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As a custom
home builder and NARI Certified Remodeler, over the years we have found
that MANY of our clients struggled with the decision of building versus
remodeling before making their final decision. As a source to help you,
below we’ve listed some of the common concerns we hear about both building
and remodeling, and some answers and considerations. If you find that any
of these are your concerns, we hope we can help you in making your
decision. Regardless as to whether you build or remodel, at Park Place
Builders, we would like to discuss your needs with you, and show you why
you want a professional team on your side.
Our house is
nearly paid for and we don’t want a big mortgage!”
We find this is
very common. Many people have lived in their homes for years and have
built up a lot of equity, and don’t want a big house payment. In this
case, remodeling may be the best solution!
“We can’t find
a floorplan we’re happy with!”
This is a
common complaint we hear from people looking at new homes. Very often
they have a particular need for their lifestyle that they don’t see in the
new homes available for sale. In this case, a custom home may be the best
way to go. At Park Place Builders, we can help you design the home to
meet your needs while including the level of amenities you want in your
home.
“We love our
neighborhood, but we’re afraid of overbuilding for the area!” This is a
concern we hear from the majority of our clients! One of the owners of
Park Place is also a licensed real estate broker, and frequently we are
able to provide information which will assist in this decision. Sometimes
we find that the plans are, indeed, more than the neighborhood will
justify, while other times we find the improvements are well within the
market range of the neighborhood.
In those instances that customers
are struggling with this concern, we can provide information which will
help you make the choice that is best for you
“We love our
house, but are running out of room!”
Again, for
those who love their area neighborhood and their house, but need more
room, a simple room addition or even changing the existing space can be
the answer. Often you can avoid a big mortgage, but still get the space
you want….that’s what many people are doing!
“We can’t find
a lot to build on!”
As a builder we
often know of lots which are available in the area you are considering.
However, sometimes the lots are much higher in price than you might
realize or be willing to pay, especially if you are searching for a wooded
(treed) lot in a new neighborhood. But we can help find the lot, and you
decide if the price is right for you.
“We’ve heard it
is very expensive to remodel.”
The cost to
remodel is expensive because it entails not only constructing the new
area, but often includes removing old areas or fixtures, and frequently
requires protection of the existing property that is NOT being remodeled.
However, the cost to remodel would still be less expensive than building
an entirely new home. When you build a new home, the entire cost is
spread over the total square footage of the entire structure, while
remodeling costs are spread over a smaller area (perhaps 600-800ft versus
2500ft), so the price per square foot is more expensive. Again, you need
to determine if you want to add on or improve your current property, or
basically start over again and build new.
“We’ve heard
horror stories from our friends who decided to remodel.”
Unfortunately,
many many people have horror stories about building or remodeling. This
can be avoided by carefully screening your builder or remodeler. We are a
NARI certified remodeler, and an award winning custom home builder
with pages of references that you are welcome to contact about their
experience with Park Place. We strive to minimize any misunderstandings
and maximize the positive aspects of the experience. We are ready to help
you with design, financing, and even selections of your materials whether
you build or remodel.
“We don’t know
the first thing about building or remodeling.”
Very few people
we have worked with have experience with remodeling, and some have had
experience with building. We provide you with the details going into the
project so you know exactly what will be built, you know what the costs
are going to entail, and know what to expect. We assist with as many of
the details as possible, from design to finance to interior décor
assistance. While we can’t make your decisions for you, we can help you
along the way.
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