READING ROOM: Remodel or Move? Make the Right Decision

Physician's Money Digest, December 2005, Volume 12, Issue 16

Remodel or Move? Make the Right Decision

Remodel or Move?

Things need to change in your home. Maybe the epicure in you desires agourmet kitchen, or perhaps you have more children than available bedrooms.Whether a particular room needs a makeover or you require an additionto your house, staying to remodel or buying new is a considerable decision fora physician and their family to make, both financially and emotionally. Accordingto Dan Fritschen, it's a decision that most people do not weigh carefully enough.In (ABCD Publishing; 2005),Fritschen explores the common misconceptions about remodeling and moving andhelps you decide with intelligence and financial sense. He begins his book with 10reasons to move (eg, your yard is too small) and eight reasons to remodel (eg, youlive in a great neighborhood) and discusses the costs involved with both. Alsoincluded is a "Remodel-or-Move"calculator that considers your feelings aboutyour school district, neighborhood, and other intangiblesas well as remodeling specifics and then provides a summaryand recommendations. You can also utilize the calculatorfor free at RemodelOrMove.com, a homeownersupport organization created by Fritschen. The authoralso guides the physician-homeowner in the next stepafter making their decision, with tips on how to pick areal estate agent or a contractor. Comprehensive andinformative, helps the physician-homeownermake the best decision for their wallet aswell as for their peace of mind.