Thinking of Downsizing? Why Not Perform a Renovation Instead?

Thinking of Downsizing? Why Not Perform a Renovation Instead?

When the years feel as though they have flown by and the children have finally moved out, most parents will likely want to move out of their homes and opt for something more their size. Is downsizing always the best decision, however? 

Here at iRemodel, we believe that a home renovation can go a long way to transform an old home into something of beauty. Have an extra bedroom? Why not turn it into an office? Maybe you’ve got an extra bathroom you don’t know what to do with? Turn it into a spa! When it comes down to it, the choices are practically endless. To learn about the benefits that renovations come with instead of moving out entirely, check out the information below. 

You Get To Explore Your Creative Side 

While the process of finding the right home for your needs is a more cookie-cutter approach, being given the ability to remodel a home truly helps you explore your creativity. For what may be the first time ever, a remodel opens the door for you to create your dream living space with all of your favourite colours, styles, textures and more. If you’re a lover of a more rustic style, you can transform your home to that of rustic beauty. Maybe you’re tired of the maximalist lifestyle you’ve been living and you’re ready to give all of that up for a cleaner, more serene minimalist style. Regardless of what design approach you are going for, a remodel offers the freedom of being able to transform every visual aspect of your home to your liking. If you happen to be a creative soul, a remodel is likely the best approach for you. 

In Many Cases, Remodels Are Cheaper 

A lot of people assume that undergoing a full home renovation is much more costly than selling your home and buying a new one. Did you know, however, that in most cases this is not true? Some of the reasons why this isn’t include: 

  • Remodels add value: If you ever end up deciding to sell your home after a remodel, you’ll get a lot more money for it than you would if you kept it looking older. 
  • Moving is pricey: While on the surface this process may seem inexpensive, most people don’t think about moving truck costs, mover expenses, fees for storage, prices, packing materials, etc. 
  • Remodels can be funded with home loans. If you’re in need of some extra help, loan options are available so it’s easier on your financial situation. 

Write a List of All The Pros & Cons  

At the end of the day, this kind of life decision is a big one and we here at iRemodel believe it’s important that you do what you truly want to do. If you’re struggling to figure out whether it is best to remodel or to move out, the best way to decide is to take a step back and look at all of the benefits & disadvantages. Write down pros and cons for both options, including the location you’re currently in, your neighbours, your job, etc. and this will better help weigh out which option is best for you. 

Let Our Team at iRemodel Help 

Struggling with a renovation is never enjoyable. What once seemed like an easy project on the surface might have become more than you bargained for. When you are ready to hire some external help and move all of that hard work onto the professionals, let our company here at iRemodel help. With years of experience, our contractors use only the best skills in the field to bring your home improvement dreams to life. To learn more about our renovation services and how a custom home builder in Toronto from our team can help your renovation succeed, be sure to call us at (416) 825-2542 today!