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Time to Move >Remodel Or Move
At some point your present home may begin to feel cramped. You would like enough room to have an "adult haven", but you must weigh the price of a larger home over against the prospect of living with contractors and plaster dust for a long time. Is it better to remodel or to look for a new home?
Before you decide on a major home improvement project, talk with a real estate agent who knows your neighborhood. Will the changes you have in mind over-improve your home, making it difficult to re-sell? Will you be able to recover the cost of your investment? Find out how much your present home is currently worth, and how much home equity you have. You may be able to make a substantial down payment that lowers your mortgage payments on a larger home. It may be worth making a move to avoid the stress and inconvenience of remodeling, if you can find a new home with all the features you would like to add to your present home.
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| Q |
What trendy and highly unusual hotel must be totally rebuilt every year?
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| A |
Sweden's popular Ice Hotel, which has 60 double rooms, 25 suites and an interior temperature of 20 degrees, starts melting to the ground in May and is rebuilt every winter. |
See More Real Estate Trivia > |
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The Loprino Group RE/MAX Achievers 6424 E. Greenway Parkway Scottsdale, AZ 85254 480-502-0112 Fax: 480-603-4460 markloprino@NUMBER1EXPERT.com
I have been a Licensed Realtor in Arizona since 1984. I fell in love with the Southwest, and moved here from Chicago, chosing real estate as my profession.
After more than 24 years in the industry, I still love real estate! I love interacting with people and helping them find the right home, or helping them sell their home.
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