RemodelOrMove Your Trusted Resource for Making the Right Decision

Welcome to the Remodel or Move Calculator.
Compare Remodeling Costs with Moving Costs for FREE!

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Remodel Or Move Calculator

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— C. Douglas, Seattle WA
July 14, 2005

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If you're trying to decide on remodeling your home or moving to a new one, there's one thing you must know: the wrong decision could wind up costing you and your family tens of thousands of dollars and months of your free time. Not to mention the untold emotional stress that comes along with it.

And who needs that?

To be sure you're making the right decision, simply spend a few minutes filling out the Remodel or Move Calculator form. When you're done, you'll receive an instant estimate of the costs associated with both remodeling and moving, along with our recommendation of which alternative is best for you. It's that easy.

Whether you're analytical or emotional, the Remodel or Move Calculator helps you understand the financial and emotional factors you must consider before making your decision. And best of all, it's completely free to use, so you have nothing to lose.

Ready to get started? Great!

 

Its free, its easy and its fast!

More details about each step are below:

1 To start, you will need to enter a project name. This will allow you to save the answers and the results of one remodel or move scenario. After you review the results of your first project, try creating other projects with different answers to see how the costs and the remodel or move recommendations change. Comparing the different scenarios is a great way to see how changes in your remodeling plans, for example, can affect the cost of the remodel as well as the remodel or move recommendation. You may create and store up to 20 projects for three months.

2 The second step asks you 11 general questions about your present home and the house you would like to move to. The Remodel or Move Calculator will then use your responses to provide you with recommendations which are just right for you.

3 The third step is to calculate the cost to remodel. The Remodel or Move Calculator asks you 20 questions about your remodel preferences. Using your responses and the cost of labor where you live, the Calculator provides you with a low and high estimate of the cost to remodel. This information is saved under a project name that you assign. You can also go back and change any of your answers at any time.

4 The fourth step is to calculate the cost to move. The Remodel or Move Calculator asks you 7 questions about your move preferences and about your current home. Using your responses, the Calculator calculates the cost to move. This information is saved under the same project name with your remodel information from step #2.

5 The fifth step is to determine your "gut feeling" toward both remodeling and moving. Your feelings about your current home, neighborhood and the remodeling process are as important as the costs of your options in determining what is best for you. This step determines your preferences for remodeling and moving by asking 10 questions that will be used to calculate your "gut feeling". This information is saved under the same project name with your remodel and move information from steps #2 and #3.

5 The sixth and final step is to review the cost estimates and the remodel or move recommendation based on the answers you provided. At this point you can go back to any section of the Calculator and change your responses, which may change the recommendation from the Remodel or Move Calculator.

You can also save this particular Remodel or Move project and create a new project and answer the questions differently to compare the costs and recommendations between two different scenarios.


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Remodel or Move Calculator Results*

Last updated: September 7, 2008
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Steps 2 2 3 4 5 2

For your New kitchen and bathroom options #1 project, doing a little of the work yourself, your preference is to move but it costs more to move than to remodel. Learn more

The cost to remodel is estimated to be 18,679. Learn more

The cost to move is estimated to be $88,626. Learn more

Tell us what you think about the results and the calculator.

As your next step, find a great contractor to give you a quote!

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Option #1

Tell us about your project and we will have several contractors who work in your neighborhood contact you. It is quick and easy. Click here

Option #2

Let us help you find a great contractor. Just call us at 877-226-9027 and speak to one of our remodeling experts who will help you find great contractor. This is a free service.

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General Analysis

After careful review of your New kitchen and bathroom options #1 project, where you will hire a contractor, do a little of the work yourself and use average cost materials, the calculator recommends that:

your "gut feeling" shows a slight preference for moving but it costs more to move than to remodel. It is best if you can have your "gut feeling" agree with the lower cost option. To receive a clear remodel or move recommendation, consider if you could sell your current home for more or if you could buy your new home for less. Also check your answers in the "gut feeling" section and make sure you still agree with them.

Be sure to review your options with local real estate and remodeling experts before making your final decision..


Cost Analysis

The calculator estimates the remodeling cost is between $23,185 and $36,608 with a payback of $24,200. Payback is the estimated amount your home will appreciate due to the improvements you are planning. You can get this remodeling estimate confirmed by a contractor that works in your neighborhood. Just click here and we will match you to a prescreened local contractor.

To compare the cost of remodeling and moving it is important to compare the costs of financing for both remodeling and moving. Even if you are planning to pay cash for your remodel it is important to make this financial comparison. The total net remodeling cost including financing is $18,679.

The calculator estimates the cost to sell your house and move is $7,026. The estimated cost to finance the difference between your old and new house is $81,600 so the total net moving cost including financing is $88,626.


Change your answers:
General Questions  |  Remodeling Calculator  |  Moving Calculator  |  "Gut feeling" Analysis
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