When it comes to making your home more livable, two of the most common options are adding on housing space or renovating your existing home. Both offer up a unique set of benefits and drawbacks that you should consider when making your decision. Let’s go over some of the most important pros and cons for each option so you can decide which is best for you.
Renovations are an attractive option because they can be less expensive and time consuming than building an addition to your house. You can also choose to do renovations in stages, allowing you to spread out the cost over time. Additionally, renovating allows you to customize and update nearly any aspect of your home with minimal disruption to your day-to-day life.
That being said, renovations come with certain downsides as well. Depending on how extensive the renovations are, they can take quite a bit of time and cause significant disruptions during that period. Furthermore, if something unexpected crops up during the renovation process, this could lead to additional delays and costs. Finally, if done incorrectly or without proper permits, renovations could end up costing you more in fines than they would have saved you initially.
On the other hand, adding extra housing space has its own set of advantages and disadvantages as well. The main benefit is that it adds permanent living space that doesn’t require any further updates or renovations down the line (unless desired). It also allows for much more room for customization from both an aesthetic standpoint as well as practicality—you can even install extra bathrooms or a kitchenette if desired!
The downside is that building an addition typically requires much more money upfront than simply doing renovations (depending on what those renovations entail). It also usually takes much longer since it involves construction from start to finish rather than simply tweaks here and there like with renovating existing spaces. This means realistically planning out what kind of construction timeline works best for you before diving into such an endeavor.
Whether it’s renovating existing spaces or adding extra housing space, there are plenty of pros and cons associated with both options when considering what changes to make in order to improve your home’s livability factor. Ultimately, it comes down to budget restrictions as well as timelines that best fit yours particular situation before deciding which course of action is best for you! Allowing professionals like Metric Marketing Group help make sure everything goes smoothly no matter what option you choose!