You loved your home when you bought it. But circumstances change and now you’re torn between starting over with a brand new home, renovating to achieve the upgrades on your wishlist, or maybe just redecorating. What’s worse is that you love the location, the view, and the neighbours, making your decision that much harder. Settle the debate once and for all with this easy quiz.
Jot down the corresponding letter to each answer on a piece of paper and tally up each A, B, and C at the end of the quiz.
Do you or your family members live in the home year-round?
Do you plan to keep the home long-term?
Is your home more than 50 years old?
Are you on a tight budget?
Does your current home give you enough space?
Do you have somewhere else to live if the home is uninhabitable during renovations or rebuild?
Can desired improvements be made within the existing structure?
Does the home have “good bones”?
Are you on a well and septic system?
Is your property flat?
Is your home subject to community zoning restrictions?
Out with the old, in with the new. Starting fresh is your best bet if you answered mostly As. This will allow you to achieve the customizations you’re looking for and get your dream home. If you’ve got problems with the foundation, you can rebuild with confidence that your home is structurally sound. Get the space you need and maximize your living space.
If you answered mostly B’s, we recommend taking advantage of your home’s solid foundation and making some interior upgrades. You can most definitely still achieve your dream home by remodelling. In fact, Canadians are spending more on renovations than new builds. There are plenty of benefits to remodelling including typically lower costs, the ability to live in the home during the project, and usually avoiding obtaining permits.
Your next step: Download the Free Ultimate Home Renovation Guide
If your notepad shows several C’s, rest easy. It doesn’t sound like the issues with your home are too pressing, so sit tight for now. Rather than jumping into a major renovation or rebuild, do some interior non-structural upgrades to see if your feelings about the house change. Redecorate, get new furniture, buy new artwork, or paint the walls. If you’re still feeling unsatisfied with your home, then revisit this quiz.Want a second opinion? Sit down with a contractor to talk about your options.
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