As families grow and times change, a common feeling can arise of wanting to upgrade to a larger home that fits your growing family or to a new home that fits the latest trends in the housing market. The struggle comes when you have fallen in love with your current home, especially if the home carries sentimental value such as being the first home you have purchased, or a home that has been passed down through your family for generations.
Does it make more sense to move to a new place, or remodel your current home to fit your needs? The following are statistics and considerations to take into account before making a move:
When looking to the market to purchase a home, homeowners expect to pay hundreds of thousands of dollars, plus any fees associated with updating your current home and prepping the home to put it on the market. Then there are storage unit costs during the transition period, moving truck costs and more. In addition to all of this, a 2017 Houzz study found that “renovators who bought their first home in 2016 spent $33,800 on home renovations, on average.”
When completing a remodeling project instead, homeowners can expect to spend far less than the cost to move.
Source: 2017 Houzz & Home Report
Source: HomeAdvisor’s 2017 True Cost Report
It can be difficult to find the perfect home that is on the market ready for you to purchase at the exact time you’re looking. If you do find a home you’re interested in, the next steps and decision-making process can be a quick (and stressful) turnaround. Depending on just how quick the turnaround, temporary rental situations might be necessary. Homeowners control renovations much better than moves, as projects can be planned and completed according to your wishes, on your desired schedule.
In 2016, the average interior remodel ranges from four to eight months (Houzz).
One of the biggest factors to why homeowners choose to remodel instead of move is due to the ever-growing Aging-in-Place trend. Whether because of the great community they live in or because of the sentimental value the home has, homeowners are deciding more and more to remain in their home as long as possible. According to a HomeAdvisor 2016 Aging-in-Place Report, 61 percent of homeowners 55 years old or older plan to stay in the home indefinitely.
Source: HomeAdvisor’s 2016 Aging-in-Place Report
Source: 2017 Houzz & Home Report
As detailed in the above chart, the majority of 2016 renovations came from those who are long-term homeowners of six or more years.
From small remodeling updates in one room to large remodeling projects across the whole home and expansion, Wineteer Construction is your go-to source for professional remodeling help.
87 percent of homeowners chose to hire professionals to complete renovations in 2016 (Houzz).
When you work with Wineteer Construction, our team of experts will discuss all your wants, needs, goals and objectives.. Then we will discuss your budget and prioritize accordingly to make sure your project is “Planned Right. Priced Right. Done Right.”
Contact us for more information and to schedule an appointment!
In order to continuously improve as a company and benefit our customers, we need to know how we’re doing. In celebration of Get to Know Your Customers Day, we’d love it if you could take a moment to share your experiences with Wineteer Construction.
Thank you in advance for your ratings and reviews:
Connect with us to schedule your next remodeling project. Planned Right. Priced Right. Done Right.
There’s no doubt your kitchen remodeling project will bring great value and return on investment (ROI). According to the 2017 Cost vs. Value Report, Kansas City homeowners spend on average $64k for a midrange kitchen remodel and $126k for an upscale remodel. The great news is that approximately 65 percent of the costs are recouped when selling your home. Now that’s big value!
If your kitchen could use an update of any caliber (mid-range, upscale and everything in between), we’d love to work with you! Wineteer Construction has three decades of experience in the home remodeling industry, and our team of experts is sure to keep your projects “Planned Right. Priced Right. Done Right.” Contact us to schedule an appointment.
Have you seen Mike’s last appearance on KC Live continuing the conversation of Hanley Wood’s Home Remodeling Cost vs. Value? Watch it here >
UPDATE: Mike Dodd’s next appearance on KC Live will be tomorrow, June 16 at 10 a.m. CT! He will focus in on how you can be sure you’ll get the home remodeling projects will be “Planned Right. Priced Right. Done Right,” with Wineteer Construction, so be sure to tune in!
Connect with us for more information on how you can make sure you get the best quality and value for your home remodeling projects.
Whether your summer get-together plans are outside on the back patio/deck to enjoy some sunshine, or escaping inside to keep cool, make sure your home remodeling to-do list is complete! With the first day of summer just around the corner, check out the following 2017 trends in home remodeling projects to prepare for:
Make your room feel even larger with an open ceiling, allowing guests to feel welcomed and free to move around easily.
Create more space for people to comfortably gather and connect.
Create a simple, yet elegant outdoor space with natural surroundings allows for guests to enjoy the view and relax!
Let the sunshine in! Provide ample windows that allow for natural light creates a vibrant, comfortable atmosphere.
The front door is your guests’ first impression of your home. Create an inviting atmosphere the moment they arrive!
Ready for your home’s summer “touch-up?” The experts at Wineteer Construction are here to help. Planned Right. Priced Right. Done Right. We work with you to help keep your next remodeling project on the Right track.
Contact us to schedule a consultation today!
We are excited to take part in Earth Day through our remodeling projects!
How you may ask?
Take part in the initiative and use Wineteer Construction for your next home remodeling project!
…That are timeless. Check out what Mike Dodd has to say about home remodeling on Youtube in his latest commercial. View the commercial:
Mike Dodd holds three NARI certifications: Certified Kitchen and Bath Remodeler (CKBR), Green Certified Professional (GCP) and Master Certified Remodeler (MCR). Only two others hold the MCR distinction in the Kansas City area!
Connect with us and get ready for an entirely new and unique experience in home remodeling!
There are many things to consider when choosing the right contractor for a remodeling project. President and CEO Mike Dodd highlighted how to choose when he was on KC Live last week.
His top five considerations:
Happy first day of spring! We hope you are excited for warmer weather and outdoor activities like gardening, sunbathing and sports on the lawn with your children.
Even if the April showers come, we know that means May flowers are soon to follow. Enjoy the season even more with a newly remodeled outdoor patio. From designing decks to screened-in porches, we can do it all! Check out more of our projects to spark your imagination.
Contact us today to schedule an appointment with our team of certified remodelers!