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Home Special Sections Relocation

Should I Move or Remodel?

June 4, 2019
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by Tom Reilly, Principal & CEO, Renovations

Always a tough question. There is, of course, the financial consideration that we will cover. However, and more importantly, there is the emotional consideration. This can be a powerful component of your decision-making process.

Let’s start with a few steps you can take to sort through all the ingredients needed for an outcome you can enjoy.

Sit and think (with your mate, significant other) of at least five things you like about your current residence. Then list five aspects of your current residence you do not like.

Do you have aging-in-place concerns? Are mobility issues present or looming?

At this point it would be wise to at least have an initial consult with an architect or contracting professional with remodeling experience. They can help you examine possibilities in your home and even give you some idea of project costs.

Don’t use this information to decide, though, you are only halfway there.

Now list five towns or neighborhoods you would like to live in and why. The “why” is important. Once you have done this, now it’s time to explore the current inventory of homes in those areas.

Pricing is important. You will need to know what your current home’s value is on the market and have a budget for what you can afford in a new or established home. For this portion of the work, and it is work, you should consult a real estate professional. A good Realtor will help you navigate these waters.

Collecting the information, you can now sit down and evaluate the decision with empirical data as well as your emotional well-being. Not all decisions in these matters can, or should, be made based on financial information alone.

Generally, you will find that changing your existing living space may be less costly than moving.

But that is not the only issue. I sit down with many people and help them wade through the questions starting with, “We would like to do … What would that cost, is it feasible?”

Give me a call for a no-obligation consultation and let us help you navigate these waters.

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Come & enjoy the local scene in Prescott Arizona!

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Prescott Living Magazine
17 hours ago
Prescott Living Magazine

Did you know that the 'Tis Art Center and Gallery offers the STEPS Art Education Program for Children? The classes take place in the 'Tis Annex Art Education Building, located at 235 N. Marina St. in Prescott. There are summer programs coming up in June, July, and August. The classes are free and include tuition and art supplies, with class size limited to 8 students. Please visit the 'Tis website for class details.
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STEPS Art Education Program for Children | 'Tis Art Center & Gallery

www.tisartgallery.com

STEPS Art Education Program for Children in the ‘Tis Annex Building 235 N. Marina St. Prescott, AZ 86301 ‘Tis Annex Art Education Building 235 N. Marina FREE art education classes taught by profes...
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Prescott Living Magazine
2 days ago
Prescott Living Magazine

If you love art then downtown Prescott is the place to be today! The Phippen Museum's 49th Annual Western Art Show & Sale is on today from 9-3 at the Courthouse Plaza, and the Off-Street Festival will also be open from 9-3. The community art festival is taking place outdoors behind the Prescott Chamber of Commerce at 117 W. Goodwin St.
The Phippen Museum of Western Art is offering free admission today from 10-3.
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