10 Oct Building, Buying & Renovating: How to Determine Your Next Move

There are many reasons Quad Cities homeowners choose to make a move. You may have outgrown your home as your family gets larger or you my find an empty nest that’s too much house for you. Other reasons for buying, building and renovating your home may include taking on an aging family member or needing extra space for a home business. Whatever your reason we want to help you decide among building, buying and renovating.

Obviously there’s a lot to consider when deciding how to determine your next move. Things like budget, timeline and other priorities must be weighed before you decide among building, buying and renovating. But if you’re just beginning to sense the change in the wind then now is the time to plot out your next move. 

Building, Buying an Renovating: Which is Right For You? 

The decision to buy a new home, custom build the ideal home to suit your needs or renovate your existing home is a personal one based on your goals today and in the future. We are here to help you make an informed decision. Below are some ways you can zero in on how building, buying and renovating stack up and make the choice that is best for you.

What is The Building Process Like?

Quad Cities homeowners who are looking for a change may consider a custom build. Even if you have all the money and time in the world you have to determine the location of your custom build. For example, do you have property or a parcel of land on which to build your home? 

Land isn’t something you just go out and purchase. You need to ensure it’s a buildable piece of property. Also any utility hookups add to your timeline and your overall cost so consider that as well. Do you want to stay in the same area? Consider things like where your kids go to school, commute to work, proximity to family and other factors that affect your desired location. 

Once you’ve decided on your homesite it’s time to get busy with the home design process. At Seiffert Home Design we can help you build the custom home of your dreams. We even offer our virtual tool so you can do your “walk through” before construction even begins. You’re able to make any changes you want before the building starts, saving you time and money.

One of the biggest drawbacks to a custom build when choosing among building, buying and renovating is the timeline. On average it can take about 10 months for a custom build. There are many variables such as supply chain issues, weather and things that are beyond your control. If your needs are more immediate you should consider your other options. 

Isn’t it Easiest Just To Buy and Existing Home?

When determining your next move it may seem as though going out and finding the right home is the easiest course of action. Building, buying and renovating may all offer solutions but if the need is immediate you may decide buying is the only option. However, before you throw yourself into house hunting here are some key factors to consider. 

• Are there affordable homes in your area that offer what you need?
• Is your new home purchase dependent on selling your current home?
• Is there a good market for home sales in your area?

If the market in your area is slow you may not resolve your home dilemma as soon as you need to. But buying a new home does have its benefits. 

• You don’t need to live through a construction project as you would with a renovation.
• You can usually move in within 30 days.
• If its a brand new home you may get to choose certain aspects of the home’s design such as cabinets, countertops, flooring, light fixtures and paint and wallpaper.

Is An Addition or Renovation Possible?

If your home isn’t quite large enough for your family’s need you may consider an addition. The cost of renovation is far less than building a home but, again, there is much for you to consider. An addition requires sufficient space as well as approval from your municipal or county permitting department, compliance with building codes and, in many subdivisions, approval from your HOA. 

You also need to protect the key elements of your existing home and strive for a seamless design. Don’t deviate from your current aesthetic. You want your addition to appear as though it’s always been a part of your home not stick out like a sore thumb. Consider the resale value. 

When you’re building, buying and renovating you have a budget. In most cases its an estimate as typically unforeseen factors arise that take a bite out of your budget. One aspect of a home renovation that may add to your budget? Housing costs. If you have an extensive renovation planned you may need to make arrangements to stay elsewhere. Benevolent friends and relatives may put you up for awhile but if you need a short-term rental that adds to your costs. 

Discuss Your Options with A Pro

Building, buying and renovating all have their perks. Ultimately it’s up to you and your timeline, budget, preferences and the like. Before you decide contact Seiffert Home Design and let’s discuss your options. We’re the choice for Quad Cities homeowners as we have been for over a century. Trust Seiffert Home Design to help you determine your next move.

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