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Advice from a home remodeling service: do you remodel or sell your home?
February 11, 2021 at 7:00 AM
Advice from a home remodeling service: do you remodel or sell your home?

After you’ve spent a number of years in a home, the same old walls can start to feel a little stale. Feeling the need to move or remodel is totally normal. However, both come with tremendous costs. At Protector Construction, we want to help you make the best decision for you and your family. Keep reading to see if hiring a home remodel service or selling your home is right for you.

Costs to remodel

Permits

Anytime you remodel or add to your home, you need to acquire the necessary permits from your local government. This ensures that everything you’re doing is in line with building codes and safe. Remodeling without a permit can lead to a bank revoking your funding or doing the same to a future buyer.

Designs

Even if you know exactly what you want to do to remodel your home, it takes a professional to draw up the designs. Hiring a home remodeling service to complete the designs will make sure that everything about the structure of your home is taken into account from load-bearing walls to electrical wiring. This can ultimately save you money on additional costs from work that wasn’t done right the first time or planned on to begin with.

Materials

Building anything requires materials. A remodel or addition is no different. It doesn’t matter if you’re simply adding a fresh touch with new furniture and appliances or adding a new room to the back of your home, you’ll need to account for the costs of the remodel. It’s important to account for the proper amount of materials when budgeting for a remodel.

Labor

Unless you’re doing the work yourself, it costs to hire somebody to do it for you. While this can be an expensive part of your remodel, it can also save you money in the end by having an expert get the job done. A professional home remodel service will get the work done right the first time and save you from having to pay for a second try.

Costs to sell

Agent commission

Hiring a real estate agent to help with your sell and buy a home makes the process much easier than doing it yourself. Although, with a real estate agent comes commission costs. Typical commission rates run at about six percent, which is $21,000 on a house that costs $350,000. These costs can be significant and accumulate quickly.

Minor repairs

Whether or not you want to remodel your home, there’s a chance that you’ll need to make some minor repairs to get your home in proper selling condition. These can be small repairs that include patching up holes in walls to entirely replacing your roof. Consider potential repairs when it comes to preparing to sell.

New home

Depending on where you are in life, a move can mean buying a bigger home. With upsizing your home comes a higher price tag, which means a larger mortgage payment. A larger home also makes for increased utility bills and taxes.

Moving

Moving from your old home to your new one is expensive. Costs of a moving truck or a moving crew can add up quickly. This is before you even get to paying for enough boxes, packing tape, and everything that it takes to pack specialty items like the China and TV.

Call a home remodeling service

If you decide that remodeling is right for you, call Protector Construction as your home remodeling service. Reach out to our team by calling 301-799-7775 or send us a message using our contact form. We’ll provide you with a free quote to help you get started.