Krehbiel: Why move when you can improve? | Business - Kenosha News

When homeowners grow tired of their current abode, they often find themselves searching for areas to relocate to, when they could just renovate their current living space. By taking out a home equity line of credit (HELOC), you can access the funds necessary to startup remodeling projects without worrying about hefty fees that are present with traditional construction loans. Improving your current home is highly recommended if you are already satisfied with the neighborhood that you presently reside in.

Key Takeaways:

  • People may decide to stay and renovate their home rather than move if the location suits them like if they love their neighborhood or situated on a great lot.
  • People may want to renovate their homes to suit their needs because they already know what works and what doesn’t work in their home.
  • To start a home remodeling project, one has to estimate the costs before starting because the average remodeling can cost as much as $130,000.

“Moving is certainly one solution, but economically and socially, staying put and renovating may be a better choice.”

Read more: http://www.kenoshanews.com/news/business/krehbiel-why-move-when-you-can-improve/article_3f41f378-b4b8-5257-9cb2-35899babd773.html