Are You Better Off Selling or Remodeling Your Home?

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If you’re trying to make up your mind between selling or remodeling your home, the answer depends on what you’re looking for.
If the house is too small for your growing family, you’ll probably want to look for a larger home. If you like the house you live in but it needs updating, remodeling might be the answer.
In terms of remodeling, the best bang for your buck lies with the kitchen and/or the bathrooms. Your budget will determine how much you end up doing.
A full kitchen remodel usually costs between $20,000 to $50,000 or more. A bathroom remodel usually costs between $10,000 to $30,000 or more. The difference depends on how many walls, doors, and windows you want to move, which types of fixtures and appliances you want, and which type of flooring you want. Your biggest expenses are usually cabinets, vanities, and countertops.

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You should meet with at least three contractors to get a feel of how much it will cost.

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Do your research before you meet with a contractor—you should meet with at least three to get a good feel of what it will cost. Labor usually costs the same, so most of the cost boils down to what materials you purchase. Try to compare different makes and models of flooring, appliances, fixtures, etc., to get a good idea.
If you have any questions about home remodeling or you’re thinking of buying or selling a home in our Raleigh market, don’t hesitate to reach out to me. I’d love to help you.