Q: How Do You Decide Whether to Add on to an Existing Home or Purchase a New One?
A: There are a few things to consider, including cost, individual needs, and what will add value down the road. Also important: your emotional attachment to the existing home.
As designer and builder Philip S. Wenz, the author of Adding to a House: Planning, Design & Construction, notes, an addition is much cheaper than building a new home and can offer a “new” home without the heartache of moving.
Explore your options. Make sure your decision is one you can live with – either under the same roof or under a different one.