Should you remodel or move?

Website helps homeowners decide on remodeling

BUFFALO, N.Y. (WIVB) – If you’re a homeowner, chances are you’ve asked yourself this question, should I remodel, or just move?

Anyone who has done it, knows home remodeling can be expensive. But, before you spend all that money, you
might want to consider if it’s worth it. There’s a unique tool out there helps homeowners decide if they should
remodel or move.

There’s a website appropriately named remodelormove.com that uses a 40 question survey to help homeowners compare how much it costs to remodel, versus how much it costs to “buy” a house with the features you want. For
example, adding a dining room to this victorian in California would cost $49,000. While moving to a home in the
same neighborhood with a dining room would cost $193,000.

The calculator also takes into account some less tangible things that are hard to put a price on, like do you like
your yard? Do you like your neighborhood?

This homeowner in California wasn’t crazy about her 1960′s style kitchen. After using remodelormove.com , she
decided to stay put and renovate. She paid about $50,000 for new cabinets, counter tops, floors and appliances.
A decision she’s very happy with.

The founder of the website advises against too much remodeling. He says building a mansion in a middle-class
neighborhood won’t pay off when you sell your home.