Should You Remodel or Build?
“Should I build a new home or just renovate my current one?”
Jordan Morrissey Interior Design gets asked this question a lot. Homeowners come to us wondering whether or not building new is the right choice and vice versa. When posing this question, the one thing to keep in mind is that each situation is unique, and several factors go into making this decision.
But you don’t have to make them alone! We will gladly help guide you through the process. Regardless of what route you take, we have years of experience in remodeling homes and assisting residents with the design of custom-built homes.
Custom built home in Zionsville, Indiana
What’s the difference between remodeling and building new?
Building a new home is exactly what you’d expect. You work closely with a builder, an interior designer, an architect, and any other local authorities that need to be involved. Throughout this process, you get to customize your entire home and layout. Customization includes everything from the flooring to the cabinet hardware. Working closely with your interior designer helps you make decisions along the way. It’s easy to get overwhelmed by all your choices, so it’s our job to help widdle things down while still creating a cohesive feel throughout the new home.
When you remodel your home, you simply choose to change what you already have. A home renovation can cover everything from a single room to an entire floor. One of the most heavily requested remodels in existing homes is the kitchen. So, if you love your home and the only thing missing is a great kitchen, we’ve got you covered! We specialize in kitchen remodels, so we know how to transform an existing space into something entirely new.
What are the pros and cons of building a new home?
Building a new home takes a lot of planning and decision-making. You might initially love the idea of customizing every room in your home, but it’s easy to get overwhelmed. So, it’s important to weigh all the pros and cons of building a new home.
Pros:
Everything is brand new and under warranty.
Minimal repairs are needed.
You can incorporate sustainable practices and materials.
You can add more technology to your home.
The possibilities and ideas are endless.
Cons:
You have to adhere to area building codes.
The process is often dependent upon weather conditions.
Environmental factors have to be considered and planned for.
You need to be aware of neighborhood restrictions or guidelines for new homes.
Considerably more expensive than remodeling.
What are the pros and cons of remodeling your existing home?
Remodeling is a great option if you have a small budget. It’s also ideal for homeowners who don’t want to move or simply want to make their current home fit their needs. Still, remodeling comes with its own set of challenges and benefits that you need to consider before moving forward.
Pros:
You increase the value of a property you already love.
You can “reset” the age clock of your home with a remodel.
Best for small-scale upgrades.
It can be done room by room or all at once.
Projects typically don’t take as long as building a new home.
Cons:
Unexpected challenges can arise and throw your budget off.
It can make your home feel like a construction zone.
Clean-up can be challenging.
Hazardous materials may need to be removed, depending on the age of your home.
Changes are limited to the space you have.
How long do you intend on staying in your home?
Life can take so many twists and turns, and it’s not out of the question that you might find yourself in a new city or state one day. Or you might find yourself in the boat of needing to sell. If your future is uncertain, but you still want to take advantage of home equity and value, then remodeling your existing home could be the answer. But, if you want to build your dream home, then you already know the answer. Still, the length of time you plan on staying in your home could impact whether or not you build new or remodel.
Are you ready to take the next step?
If you’ve decided the path you want to take, then it’s time to get in touch with us! Jordan Morrissey Interior Design serves residents throughout Boone and Hamilton County, IN, and we’re here to help you! Our mission is to help homeowners create spaces they love, regardless if they choose to remodel or build a new home. So, contact us today, and let’s get started!