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Is it Better to Remodel or Sell?

This is the question that many empty nesters find themselves asking when their last child moves out. Two people in a large four-bedroom house with a bonus room doesn’t seem to make much sense. So do you remodel your home to fit your current needs or do you sell and purchase the perfect home?

When you first purchased your home, you may have considered number of bedrooms, school district, and neighborhood. Remodeling your home may mean combining two bedrooms to create a luxury mater suite, which would seriously damage the value of your home if you eventually decide to sell. Especially if your neighborhood and school district tend to attract young and growing families.

Instead of remodeling, it will probably be a better financial decision to sell now and purchase a home that already fits your needs.

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