You’ve started in the right place if you are looking to make a wise financial decision for your family. Reading up on remodeling verses moving costs in Kansas City will help you make the best decision. A lot of your money is spent on your home so we hope this article will be a neutral tool for you to see the pros and cons of moving or remodeling in Kansas City.
This is really the Ultimate Guide for your family, friends, and co-workers.
We truly want you to make a wise buying or remodeling decision, so as you consider your budget; make sure it is realistic and that it doesn’t stretch your financial situation whether moving or remodeling. Figure it on what you can afford today and not on expectations of the future. Don’t trap yourself into something that you cannot afford and cause unneeded stress, family issues and cash shortages because of a poor financial decision.
If you are considering a remodel; make sure you choose a quality licensed and fully insured contractor. Remodeling is expensive, but it can be extremely expensive and problematic if the wrong contractor is chosen. Remember that with a remodel you usually won’t recover 100% of what you put in. For a typical kitchen or bathroom remodel in Kansas City, your home value will increase by around 50-80% of what you put into it. In our estimates, we assume you’ll get back only 70%.
If you are considering buying or selling your home; be sure to use a top-notch realtor. We all have a friend or family member that “got their realtors license” for a side job. Is he/she really the best choice for your large financial decision that you are about to make? You might make grandma upset for not using Aunt Sue, but who cares; it’s your money and one of your larger investments.
There are a lot of sneaky cost in buying and selling a house. Your home might need to be freshened up before it will sell. Moving results in a lot of money lost due to sales commissions, closing costs, moving costs, and other transition expenses.
Does it make more sense to remodel your current home or to move to a better home in Kansas City?
We’ll run through the numbers for an average home in every single city in the Kansas City metro area to give you a feel for how the numbers work out. These are just estimates based on averages for each city, and home values vary widely from one neighborhood to another.
Be sure to take in to account all of the pros and cons that are fully listed after the cities profiles towards the end of the page. The cities of the Kansas City area are in alphabetical order–so scroll down to your city to see the difference in spending your money on moving verses remodeling and then drop down to the end to see what all of this means and the pros and cons of moving and remodeling.
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First up is Archie, MO
Moving vs Remodeling In Archie, MO
Buying A New Home In Archie
The average Archie home is worth $131,200, here are the costs of selling your home and buying another.
- Current Home Value: $131,200
- Cost Of A 20% Nicer Home:$157,440
- Commission To Sell Your Home: $7,216 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $5,904 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $984 at 0.75%
- Total Cost To Move From A $131,200 Home To A $157,440 Home:$40,344
Remodeling In Archie
Next we’re looking at remodeling an average Archie home with a budget of $40,344.
- Current Home Value: $131,200
- Remodeling Budget: $40,344
- Net Loss At 70% Efficiency:$11,808
- Value Added:$27,552
- New Home Value:$159,000
So for an average Archie, MO home we assumed a budget of $40,344. If you bought a new home you could end up with a home value of $157,440 and the new home value after renovating is almost the same at $158,752. Either of these estimates could be off by $13,120 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Belton, MO
Buying A New Home In Belton
The average Belton home is worth $128,025, here are the costs of selling your home and buying another.
- Current Home Value: $128,025
- Cost Of A 20% Nicer Home:$153,630
- Commission To Sell Your Home: $7,041 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $5,761 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $960 at 0.75%
- Total Cost To Move From A $128,025 Home To A $153,630 Home:$39,368
Remodeling In Belton
Next we’re looking at remodeling an average Belton home with a budget of $39,368.
- Current Home Value: $128,025
- Remodeling Budget: $39,368
- Net Loss At 70% Efficiency:$11,522
- Value Added:$26,885
- New Home Value:$155,000
So for an average Belton, MO home we assumed a budget of $39,368. If you bought a new home you could end up with a home value of $153,630 and the new home value after renovating is almost the same at $154,910. Either of these estimates could be off by $12,803 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Blue Springs, MO
Buying A New Home In Blue Springs
The average Blue Springs home is worth $152,175, here are the costs of selling your home and buying another.
- Current Home Value: $152,175
- Cost Of A 20% Nicer Home:$182,610
- Commission To Sell Your Home: $8,370 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $6,848 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,141 at 0.75%
- Total Cost To Move From A $152,175 Home To A $182,610 Home:$46,794
Remodeling In Blue Springs
Next we’re looking at remodeling an average Blue Springs home with a budget of $46,794.
- Current Home Value: $152,175
- Remodeling Budget: $46,794
- Net Loss At 70% Efficiency:$13,696
- Value Added:$31,957
- New Home Value:$184,000
So for an average Blue Springs, MO home we assumed a budget of $46,794. If you bought a new home you could end up with a home value of $182,610 and the new home value after renovating is almost the same at $184,132. Either of these estimates could be off by $15,218 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Bonner Springs, KS
Buying A New Home In Bonner Springs
The average Bonner Springs home is worth $145,125, here are the costs of selling your home and buying another.
- Current Home Value: $145,125
- Cost Of A 20% Nicer Home:$174,150
- Commission To Sell Your Home: $7,982 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $6,531 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,088 at 0.75%
- Total Cost To Move From A $145,125 Home To A $174,150 Home:$44,626
Remodeling In Bonner Springs
Next we’re looking at remodeling an average Bonner Springs home with a budget of $44,626.
- Current Home Value: $145,125
- Remodeling Budget: $44,626
- Net Loss At 70% Efficiency:$13,061
- Value Added:$30,476
- New Home Value:$176,000
So for an average Bonner Springs, KS home we assumed a budget of $44,626. If you bought a new home you could end up with a home value of $174,150 and the new home value after renovating is almost the same at $175,601. Either of these estimates could be off by $14,513 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Buckner, MO
Buying A New Home In Buckner
The average Buckner home is worth $98,425, here are the costs of selling your home and buying another.
