be several reasons why your neighborhood may no longer fit your specific needs. Maybe you prefer more amenities than you currently have or you'd just like to be located closer to where you work.
No matter the reason, you cannot change your neighborhood by remodeling. If you're not in love with your neighborhood, it's probably time to find a top Nashville listing agent to sell your home for you.
Do You Really Want a Chef's Kitchen?
Your current kitchen space may not support the type of kitchen you really want. The kitchen is the heart of the home and if it's not large enough to support the type of kitchen you've dreamed of, it's probably time to sell your Nashville home.
Upgrading to a chef's kitchen, even when you have plenty of space can be rather expensive. Make sure you consider the cost and the ROI before committing to this remodeling project. In some cases, it makes sense, but if you simply don't have enough room for the kitchen of your dreams, it's time to move.
Are you Ready for the Suburbs?
If you currently live in Nashville and not in the suburbs, you may want to move to the suburbs. When you're ready to get out of the city and settle in the suburbs, a remodel just doesn't make sense. The only remodeling you should do in this case, would be projects that make sense to get your home sold.
The bottom-line, when it comes to remodeling or selling your Nashville home is where you live and where you want to live. If you have plenty of space and you love your neighborhood, remodeling might make sense. However, if you don't care for the neighborhood, you need more space, or it's time to downsize, it makes more sense to sell your Nashville home.
If you've made the decision to sell your Nashville home, you may still need to do a bit of remodeling. Sometimes, you can spend some cash to make the home look and feel better and it will pay off when you sell. Make sure you hire a top Nashville real estate agent and let them advise you on what you should or shouldn't do to ensure your home will sell fast. Then, you can also let your agent help you find the right Nashville home for you to move into.