3 Great Alternatives To Moving To A New Home
Americans are somewhat notorious for their high mobility. According to the U.S. Census Bureau, somewhere between 11 and 12 percent of the population moves each year, meaning an average of one move every eight or nine years for the general population.
The reasons for this high rate of changing residences vary, but those related to housing top the list, covering 48 percent of the reported moves. Among the indicated reasons for changing homes is that of "wanting a new or better home." If you are one of those who is unhappy in your current home, but you dread the thought of moving, you may find a facelift or remodeling of your residence a wise alternative.
The challenge for many in making the move-or-remodel decision centers on finances. If you feel you need a major investment in your home without adding to its long-term value, it might make moving a more practical choice. An example of this type of remodel is putting $100,000 or more into a new kitchen. While this may be one of your primary desires, such an investment may yield only 66 percent or less of the cost upon resale.
On the other hand, there are a number of ways to change the look and feel of your home without breaking the bank or making a reasonable return unlikely. Here are 3 practical ways to make your current home more enjoyable and livable:
1. Paint and Powder. Professionals use this term to indicate a full makeover of the surface appearance of your home. If you've lived in one place for several years, simply allowing a head-to-toe refresher of cleaning and painting will create a clean, new sense of the place. By limiting the cost of this project to around $2,500 to $5,000, you will be achieving a fresh look for much less than the cost of even an inexpensive move.
2. Update floors, countertops and walls. Instead of or in conjunction with new paint, you might consider limestone resurfacing of different areas of your home. Instead of a tear-out approach to remodeling, modern techniques allow you to transform tired interior surfaces with attractive stone designs. There are many options for colors, designs and styles. You will also be surprised by the impact of professional marble cleaning and stone polishing. Even taking the simple steps of professional tile cleaning and grout cleaning will often provide a bathroom with a like-new appearance. The costs of these options are a fraction of an actual remodel.
3. Replace older appliances with modern ones. Adding modern appliances in the kitchen, bath, and laundry room are often a great way to dress up your living spaces on a budget. The great added advantage is the energy savings these units bring to your monthly utility bills if your current units are a dozen or so years old. Adding a couple of thousand dollars for a new television and sound system still leaves you with an inexpensive comparison to a full move.
If you're simply tired of your current home and its feel, you may find one or more of these affordable investments more desirable than moving. By planning properly, you will also be adding value to your home for the time you do decide to or have to move. To learn more about remodeling, visit All American Stone & Tile Care Inc.