The home you bought seemed perfect for your situation a few years ago. Or, it was bigger than you honestly needed so you just moved in and quickly went on with life.
Then things changed, ever so slightly over time or in some bigger ways. Maybe Covid made everything seem harder - you were home more, or even working from home, and spending much more time together. Or you found yourself offering space to your adult daughter who is going back to school, and you never planned on that but here it is. And it's just not working anymore.
Regardless, with interest rates at a recent high, it means that refinancing or taking out a home equity loan may not be in the cards any longer.
What to Do?
Clearly, you have do something! And I get that the most logical next step might seem obvious: you need more space!! It's too cramped. It's creating stress and chaos. You can't find things. You don't have enough private space.
So, you make the decision to add on 500 square feet to create an office and another bedroom.
But I've got a reality check for you... there's a lot more to solving this challenge than just adding more space.
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It's most often NOT about the size or square footage of your home, but about how the space you have works. Or doesn't.
And most of the time, it doesn't work - at least not for you, now.
Most homes, whether new or old, have virtually no thoughtful design or planning on the front-end with respect to efficient and meaningful use of the space.
Either way, addition or remodel, you'll be "living-in" a bit of a construction zone for a while, so what's the better choice?
Hey there. I'm Miriam ~ and I've been doing this my whole life. It's my passion.