Age Old Question: Buy New or Remodel Existing Home?

Your house doesn't have enough storage space, bathrooms, or counter space! Not too mention your kitchen is old, small and poorly ventilated. Now you are trying to decide between remodeling your current home to address some of these needs and buying a new bigger home. This is a question many homeowners find themselves trying to answer. There are a few key factors to consider as you try to decide what will be best for you and your family.

First think about the location of your current home. Do you like this area? Do you have kids in local schools? Is there a low crime rate? If you like your current location, then you need to determine if you are able to buy a new bigger home in this same neighborhood or would you be forced to buy in a different less desirable area? If you can't afford a bigger home in your current area and you want to stay local, then you should consider remodeling/adding more square footage on to your current home.

Another factor to consider when deciding between remodeling and buying a new home is the disruption caused by remodeling. If you are remodeling your kitchen this means you will be without a fully functioning kitchen for a couple of weeks. Even if you are not working in a key area like the kitchen you can still expect disruption from any remodeling project. Construction materials, dust, noise, and additional trash will be sure to accompany any remodeling project. If this doesn't sound like your cup of tea then maybe you should buy a new house and leave the messy, inconvenient remodeling to someone else.

Finances obviously need to be taken into account when making such a large decision. If you don't have the cash on hand then you might want to tap into your home's equity. When remodeling you can leverage the equity you have in your home to pay for the upgrades. If don't have a strong equity position in your current home you might be better off selling you home and buying a bigger home for a similar price in a less desirable neighborhood.

When thinking about adding more square footage to your existing home you need to consult your local zoning laws. In some areas you might not be able to add-on due to zoning laws so be sure to do your research before starting construction.

All of these factors need to be considered before making a decision on whether it makes more sense to remodel your current home or buy a new home. The home is often our largest investment so when making decision about remodeling or buying a different house it is important to consider all factors.

This article was written by Gregg Hicks of http://www.reliableremodeler.com which provides Internet-based home improvement information and services. Offering homeowners a simple, quick, and free way to access, qualified home improvement remodeling contractors.

