When you are unhappy with your current home or are in the market to buy your first home, you’ll often have to make the choice between full home remodeling and new home construction.
If you currently own a home that is just not working for your family, you’ll have to make the decision to either undergo an extensive remodel to make improvements or start from scratch and build a new home entirely.
Similarly, if you are in the market to buy your first home, you have the choice to buy a resale home and remodel it to fit your needs or to build new construction to your own specifications.
Today, let’s talk about the benefits of full home remodeling and new home construction so that you can decide which is better for your individual situation.
Benefits of Full-Home Remodeling
Full-home remodeling offers a few benefits that you may not get from new home construction.
Keep The Aspects You Like
For one, when you opt for remodeling, you get to keep the aspects you like. Maybe you love the layout, but all of the finishings are out of date, or maybe the custom cabinetry is perfect, but the rest of the home needs an overhaul.
Regardless of the overall state of the space you have to work with, remodeling allows you to pick and choose what you change and don’t.
Location, Location, Location
In the real estate world, you’ll hear the phrase, “location, location, location” all the time. This is because the location of your home has a big impact on your day-to-day life. Remodeling is uniquely beneficial when it comes to location.
Homeowners that already have the ideal, convenient location for the things they do every day like work, school, or hobbies, often do not want to give it up. New home construction has limitations on where it can be built whereas any currently existing homes typically can undergo full home remodeling.
For buyers looking for a specific location, remodeling gives you far more options and homeowners already in a great location don’t have to give it up.
Can Be More Affordable
There is a lot more flexibility in the budget you’ll need for full-home remodeling versus new home construction.
This is because with a remodeling you can choose how extensive of a project you take on. If you have a big budget, take the house all the way down to the studs. Trying to make an impact with less? Go with only your must-haves.
With new home construction, a much larger budget is always required due to having to take on the cost of everything from the ground up.
Benefits of New Home Construction
Like full-home remodeling has benefits that new home construction cannot offer, the opposite is true. Below are a few of the benefits unique to new home construction.
Fully Customizable
Though remodeling allows you to change a wide variety of things, with new home construction, the customization options are truly endless. You get to pick everything from the studs to where each outlet is located. If you are looking for a fully customizable experience, new home construction will be a great choice.
Not As Many Unwelcome Surprises
Unfortunately, when you begin remodeling an existing home, there can be several unwelcome surprises. This is especially true in an old home. You may run into termites, water damage, things that are not up to building code, mold, and all kinds of things.
With new construction, you can save the stress about what’s under the surface. The biggest surprise you’ll likely get when building new construction is that something is out of stock.
Everything’s Brand New
Building on the point above, with new home construction, every nut, bolt, screw, plate cover, etc. is all brand new. This means that every material in the home is the same age and an original component won’t have to be replaced a year after you just remodeled. Additionally, you get to have the latest and greatest of everything, not just what you chose to remodel.
Making the Decision Between Full Home Remodeling & New Home Construction
So with benefits that are great in their own way on each side, how do you make the decision? Well, it’s easy, simply assess your situation and see which would be more beneficial based on the most important things to you.
Once, you’ve made your decision, get your free estimate from Bela Development, one of the best full home remodeling and new home construction contractors in Los Angeles.
