Making the decision to remodel must be weighed out with a careful assessment of the pros and cons of embarking on a remodeling project or selling in anticipation of finding a property which more clearly fits. As you weigh out your options, consider the following:

• How far apart is your current property from the one you'd like to live in?
• What is happening with property values in your community neighboorhood?
• How many years will it take to recoup your investment? Less than 3 years? 10 Years? More?
• How do the other homes compare to yours? Are they similar, larger, smaller?

There can be clear advantages to remodeling versus selling your property. Nevertheless, understanding your reasons behind a possible remodel allows you to stay focused as the contrator expenses, the mess, and the time out of your home starts rolling in.