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table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.google.com/hostednews/ap/article/ALeqM5j7wwVpEOFjZVm9gar37DjIlOKZHQD94HJDSO0cid=1271505099ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNF8S7WsR1fNatoda8M61tUuN291DQimg src=http://news.google.com/news?imgefp=ofcEJDRfj_0Jimgurl=www.google.com/hostednews/ap/media/ALeqM5iXWh2ZPB5UrSukNE196tj-yWfxGg width=80 height=48 alt= border=1brfont size=-2The Associated Press/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.forbes.com/feeds/ap/2008/11/19/ap5716515.htmlcid=1271505099ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNFXbZ68X2rMfx5yBT0d_ocTzDVDzQbHome improvement/b retail sinks on data/abrfont size=-1font color=#6f6f6fForbes,nbsp;NYnbsp;-/font nobrNov 19, 2008/nobr/fontbrfont size=-1AP , 11.19.08, 03:13 PM EST Shares of bhome improvement/b chains dipped Wednesday after the federal government said construction of new homes and apartments b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.google.com/hostednews/ap/article/ALeqM5jtS64arshpHjuVp71E2xh2I1oFlAD94HJRQ80cid=1271505099ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNHUhP85U5WAZFq48HWNy86lrptVHgHow bhome improvement/b chains fared in 3rd quarter/a font size=-1 color=#6f6f6fnobrThe Associated Press/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://online.wsj.com/article/SB122700622155236933.html%3Fmod%3Dgooglenews_wsjcid=1271505099ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNGdFdDkGkcPP8o7BCXToPWLNKvkywbHome/b Depot Posts 31% Fall in Net Income, Cuts View/a font size=-1 color=#6f6f6fnobrWall Street Journal/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.ajc.com/services/content/business/stories/2008/11/19/hdearnings.htmlcid=1271505099ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNFlUcWDqvTUYT8qvgZD5zdgVLFbQgTough economy takes toll on bHome/b Depot/a font size=-1 color=#6f6f6fnobrAtlanta Journal Constitution/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://money.cnn.com/news/newsfeeds/articles/djf500/200811181124DOWJONESDJONLINE000442_FORTUNE5.htmcid=1271505099ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNFJSZC185wqwKBxZAt0lbHJEU_gwQnobrCNNMoney.com/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaozxZr.NRd1Q%26refer%3Dhomecid=1271505099ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNEOiRxvX3kOnk32PDukxbF9trsNpwnobrBloomberg/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1271505099hl=ennobrall 523 news articles/nobr/a/font/div/font/td/tr/table
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table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.forbes.com/feeds/ap/2008/11/19/ap5717534.htmlcid=1272369638ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNG2CLcicbhivpQgOagC6IC5vXxLiwSector roundup: Solar, bhome improvement/b/abrfont size=-1font color=#6f6f6fForbes,nbsp;NYnbsp;-/font nobrNov 19, 2008/nobr/fontbrfont size=-1CHICAGO (AP) - Shares of bhome improvement/b chains dipped Wednesday after the federal government said construction of new homes and apartments slowed at a b.../b/font/div/font/td/tr/table
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://articles.lancasteronline.com/local/4/230427cid=0ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNHcDpNUwGVZph_7_An8SY8_DOchNwTHE GOODS ON bHOME IMPROVEMENT/b: A sturdy shovel for winter#39;s fury/abrfont size=-1font color=#6f6f6fLancaster Newspapers (registration),nbsp;PAnbsp;-/font nobr8 hours ago/nobr/fontbrfont size=-1By ALAN J. HEAVENS / McClatchy-Tribune, Correspondent It#39;s never too early to think about snow removal — more than a few flakes fell in the Poconos recently b.../b/font/div/font/td/tr/table
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.ledger-enquirer.com/living/home/story/516062.htmlcid=1272575338ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNHHvMZX1kSGGM3djm8SQV9H4LjweAbHome improvement/b Qamp;A/abrfont size=-1font color=#6f6f6fColumbus Ledger-Enquirer,nbsp;GAnbsp;-/font nobr9 hours ago/nobr/fontbrfont size=-1(Want Alan J. Heavens#39; advice on a bhome/b-bimprovement/b project or purchase? E-mail him at aheavens@phillynews.com or write to him at The Inquirer, Box 8263, b.../b/font/div/font/td/tr/table
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table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Economic-Downturn-Sparks-New-Home/story.aspx%3Fguid%3D%257BA60EF71D-11CC-45D5-A243-571D710137FC%257Dcid=1271847964ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNFlCKDMPvXekHASnuyKboB4ps3_MwEconomic Downturn Sparks New bHome Improvement/b Trend/abrfont size=-1font color=#6f6f6fMarketWatchnbsp;-/font nobrNov 18, 2008/nobr/fontbrfont size=-1With the harsh reality of uncertain economic times, and the average consumer shouldering $10000 or more in credit card debt, a new trend in bhome improvement/b b.../b/font/div/font/td/tr/table
