Things to consider before selling or renovating.
Scale: Assess the size of the rooms and transitional spaces in your home like hallways and stairways. If you were to add space onto your home, is foot traffic able to flow there freely? Is the amount of space you need to add proportional or does it feel out of place?
Location: Consider the implications an addition will have on your lot. Will adding space to the home ultimately jeopardize what you love about the property? Or is it worth the sacrifice to keep your favorite neighbors or the view out your front window?
Do you like the idea of remodeling? While your home might have the potential to be everything you need and more, the path of renovation is not for the faint of heart. Take inventory of where you are with the process and your tolerance for dust and debris. If you’re indifferent to the details, a finished space you can “try on” for size might be the easier way to get what you’re looking for.
The truth is, there are measurable costs associated with both avenues. If you’re grappling over whether to love it or list it, simplify your thinking and assess the point above. The answer isn’t as complex as you think.