- Current Home Value: $98,425
- Cost Of A 20% Nicer Home:$118,110
- Commission To Sell Your Home: $5,413 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $4,429 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $738 at 0.75%
- Total Cost To Move From A $98,425 Home To A $118,110 Home:$30,266
Remodeling In Buckner
Next we’re looking at remodeling an average Buckner home with a budget of $30,266.
- Current Home Value: $98,425
- Remodeling Budget: $30,266
- Net Loss At 70% Efficiency:$8,858
- Value Added:$20,669
- New Home Value:$119,000
So for an average Buckner, MO home we assumed a budget of $30,266. If you bought a new home you could end up with a home value of $118,110 and the new home value after renovating is almost the same at $119,094. Either of these estimates could be off by $9,843 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Butler, MO
Buying A New Home In Butler
The average Butler home is worth $75,700, here are the costs of selling your home and buying another.
- Current Home Value: $75,700
- Cost Of A 20% Nicer Home:$90,840
- Commission To Sell Your Home: $4,164 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $3,407 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $568 at 0.75%
- Total Cost To Move From A $75,700 Home To A $90,840 Home:$23,278
Remodeling In Butler
Next we’re looking at remodeling an average Butler home with a budget of $23,278.
- Current Home Value: $75,700
- Remodeling Budget: $23,278
- Net Loss At 70% Efficiency:$6,813
- Value Added:$15,897
- New Home Value:$92,000
So for an average Butler, MO home we assumed a budget of $23,278. If you bought a new home you could end up with a home value of $90,840 and the new home value after renovating is almost the same at $91,597. Either of these estimates could be off by $7,570 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Claycomo, MO
Buying A New Home In Claycomo
The average Claycomo home is worth $106,175, here are the costs of selling your home and buying another.
- Current Home Value: $106,175
- Cost Of A 20% Nicer Home:$127,410
- Commission To Sell Your Home: $5,840 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $4,778 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $796 at 0.75%
- Total Cost To Move From A $106,175 Home To A $127,410 Home:$32,649
Remodeling In Claycomo
Next we’re looking at remodeling an average Claycomo home with a budget of $32,649.
- Current Home Value: $106,175
- Remodeling Budget: $32,649
- Net Loss At 70% Efficiency:$9,556
- Value Added:$22,297
- New Home Value:$128,000
So for an average Claycomo, MO home we assumed a budget of $32,649. If you bought a new home you could end up with a home value of $127,410 and the new home value after renovating is almost the same at $128,472. Either of these estimates could be off by $10,618 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Drexel, MO
Buying A New Home In Drexel
The average Drexel home is worth $142,750, here are the costs of selling your home and buying another.
- Current Home Value: $142,750
- Cost Of A 20% Nicer Home:$171,300
- Commission To Sell Your Home: $7,851 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $6,424 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,071 at 0.75%
- Total Cost To Move From A $142,750 Home To A $171,300 Home:$43,896
Remodeling In Drexel
Next we’re looking at remodeling an average Drexel home with a budget of $43,896.
- Current Home Value: $142,750
- Remodeling Budget: $43,896
- Net Loss At 70% Efficiency:$12,848
- Value Added:$29,978
- New Home Value:$173,000
So for an average Drexel, MO home we assumed a budget of $43,896. If you bought a new home you could end up with a home value of $171,300 and the new home value after renovating is almost the same at $172,728. Either of these estimates could be off by $14,275 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Edgerton, KS
Buying A New Home In Edgerton
The average Edgerton home is worth $147,425, here are the costs of selling your home and buying another.
- Current Home Value: $147,425
- Cost Of A 20% Nicer Home:$176,910
- Commission To Sell Your Home: $8,108 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $6,634 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,106 at 0.75%
- Total Cost To Move From A $147,425 Home To A $176,910 Home:$45,333
Remodeling In Edgerton
Next we’re looking at remodeling an average Edgerton home with a budget of $45,333.
- Current Home Value: $147,425
- Remodeling Budget: $45,333
- Net Loss At 70% Efficiency:$13,268
- Value Added:$30,959
- New Home Value:$178,000
So for an average Edgerton, KS home we assumed a budget of $45,333. If you bought a new home you could end up with a home value of $176,910 and the new home value after renovating is almost the same at $178,384. Either of these estimates could be off by $14,743 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Edwardsville, KS
Buying A New Home In Edwardsville
The average Edwardsville home is worth $162,000, here are the costs of selling your home and buying another.
- Current Home Value: $162,000
- Cost Of A 20% Nicer Home:$194,400
- Commission To Sell Your Home: $8,910 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $7,290 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,215 at 0.75%
- Total Cost To Move From A $162,000 Home To A $194,400 Home:$49,815
Remodeling In Edwardsville
Next we’re looking at remodeling an average Edwardsville home with a budget of $49,815.
- Current Home Value: $162,000
- Remodeling Budget: $49,815
- Net Loss At 70% Efficiency:$14,580
- Value Added:$34,020
- New Home Value:$196,000
So for an average Edwardsville, KS home we assumed a budget of $49,815. If you bought a new home you could end up with a home value of $194,400 and the new home value after renovating is almost the same at $196,020. Either of these estimates could be off by $16,200 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Excelsior Springs, MO
Buying A New Home In Excelsior Springs
The average Excelsior Springs home is worth $106,500, here are the costs of selling your home and buying another.
- Current Home Value: $106,500
- Cost Of A 20% Nicer Home:$127,800
- Commission To Sell Your Home: $5,858 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $4,793 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $799 at 0.75%
- Total Cost To Move From A $106,500 Home To A $127,800 Home:$32,749
Remodeling In Excelsior Springs
Next we’re looking at remodeling an average Excelsior Springs home with a budget of $32,749.
- Current Home Value: $106,500
- Remodeling Budget: $32,749
- Net Loss At 70% Efficiency:$9,585
- Value Added:$22,365
- New Home Value:$129,000
So for an average Excelsior Springs, MO home we assumed a budget of $32,749. If you bought a new home you could end up with a home value of $127,800 and the new home value after renovating is almost the same at $128,865. Either of these estimates could be off by $10,650 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Fairway, KS
Buying A New Home In Fairway
The average Fairway home is worth $337,050, here are the costs of selling your home and buying another.