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Raven-Industries-Announces-Higher-Sales/story.aspx%3Fguid%3D%257B1BA178E1-9C91-4BFA-B10D-494DE6691AF2%257Dcid=1272543844ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNFdrPO_KK3o14CbBGqhlsSH0H6CdARaven Industries Announces Higher Sales and Earnings for Third Quarter/abrfont size=-1font color=#6f6f6fMarketWatchnbsp;-/font nobrNov 19, 2008/nobr/fontbrfont size=-1quot;These include lower levels of new bhome/b construction and bhome improvements/b negatively affecting our bed-control deliveries, and the loss of a significant b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.earthtimes.org/articles/show/the-home-depot-announces-third-quarter-results,626185.shtmlcid=1272543844ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNFOWB4M-8jvdCebr1gAR55S1q_ZcQThe bHome/b Depot Announces Third Quarter Results/a font size=-1 color=#6f6f6fnobrEarthtimes (press release)/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://seekingalpha.com/article/107149-the-bon-ton-stores-inc-f3q08-qtr-end-11-01-08-earnings-call-transcriptcid=1272543844ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNHtsSIIdOAncLzHcXDelBRme47c8AThe Bon-Ton Stores, Inc. F3Q08 (Qtr End 11/01/08) Earnings Call b.../b/a font size=-1 color=#6f6f6fnobrSeeking Alpha/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.streetinsider.com/Press%2BReleases/The%2BBon-Ton%2BStores,%2BInc.%2BAnnounces%2BThird%2BQuarter%2BFiscal%2B2008%2BResults/4181107.htmlcid=1272543844ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNEZLjoMTQ1qDA9UKH8R5OS5oAcVfAThe Bon-Ton Stores, Inc. Announces Third Quarter Fiscal 2008 Results/a font size=-1 color=#6f6f6fnobrStreetInsider.com (subscription)/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.sunherald.com/prnewswire/story/965427.htmlcid=1272543844ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNEdlPhjkbF0XPH2kSoUS0SkzKrgvQnobrSunHerald.com/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://seekingalpha.com/article/106898-semtech-corporationf3q09-qtr-end-10-26-08-earnings-call-transcriptcid=1272543844ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNGxYYIiKi1dcb309FiNxTRmc3hgGgnobrSeeking Alpha/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1272543844hl=ennobrall 517 news articles/nobr/a/font/div/font/td/tr/table
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.canada.com/topics/technology/science/story.html%3Fid%3Db17acc1e-9c12-4d05-a2a6-c2996dbbc605cid=1268763125ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNF-yblgbdAwYW48rUtoYIM7IiKfJgimg src=http://news.google.com/news?imgefp=cJktSRkS07YJimgurl=a123.g.akamai.net/f/123/12465/1d/media.canada.com/reuters/olusscience_iptc/2008-11-17t012714z_01_btre4ag041k00_rtroptp_2_science-us-space-shuttle.jpg%3Fsize%3Dl width=80 height=80 alt= border=1brfont size=-2Canada.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Das5cETuLwcJY%26refer%3Dhomecid=1268763125ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNFoxyPSD3tQps0LNqEnqwuWW55aigEndeavour Docks at Space Station on bHome/b-bImprovement/b Mission/abrfont size=-1font color=#6f6f6fBloombergnbsp;-/font nobrNov 16, 2008/nobr/fontbrfont size=-116 (Bloomberg) -- NASA’s space shuttle Endeavour docked with the International Space Station today just after 5 pm New York time on a bhome/b-bimprovement/b b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.youtube.com/watch%3Fv%3DEsZZUdzL-Vscid=1268763125ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNGtGl9xBVa6R5SdGWzPJT0dq1bfDAVideo: Space Shuttle Endeavour Blasts Into Night Sky/a font size=-1 color=#6f6f6fnobrAssociatedPress/nobr/fontobject width=448 height=356param name=movie value=http://www.youtube.com/v/EsZZUdzL-Vs/paramparam name=wmode value=transparent/paramembed src=http://www.youtube.com/v/EsZZUdzL-Vstype=application/x-shockwave-flashwmode=transparentwidth=448height=356/embed/objectbr/fontfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.spaceflightnow.com/shuttle/sts126/081113preview/cid=1268763125ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNFSo0sOyg4SfuRXkPANIEGfOTvelQEndeavour to launch on #39;bhome improvement/b#39; flight/a font size=-1 color=#6f6f6fnobrSpaceflight Now/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://en.rian.ru/world/20081117/118345969.htmlcid=1268763125ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNHDkPsla1_XimuR7hK3OJDfgclGnQShuttle Endeavour docks with ISS on #39;bhome/b-bimprovement/b#39; mission/a font size=-1 color=#6f6f6fnobrRIA Novosti/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://news.theage.com.au/world/shuttle-endeavour-set-for-home-improvement-mission-20081115-67gz.htmlcid=1268763125ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNFSQVS-nUJbcnj-LZ8VhmeWd2fGLAnobrThe Age/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://english.eastday.com/eastday/englishedition/node20676/userobject1ai3984608.htmlcid=1268763125ei=OgImSfO1CpCA7QP5s9S5Awusg=AFQjCNFazwxe-HzYQInpkjIYRQo0dwp6sgnobrEastDay.com/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1268763125hl=ennobrall 5,713 news articles/nobr/a/font/div/font/td/tr/table
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