Posted on Friday, July 18, 2014 at 11:59 am CDT
Homeowners have choices when they come to the realization that their current residence no longer meets their needs. Some opt to purchase a new home, while others consider remodeling the one they now have to meet their changing needs. MSN Money reports it is more cost effective to remodel a home than to buy a new one, even when the two are comparable in other respects.
Source: Gettum Associates, Inc