- Current Home Value: $337,050
- Cost Of A 20% Nicer Home:$404,460
- Commission To Sell Your Home: $18,538 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $15,167 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $2,528 at 0.75%
- Total Cost To Move From A $337,050 Home To A $404,460 Home:$103,643
Remodeling In Fairway
Next we’re looking at remodeling an average Fairway home with a budget of $103,643.
- Current Home Value: $337,050
- Remodeling Budget: $103,643
- Net Loss At 70% Efficiency:$30,335
- Value Added:$70,781
- New Home Value:$408,000
So for an average Fairway, KS home we assumed a budget of $103,643. If you bought a new home you could end up with a home value of $404,460 and the new home value after renovating is almost the same at $407,831. Either of these estimates could be off by $33,705 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Garden City, MO
Buying A New Home In Garden City
The average Garden City home is worth $115,700, here are the costs of selling your home and buying another.
- Current Home Value: $115,700
- Cost Of A 20% Nicer Home:$138,840
- Commission To Sell Your Home: $6,364 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $5,207 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $868 at 0.75%
- Total Cost To Move From A $115,700 Home To A $138,840 Home:$35,578
Remodeling In Garden City
Next we’re looking at remodeling an average Garden City home with a budget of $35,578.
- Current Home Value: $115,700
- Remodeling Budget: $35,578
- Net Loss At 70% Efficiency:$10,413
- Value Added:$24,297
- New Home Value:$140,000
So for an average Garden City, MO home we assumed a budget of $35,578. If you bought a new home you could end up with a home value of $138,840 and the new home value after renovating is almost the same at $139,997. Either of these estimates could be off by $11,570 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Gardner, KS
Buying A New Home In Gardner
The average Gardner home is worth $183,575, here are the costs of selling your home and buying another.
- Current Home Value: $183,575
- Cost Of A 20% Nicer Home:$220,290
- Commission To Sell Your Home: $10,097 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $8,261 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,377 at 0.75%
- Total Cost To Move From A $183,575 Home To A $220,290 Home:$56,449
Remodeling In Gardner
Next we’re looking at remodeling an average Gardner home with a budget of $56,449.
- Current Home Value: $183,575
- Remodeling Budget: $56,449
- Net Loss At 70% Efficiency:$16,522
- Value Added:$38,551
- New Home Value:$222,000
So for an average Gardner, KS home we assumed a budget of $56,449. If you bought a new home you could end up with a home value of $220,290 and the new home value after renovating is almost the same at $222,126. Either of these estimates could be off by $18,358 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Gladstone, MO
Buying A New Home In Gladstone
The average Gladstone home is worth $130,875, here are the costs of selling your home and buying another.
- Current Home Value: $130,875
- Cost Of A 20% Nicer Home:$157,050
- Commission To Sell Your Home: $7,198 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $5,889 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $982 at 0.75%
- Total Cost To Move From A $130,875 Home To A $157,050 Home:$40,244
Remodeling In Gladstone
Next we’re looking at remodeling an average Gladstone home with a budget of $40,244.
- Current Home Value: $130,875
- Remodeling Budget: $40,244
- Net Loss At 70% Efficiency:$11,779
- Value Added:$27,484
- New Home Value:$158,000
So for an average Gladstone, MO home we assumed a budget of $40,244. If you bought a new home you could end up with a home value of $157,050 and the new home value after renovating is almost the same at $158,359. Either of these estimates could be off by $13,088 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Grain Valley, MO
Buying A New Home In Grain Valley
The average Grain Valley home is worth $157,750, here are the costs of selling your home and buying another.
- Current Home Value: $157,750
- Cost Of A 20% Nicer Home:$189,300
- Commission To Sell Your Home: $8,676 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $7,099 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,183 at 0.75%
- Total Cost To Move From A $157,750 Home To A $189,300 Home:$48,508
Remodeling In Grain Valley
Next we’re looking at remodeling an average Grain Valley home with a budget of $48,508.
- Current Home Value: $157,750
- Remodeling Budget: $48,508
- Net Loss At 70% Efficiency:$14,198
- Value Added:$33,128
- New Home Value:$191,000
So for an average Grain Valley, MO home we assumed a budget of $48,508. If you bought a new home you could end up with a home value of $189,300 and the new home value after renovating is almost the same at $190,878. Either of these estimates could be off by $15,775 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Grandview, MO
Buying A New Home In Grandview
The average Grandview home is worth $105,725, here are the costs of selling your home and buying another.
- Current Home Value: $105,725
- Cost Of A 20% Nicer Home:$126,870
- Commission To Sell Your Home: $5,815 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $4,758 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $793 at 0.75%
- Total Cost To Move From A $105,725 Home To A $126,870 Home:$32,510
Remodeling In Grandview
Next we’re looking at remodeling an average Grandview home with a budget of $32,510.
- Current Home Value: $105,725
- Remodeling Budget: $32,510
- Net Loss At 70% Efficiency:$9,515
- Value Added:$22,202
- New Home Value:$128,000
So for an average Grandview, MO home we assumed a budget of $32,510. If you bought a new home you could end up with a home value of $126,870 and the new home value after renovating is almost the same at $127,927. Either of these estimates could be off by $10,573 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Greenwood, MO
Buying A New Home In Greenwood
The average Greenwood home is worth $164,125, here are the costs of selling your home and buying another.
- Current Home Value: $164,125
- Cost Of A 20% Nicer Home:$196,950
- Commission To Sell Your Home: $9,027 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $7,386 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,231 at 0.75%
- Total Cost To Move From A $164,125 Home To A $196,950 Home:$50,468
Remodeling In Greenwood
Next we’re looking at remodeling an average Greenwood home with a budget of $50,468.
