Should I renovate or move? This is an age-old question most homebuyers usually ask at one point or another. Whether it’s because you’ve outgrown your space, or you simply want to make a few customizations – homeowners consider renovating for a variety of reasons. While undertaking a massive remodel could result in the home of your dreams, it also comes with a ton of stress, a large budget and encroachment on your privacy and movement. On the other hand, moving into a spec home, an option homeowners rarely consider, is a great way to get the space of your dreams without all the fuss. We’ve come up with four great reasons why you should consider moving into a brand-new spec home instead of embarking on a stressful, time-consuming renovation.
1. Save time
It’s no secret that big remodels take a long time to execute. Some of the most popular home renovation projects, such as kitchen remodels, take well over three months to complete – and that’s if it’s done without a hitch. Sometimes, your renovation ends up taking much longer than you expected. Everything from material delays to construction mistakes can lengthen the timeline. This isn’t a problem you’ll have to deal with when moving into a spec home. Most spec homes, if not complete, are already well under construction. Homebuyers are guaranteed a faster timeline because spec homes are always move-in ready within 30 – 90 days. This is a significantly shorter timeline than most big home renovation projects. So, you get to enjoy your ideal space in little to no time at all.
2. Less stress
Spec homes come complete with pre-selected pallets, sought after features and top-tier finishings. Homebuyers who opt for a spec home don’t need to worry about picking flooring materials or the perfect layout – they simply walk through the homes and make the selection that best suits their needs and reflects their taste. Renovations, on the other hand, require a long and tedious process of planning, sourcing materials, finding inspiration, and most importantly, finding the right contractor. After this, comes the added stress of having people constantly in your space and invading your privacy. When you choose to move into a spec home, you get a space that caters to your lifestyle and reflects your personality without all the fuss that comes with planning and executing a home renovation project.
3. Live in a master planned community
There’s no doubt that one of the best parts of moving is getting to live in an enviable location packed with tons of amenities. This is especially true for buyers who seek out residences in a community like Ravenswood. With two schools in the community, tons of green space and easy access to Cross Iron Mills and other recreational options – Ravenswood is ideal for people in all stages of life. For homeowners who would rather move than renovate, this could mean an upgrade to a thoughtfully planned, world-class community!
4. A precise budget
When it comes to matters of the home, a budget is arguably the most important factor for most people. If you find yourself trying to decide whether to move or not, it's most likely because of huge remodel which will cost you tens of thousands. Also, depending on delays, mistakes and other unforeseen circumstances, your budget may end up increasing exponentially. This, however, isn’t something that spec homeowners have to deal with. Being that spec homes are either finished or close to completion, their prices are usually fixed. So, you can find a home tailored to your needs without breaking the bank.
Deciding whether to renovate or move doesn’t have to be tough, especially when options like spec homes exist. So, instead of spending thousands of dollars on a pricey renovation with no end in sight, you can put a down payment on a stunning brand-new home.