If you find that your existing home is lacking in one way or the other, you might find yourself considering a move to a new house that is in line with your needs and preferences. However, before you make a final decision, it’s worth pointing out that a well planned and executed remodeling job might be a better solution.

You can add extra living space in your home by remodeling unused spaces such as the basement or attic, or adding an extra floor; or give your existing home a facelift and make it more comfortably and stylish, through easy to manage and cost effective home improvement projects.

Here are three good reasons why you should avoid the stress and hassle of moving to a new neighborhood by choosing to remodel your existing house instead.

Sentimental Reasons

Homes are not just simple assets. They have a lot of sentimental value; this might be where you grew up, or watched your own children grow up. By moving to a new house you lose important memories created in your current house. If you love your house and treasure the memories it holds, created throughout the time you have been living there, then a remodeling project is a better solution to your issues than moving houses.

Furthermore, moving will take you away from your existing school district, neighborhood, neighbors and friends. If you really love your neighborhood, and don’t fancy the thought of moving you or your kids away from their friends and school, then its best to conduct a home improvement project that addresses your primary issues with the house.

Costs Involved

Moving can be a tiring, costly and time consuming affair. First and foremost you will have to spend time and money looking for a buyer for your current house, and then do the same thing to find a new house to settle in. Agent commissions, property taxes, home inspection costs and insurance costs among others may build up to astronomical levels.

Furthermore, you will need to spend more time and money, packing up all your stuff and moving it to your new house as well. Add in any costs that you might incur in redecorating your new house to match your personal needs and you can see why moving is considered to be a huge undertaking in all regards.

Home remodeling projects can also be quite expensive as well; however, less work is needed to upgrade your existing home’s comfort levels to match your current needs. Furthermore, experienced home remodeling contractors can be able to plan the work in a way that ensures minimal interruptions to your normal life; something that is guaranteed when it comes to moving house.

A Value Adding Investment

Home remodeling projects give home owners the opportunity to increase the value of their property while still living there. Regardless of how the existing property market is doing, you can be sure that a well planned and executed remodeling project will increase the value of your home.

A large proportion of the remodeling expenses including those involving the addition of attic bedrooms, kitchen upgrades, basement and bath area remodeling can be recovered; especially if you plan on living in your current home for a number of years.

Your home is where you shelter your family and personal possessions. Regularly upgrading its condition will not only make it more comfortable for all involved, but will also increase its value as the years go by.

If you are simply considering moving houses to solve an issue that can be easily addressed through a well thought out home improvement project, then the three reasons highlighted above should be enough to help you see why remodeling is the best way forward.