- Current Home Value: $164,125
- Remodeling Budget: $50,468
- Net Loss At 70% Efficiency:$14,771
- Value Added:$34,466
- New Home Value:$199,000
So for an average Greenwood, MO home we assumed a budget of $50,468. If you bought a new home you could end up with a home value of $196,950 and the new home value after renovating is almost the same at $198,591. Either of these estimates could be off by $16,413 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Harrisonville, MO
Buying A New Home In Harrisonville
The average Harrisonville home is worth $145,375, here are the costs of selling your home and buying another.
- Current Home Value: $145,375
- Cost Of A 20% Nicer Home:$174,450
- Commission To Sell Your Home: $7,996 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $6,542 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,090 at 0.75%
- Total Cost To Move From A $145,375 Home To A $174,450 Home:$44,703
Remodeling In Harrisonville
Next we’re looking at remodeling an average Harrisonville home with a budget of $44,703.
- Current Home Value: $145,375
- Remodeling Budget: $44,703
- Net Loss At 70% Efficiency:$13,084
- Value Added:$30,529
- New Home Value:$176,000
So for an average Harrisonville, MO home we assumed a budget of $44,703. If you bought a new home you could end up with a home value of $174,450 and the new home value after renovating is almost the same at $175,904. Either of these estimates could be off by $14,538 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Holt, MO
Buying A New Home In Holt
The average Holt home is worth $191,150, here are the costs of selling your home and buying another.
- Current Home Value: $191,150
- Cost Of A 20% Nicer Home:$229,380
- Commission To Sell Your Home: $10,513 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $8,602 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,434 at 0.75%
- Total Cost To Move From A $191,150 Home To A $229,380 Home:$58,779
Remodeling In Holt
Next we’re looking at remodeling an average Holt home with a budget of $58,779.
- Current Home Value: $191,150
- Remodeling Budget: $58,779
- Net Loss At 70% Efficiency:$17,204
- Value Added:$40,142
- New Home Value:$231,000
So for an average Holt, MO home we assumed a budget of $58,779. If you bought a new home you could end up with a home value of $229,380 and the new home value after renovating is almost the same at $231,292. Either of these estimates could be off by $19,115 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Independence, MO
Buying A New Home In Independence
The average Independence home is worth $96,575, here are the costs of selling your home and buying another.
- Current Home Value: $96,575
- Cost Of A 20% Nicer Home:$115,890
- Commission To Sell Your Home: $5,312 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $4,346 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $724 at 0.75%
- Total Cost To Move From A $96,575 Home To A $115,890 Home:$29,697
Remodeling In Independence
Next we’re looking at remodeling an average Independence home with a budget of $29,697.
- Current Home Value: $96,575
- Remodeling Budget: $29,697
- Net Loss At 70% Efficiency:$8,692
- Value Added:$20,281
- New Home Value:$117,000
So for an average Independence, MO home we assumed a budget of $29,697. If you bought a new home you could end up with a home value of $115,890 and the new home value after renovating is almost the same at $116,856. Either of these estimates could be off by $9,658 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Kansas City, MO
Buying A New Home In Kansas City
The average Kansas City home is worth $118,000, here are the costs of selling your home and buying another.
- Current Home Value: $118,000
- Cost Of A 20% Nicer Home:$141,600
- Commission To Sell Your Home: $6,490 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $5,310 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $885 at 0.75%
- Total Cost To Move From A $118,000 Home To A $141,600 Home:$36,285
Remodeling In Kansas City
Next we’re looking at remodeling an average Kansas City home with a budget of $36,285.
- Current Home Value: $118,000
- Remodeling Budget: $36,285
- Net Loss At 70% Efficiency:$10,620
- Value Added:$24,780
- New Home Value:$143,000
So for an average Kansas City, MO home we assumed a budget of $36,285. If you bought a new home you could end up with a home value of $141,600 and the new home value after renovating is almost the same at $142,780. Either of these estimates could be off by $11,800 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Kansas City, KS
Buying A New Home In Kansas City
The average Kansas City home is worth $77,150, here are the costs of selling your home and buying another.
- Current Home Value: $77,150
- Cost Of A 20% Nicer Home:$92,580
- Commission To Sell Your Home: $4,243 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $3,472 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $579 at 0.75%
- Total Cost To Move From A $77,150 Home To A $92,580 Home:$23,724
Remodeling In Kansas City
Next we’re looking at remodeling an average Kansas City home with a budget of $23,724.
- Current Home Value: $77,150
- Remodeling Budget: $23,724
- Net Loss At 70% Efficiency:$6,944
- Value Added:$16,202
- New Home Value:$93,000
So for an average Kansas City, KS home we assumed a budget of $23,724. If you bought a new home you could end up with a home value of $92,580 and the new home value after renovating is almost the same at $93,352. Either of these estimates could be off by $7,715 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Kearney, MO
Buying A New Home In Kearney
The average Kearney home is worth $194,550, here are the costs of selling your home and buying another.
- Current Home Value: $194,550
- Cost Of A 20% Nicer Home:$233,460
- Commission To Sell Your Home: $10,700 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $8,755 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,459 at 0.75%
- Total Cost To Move From A $194,550 Home To A $233,460 Home:$59,824
Remodeling In Kearney
Next we’re looking at remodeling an average Kearney home with a budget of $59,824.
- Current Home Value: $194,550
- Remodeling Budget: $59,824
- Net Loss At 70% Efficiency:$17,510
- Value Added:$40,856
- New Home Value:$235,000
So for an average Kearney, MO home we assumed a budget of $59,824. If you bought a new home you could end up with a home value of $233,460 and the new home value after renovating is almost the same at $235,406. Either of these estimates could be off by $19,455 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Lake Lotawana, MO
Buying A New Home In Lake Lotawana
The average Lake Lotawana home is worth $223,425, here are the costs of selling your home and buying another.
- Current Home Value: $223,425
- Cost Of A 20% Nicer Home:$268,110
- Commission To Sell Your Home: $12,288 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $10,054 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,676 at 0.75%
- Total Cost To Move From A $223,425 Home To A $268,110 Home:$68,703
Remodeling In Lake Lotawana
Next we’re looking at remodeling an average Lake Lotawana home with a budget of $68,703.
- Current Home Value: $223,425
- Remodeling Budget: $68,703
- Net Loss At 70% Efficiency:$20,108
- Value Added:$46,919
- New Home Value:$270,000
So for an average Lake Lotawana, MO home we assumed a budget of $68,703. If you bought a new home you could end up with a home value of $268,110 and the new home value after renovating is almost the same at $270,344. Either of these estimates could be off by $22,343 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Lake Quivira, KS
Buying A New Home In Lake Quivira
The average Lake Quivira home is worth $448,500, here are the costs of selling your home and buying another.
- Current Home Value: $448,500
- Cost Of A 20% Nicer Home:$538,200
- Commission To Sell Your Home: $24,668 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $20,183 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $3,364 at 0.75%
- Total Cost To Move From A $448,500 Home To A $538,200 Home:$137,914
Remodeling In Lake Quivira
Next we’re looking at remodeling an average Lake Quivira home with a budget of $137,914.
- Current Home Value: $448,500
- Remodeling Budget: $137,914
- Net Loss At 70% Efficiency:$40,365
- Value Added:$94,185
- New Home Value:$543,000
So for an average Lake Quivira, KS home we assumed a budget of $137,914. If you bought a new home you could end up with a home value of $538,200 and the new home value after renovating is almost the same at $542,685. Either of these estimates could be off by $44,850 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Lake Waukomis, MO
Buying A New Home In Lake Waukomis
The average Lake Waukomis home is worth $165,200, here are the costs of selling your home and buying another.
- Current Home Value: $165,200
- Cost Of A 20% Nicer Home:$198,240
- Commission To Sell Your Home: $9,086 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $7,434 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,239 at 0.75%
- Total Cost To Move From A $165,200 Home To A $198,240 Home:$50,799
Remodeling In Lake Waukomis
Next we’re looking at remodeling an average Lake Waukomis home with a budget of $50,799.
- Current Home Value: $165,200
- Remodeling Budget: $50,799
- Net Loss At 70% Efficiency:$14,868
- Value Added:$34,692
- New Home Value:$200,000
So for an average Lake Waukomis, MO home we assumed a budget of $50,799. If you bought a new home you could end up with a home value of $198,240 and the new home value after renovating is almost the same at $199,892. Either of these estimates could be off by $16,520 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Lake Winnebago, MO
Buying A New Home In Lake Winnebago
The average Lake Winnebago home is worth $391,200, here are the costs of selling your home and buying another.
- Current Home Value: $391,200
- Cost Of A 20% Nicer Home:$469,440
- Commission To Sell Your Home: $21,516 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $17,604 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $2,934 at 0.75%
- Total Cost To Move From A $391,200 Home To A $469,440 Home:$120,294
Remodeling In Lake Winnebago
Next we’re looking at remodeling an average Lake Winnebago home with a budget of $120,294.
- Current Home Value: $391,200
- Remodeling Budget: $120,294
- Net Loss At 70% Efficiency:$35,208
- Value Added:$82,152
- New Home Value:$473,000
So for an average Lake Winnebago, MO home we assumed a budget of $120,294. If you bought a new home you could end up with a home value of $469,440 and the new home value after renovating is almost the same at $473,352. Either of these estimates could be off by $39,120 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Leawood, KS
Buying A New Home In Leawood
The average Leawood home is worth $427,350, here are the costs of selling your home and buying another.
- Current Home Value: $427,350
- Cost Of A 20% Nicer Home:$512,820
- Commission To Sell Your Home: $23,504 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $19,231 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $3,205 at 0.75%
- Total Cost To Move From A $427,350 Home To A $512,820 Home:$131,410
Remodeling In Leawood
Next we’re looking at remodeling an average Leawood home with a budget of $131,410.
- Current Home Value: $427,350
- Remodeling Budget: $131,410
- Net Loss At 70% Efficiency:$38,462
- Value Added:$89,744
- New Home Value:$517,000
So for an average Leawood, KS home we assumed a budget of $131,410. If you bought a new home you could end up with a home value of $512,820 and the new home value after renovating is almost the same at $517,094. Either of these estimates could be off by $42,735 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Lees Summit, MO
Buying A New Home In Lees Summit
The average Lees Summit home is worth $202,700, here are the costs of selling your home and buying another.
- Current Home Value: $202,700
- Cost Of A 20% Nicer Home:$243,240
- Commission To Sell Your Home: $11,149 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $9,122 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,520 at 0.75%
- Total Cost To Move From A $202,700 Home To A $243,240 Home:$62,330
Remodeling In Lees Summit
Next we’re looking at remodeling an average Lees Summit home with a budget of $62,330.
- Current Home Value: $202,700
- Remodeling Budget: $62,330
- Net Loss At 70% Efficiency:$18,243
- Value Added:$42,567
- New Home Value:$245,000
So for an average Lees Summit, MO home we assumed a budget of $62,330. If you bought a new home you could end up with a home value of $243,240 and the new home value after renovating is almost the same at $245,267. Either of these estimates could be off by $20,270 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Lenexa, KS
Buying A New Home In Lenexa
The average Lenexa home is worth $245,050, here are the costs of selling your home and buying another.
- Current Home Value: $245,050
- Cost Of A 20% Nicer Home:$294,060
- Commission To Sell Your Home: $13,478 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $11,027 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,838 at 0.75%
- Total Cost To Move From A $245,050 Home To A $294,060 Home:$75,353
Remodeling In Lenexa
Next we’re looking at remodeling an average Lenexa home with a budget of $75,353.
- Current Home Value: $245,050
- Remodeling Budget: $75,353
- Net Loss At 70% Efficiency:$22,055
- Value Added:$51,461
- New Home Value:$297,000
So for an average Lenexa, KS home we assumed a budget of $75,353. If you bought a new home you could end up with a home value of $294,060 and the new home value after renovating is almost the same at $296,511. Either of these estimates could be off by $24,505 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Liberty, MO
Buying A New Home In Liberty
The average Liberty home is worth $162,850, here are the costs of selling your home and buying another.
- Current Home Value: $162,850
- Cost Of A 20% Nicer Home:$195,420
- Commission To Sell Your Home: $8,957 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $7,328 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,221 at 0.75%
- Total Cost To Move From A $162,850 Home To A $195,420 Home:$50,076
Remodeling In Liberty
Next we’re looking at remodeling an average Liberty home with a budget of $50,076.
- Current Home Value: $162,850
- Remodeling Budget: $50,076
- Net Loss At 70% Efficiency:$14,657
- Value Added:$34,199
- New Home Value:$197,000
So for an average Liberty, MO home we assumed a budget of $50,076. If you bought a new home you could end up with a home value of $195,420 and the new home value after renovating is almost the same at $197,049. Either of these estimates could be off by $16,285 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Lone Jack, MO
Buying A New Home In Lone Jack
The average Lone Jack home is worth $204,725, here are the costs of selling your home and buying another.
- Current Home Value: $204,725
- Cost Of A 20% Nicer Home:$245,670
- Commission To Sell Your Home: $11,260 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $9,213 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,535 at 0.75%
- Total Cost To Move From A $204,725 Home To A $245,670 Home:$62,953
Remodeling In Lone Jack
Next we’re looking at remodeling an average Lone Jack home with a budget of $62,953.
- Current Home Value: $204,725
- Remodeling Budget: $62,953
- Net Loss At 70% Efficiency:$18,425
- Value Added:$42,992
- New Home Value:$248,000
So for an average Lone Jack, MO home we assumed a budget of $62,953. If you bought a new home you could end up with a home value of $245,670 and the new home value after renovating is almost the same at $247,717. Either of these estimates could be off by $20,473 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Louisburg, KS
Buying A New Home In Louisburg
The average Louisburg home is worth $204,250, here are the costs of selling your home and buying another.
- Current Home Value: $204,250
- Cost Of A 20% Nicer Home:$245,100
- Commission To Sell Your Home: $11,234 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $9,191 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,532 at 0.75%
- Total Cost To Move From A $204,250 Home To A $245,100 Home:$62,807
Remodeling In Louisburg
Next we’re looking at remodeling an average Louisburg home with a budget of $62,807.
- Current Home Value: $204,250
- Remodeling Budget: $62,807
- Net Loss At 70% Efficiency:$18,383
- Value Added:$42,893
- New Home Value:$247,000
So for an average Louisburg, KS home we assumed a budget of $62,807. If you bought a new home you could end up with a home value of $245,100 and the new home value after renovating is almost the same at $247,143. Either of these estimates could be off by $20,425 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Merriam, KS
Buying A New Home In Merriam
The average Merriam home is worth $161,900, here are the costs of selling your home and buying another.
- Current Home Value: $161,900
- Cost Of A 20% Nicer Home:$194,280
- Commission To Sell Your Home: $8,905 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $7,286 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,214 at 0.75%
- Total Cost To Move From A $161,900 Home To A $194,280 Home:$49,784
Remodeling In Merriam
Next we’re looking at remodeling an average Merriam home with a budget of $49,784.
- Current Home Value: $161,900
- Remodeling Budget: $49,784
- Net Loss At 70% Efficiency:$14,571
- Value Added:$33,999
- New Home Value:$196,000
So for an average Merriam, KS home we assumed a budget of $49,784. If you bought a new home you could end up with a home value of $194,280 and the new home value after renovating is almost the same at $195,899. Either of these estimates could be off by $16,190 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Mission, KS
Buying A New Home In Mission
The average Mission home is worth $158,775, here are the costs of selling your home and buying another.
- Current Home Value: $158,775
- Cost Of A 20% Nicer Home:$190,530
- Commission To Sell Your Home: $8,733 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $7,145 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,191 at 0.75%
- Total Cost To Move From A $158,775 Home To A $190,530 Home:$48,823
Remodeling In Mission
Next we’re looking at remodeling an average Mission home with a budget of $48,823.
- Current Home Value: $158,775
- Remodeling Budget: $48,823
- Net Loss At 70% Efficiency:$14,290
- Value Added:$33,343
- New Home Value:$192,000
So for an average Mission, KS home we assumed a budget of $48,823. If you bought a new home you could end up with a home value of $190,530 and the new home value after renovating is almost the same at $192,118. Either of these estimates could be off by $15,878 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Mission Hills, KS
Buying A New Home In Mission Hills
The average Mission Hills home is worth $795,100, here are the costs of selling your home and buying another.
- Current Home Value: $795,100
- Cost Of A 20% Nicer Home:$954,120
- Commission To Sell Your Home: $43,731 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $35,780 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $5,963 at 0.75%
- Total Cost To Move From A $795,100 Home To A $954,120 Home:$244,493
Remodeling In Mission Hills
Next we’re looking at remodeling an average Mission Hills home with a budget of $244,493.
- Current Home Value: $795,100
- Remodeling Budget: $244,493
- Net Loss At 70% Efficiency:$71,559
- Value Added:$166,971
- New Home Value:$962,000
So for an average Mission Hills, KS home we assumed a budget of $244,493. If you bought a new home you could end up with a home value of $954,120 and the new home value after renovating is almost the same at $962,071. Either of these estimates could be off by $79,510 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In North Kansas City, MO
Buying A New Home In North Kansas City
The average North Kansas City home is worth $98,975, here are the costs of selling your home and buying another.
- Current Home Value: $98,975
- Cost Of A 20% Nicer Home:$118,770
- Commission To Sell Your Home: $5,444 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $4,454 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $742 at 0.75%
- Total Cost To Move From A $98,975 Home To A $118,770 Home:$30,435
Remodeling In North Kansas City
Next we’re looking at remodeling an average North Kansas City home with a budget of $30,435.
- Current Home Value: $98,975
- Remodeling Budget: $30,435
- Net Loss At 70% Efficiency:$8,908
- Value Added:$20,785
- New Home Value:$120,000
So for an average North Kansas City, MO home we assumed a budget of $30,435. If you bought a new home you could end up with a home value of $118,770 and the new home value after renovating is almost the same at $119,760. Either of these estimates could be off by $9,898 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Oak Grove, MO
Buying A New Home In Oak Grove
The average Oak Grove home is worth $122,075, here are the costs of selling your home and buying another.
- Current Home Value: $122,075
- Cost Of A 20% Nicer Home:$146,490
- Commission To Sell Your Home: $6,714 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $5,493 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $916 at 0.75%
- Total Cost To Move From A $122,075 Home To A $146,490 Home:$37,538
Remodeling In Oak Grove
Next we’re looking at remodeling an average Oak Grove home with a budget of $37,538.
- Current Home Value: $122,075
- Remodeling Budget: $37,538
- Net Loss At 70% Efficiency:$10,987
- Value Added:$25,636
- New Home Value:$148,000
So for an average Oak Grove, MO home we assumed a budget of $37,538. If you bought a new home you could end up with a home value of $146,490 and the new home value after renovating is almost the same at $147,711. Either of these estimates could be off by $12,208 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Olathe, KS
Buying A New Home In Olathe
The average Olathe home is worth $218,700, here are the costs of selling your home and buying another.
- Current Home Value: $218,700
- Cost Of A 20% Nicer Home:$262,440
- Commission To Sell Your Home: $12,029 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $9,842 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,640 at 0.75%
- Total Cost To Move From A $218,700 Home To A $262,440 Home:$67,250
Remodeling In Olathe
Next we’re looking at remodeling an average Olathe home with a budget of $67,250.
- Current Home Value: $218,700
- Remodeling Budget: $67,250
- Net Loss At 70% Efficiency:$19,683
- Value Added:$45,927
- New Home Value:$265,000
So for an average Olathe, KS home we assumed a budget of $67,250. If you bought a new home you could end up with a home value of $262,440 and the new home value after renovating is almost the same at $264,627. Either of these estimates could be off by $21,870 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Overland Park, KS
Buying A New Home In Overland Park
The average Overland Park home is worth $259,075, here are the costs of selling your home and buying another.
- Current Home Value: $259,075
- Cost Of A 20% Nicer Home:$310,890
- Commission To Sell Your Home: $14,249 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $11,658 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,943 at 0.75%
- Total Cost To Move From A $259,075 Home To A $310,890 Home:$79,666
Remodeling In Overland Park
Next we’re looking at remodeling an average Overland Park home with a budget of $79,666.
- Current Home Value: $259,075
- Remodeling Budget: $79,666
- Net Loss At 70% Efficiency:$23,317
- Value Added:$54,406
- New Home Value:$313,000
So for an average Overland Park, KS home we assumed a budget of $79,666. If you bought a new home you could end up with a home value of $310,890 and the new home value after renovating is almost the same at $313,481. Either of these estimates could be off by $25,908 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Parkville, MO
Buying A New Home In Parkville
The average Parkville home is worth $348,475, here are the costs of selling your home and buying another.
- Current Home Value: $348,475
- Cost Of A 20% Nicer Home:$418,170
- Commission To Sell Your Home: $19,166 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $15,681 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $2,614 at 0.75%
- Total Cost To Move From A $348,475 Home To A $418,170 Home:$107,156
Remodeling In Parkville
Next we’re looking at remodeling an average Parkville home with a budget of $107,156.
- Current Home Value: $348,475
- Remodeling Budget: $107,156
- Net Loss At 70% Efficiency:$31,363
- Value Added:$73,180
- New Home Value:$422,000
So for an average Parkville, MO home we assumed a budget of $107,156. If you bought a new home you could end up with a home value of $418,170 and the new home value after renovating is almost the same at $421,655. Either of these estimates could be off by $34,848 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Peculiar, MO
Buying A New Home In Peculiar
The average Peculiar home is worth $180,225, here are the costs of selling your home and buying another.
- Current Home Value: $180,225
- Cost Of A 20% Nicer Home:$216,270
- Commission To Sell Your Home: $9,912 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $8,110 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,352 at 0.75%
- Total Cost To Move From A $180,225 Home To A $216,270 Home:$55,419
Remodeling In Peculiar
Next we’re looking at remodeling an average Peculiar home with a budget of $55,419.
- Current Home Value: $180,225
- Remodeling Budget: $55,419
- Net Loss At 70% Efficiency:$16,220
- Value Added:$37,847
- New Home Value:$218,000
So for an average Peculiar, MO home we assumed a budget of $55,419. If you bought a new home you could end up with a home value of $216,270 and the new home value after renovating is almost the same at $218,072. Either of these estimates could be off by $18,023 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Pleasant Hill, MO
Buying A New Home In Pleasant Hill
The average Pleasant Hill home is worth $154,850, here are the costs of selling your home and buying another.
- Current Home Value: $154,850
- Cost Of A 20% Nicer Home:$185,820
- Commission To Sell Your Home: $8,517 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $6,968 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,161 at 0.75%
- Total Cost To Move From A $154,850 Home To A $185,820 Home:$47,616
Remodeling In Pleasant Hill
Next we’re looking at remodeling an average Pleasant Hill home with a budget of $47,616.
- Current Home Value: $154,850
- Remodeling Budget: $47,616
- Net Loss At 70% Efficiency:$13,937
- Value Added:$32,519
- New Home Value:$187,000
So for an average Pleasant Hill, MO home we assumed a budget of $47,616. If you bought a new home you could end up with a home value of $185,820 and the new home value after renovating is almost the same at $187,369. Either of these estimates could be off by $15,485 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Pleasant Valley, MO
Buying A New Home In Pleasant Valley
The average Pleasant Valley home is worth $132,100, here are the costs of selling your home and buying another.
- Current Home Value: $132,100
- Cost Of A 20% Nicer Home:$158,520
- Commission To Sell Your Home: $7,266 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $5,945 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $991 at 0.75%
- Total Cost To Move From A $132,100 Home To A $158,520 Home:$40,621
Remodeling In Pleasant Valley
Next we’re looking at remodeling an average Pleasant Valley home with a budget of $40,621.
- Current Home Value: $132,100
- Remodeling Budget: $40,621
- Net Loss At 70% Efficiency:$11,889
- Value Added:$27,741
- New Home Value:$160,000
So for an average Pleasant Valley, MO home we assumed a budget of $40,621. If you bought a new home you could end up with a home value of $158,520 and the new home value after renovating is almost the same at $159,841. Either of these estimates could be off by $13,210 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Prairie Village, KS
Buying A New Home In Prairie Village
The average Prairie Village home is worth $234,150, here are the costs of selling your home and buying another.
- Current Home Value: $234,150
- Cost Of A 20% Nicer Home:$280,980
- Commission To Sell Your Home: $12,878 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $10,537 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,756 at 0.75%
- Total Cost To Move From A $234,150 Home To A $280,980 Home:$72,001
Remodeling In Prairie Village
Next we’re looking at remodeling an average Prairie Village home with a budget of $72,001.
- Current Home Value: $234,150
- Remodeling Budget: $72,001
- Net Loss At 70% Efficiency:$21,074
- Value Added:$49,172
- New Home Value:$283,000
So for an average Prairie Village, KS home we assumed a budget of $72,001. If you bought a new home you could end up with a home value of $280,980 and the new home value after renovating is almost the same at $283,322. Either of these estimates could be off by $23,415 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Raymore, MO
Buying A New Home In Raymore
The average Raymore home is worth $178,250, here are the costs of selling your home and buying another.
- Current Home Value: $178,250
- Cost Of A 20% Nicer Home:$213,900
- Commission To Sell Your Home: $9,804 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $8,021 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,337 at 0.75%
- Total Cost To Move From A $178,250 Home To A $213,900 Home:$54,812
Remodeling In Raymore
Next we’re looking at remodeling an average Raymore home with a budget of $54,812.
- Current Home Value: $178,250
- Remodeling Budget: $54,812
- Net Loss At 70% Efficiency:$16,043
- Value Added:$37,433
- New Home Value:$216,000
So for an average Raymore, MO home we assumed a budget of $54,812. If you bought a new home you could end up with a home value of $213,900 and the new home value after renovating is almost the same at $215,683. Either of these estimates could be off by $17,825 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Raytown, MO
Buying A New Home In Raytown
The average Raytown home is worth $97,425, here are the costs of selling your home and buying another.
- Current Home Value: $97,425
- Cost Of A 20% Nicer Home:$116,910
- Commission To Sell Your Home: $5,358 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $4,384 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $731 at 0.75%
- Total Cost To Move From A $97,425 Home To A $116,910 Home:$29,958
Remodeling In Raytown
Next we’re looking at remodeling an average Raytown home with a budget of $29,958.
- Current Home Value: $97,425
- Remodeling Budget: $29,958
- Net Loss At 70% Efficiency:$8,768
- Value Added:$20,459
- New Home Value:$118,000
So for an average Raytown, MO home we assumed a budget of $29,958. If you bought a new home you could end up with a home value of $116,910 and the new home value after renovating is almost the same at $117,884. Either of these estimates could be off by $9,743 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Roeland Park, KS
Buying A New Home In Roeland Park
The average Roeland Park home is worth $160,900, here are the costs of selling your home and buying another.
- Current Home Value: $160,900
- Cost Of A 20% Nicer Home:$193,080
- Commission To Sell Your Home: $8,850 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $7,241 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,207 at 0.75%
- Total Cost To Move From A $160,900 Home To A $193,080 Home:$49,477
Remodeling In Roeland Park
Next we’re looking at remodeling an average Roeland Park home with a budget of $49,477.
- Current Home Value: $160,900
- Remodeling Budget: $49,477
- Net Loss At 70% Efficiency:$14,481
- Value Added:$33,789
- New Home Value:$195,000
So for an average Roeland Park, KS home we assumed a budget of $49,477. If you bought a new home you could end up with a home value of $193,080 and the new home value after renovating is almost the same at $194,689. Either of these estimates could be off by $16,090 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Shawnee, KS
Buying A New Home In Shawnee
The average Shawnee home is worth $222,850, here are the costs of selling your home and buying another.
- Current Home Value: $222,850
- Cost Of A 20% Nicer Home:$267,420
- Commission To Sell Your Home: $12,257 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $10,028 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,671 at 0.75%
- Total Cost To Move From A $222,850 Home To A $267,420 Home:$68,526
Remodeling In Shawnee
Next we’re looking at remodeling an average Shawnee home with a budget of $68,526.
- Current Home Value: $222,850
- Remodeling Budget: $68,526
- Net Loss At 70% Efficiency:$20,057
- Value Added:$46,799
- New Home Value:$270,000
So for an average Shawnee, KS home we assumed a budget of $68,526. If you bought a new home you could end up with a home value of $267,420 and the new home value after renovating is almost the same at $269,649. Either of these estimates could be off by $22,285 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Smithville, MO
Buying A New Home In Smithville
The average Smithville home is worth $176,350, here are the costs of selling your home and buying another.
- Current Home Value: $176,350
- Cost Of A 20% Nicer Home:$211,620
- Commission To Sell Your Home: $9,699 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $7,936 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,323 at 0.75%
- Total Cost To Move From A $176,350 Home To A $211,620 Home:$54,228
Remodeling In Smithville
Next we’re looking at remodeling an average Smithville home with a budget of $54,228.
- Current Home Value: $176,350
- Remodeling Budget: $54,228
- Net Loss At 70% Efficiency:$15,872
- Value Added:$37,034
- New Home Value:$213,000
So for an average Smithville, MO home we assumed a budget of $54,228. If you bought a new home you could end up with a home value of $211,620 and the new home value after renovating is almost the same at $213,384. Either of these estimates could be off by $17,635 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Spring Hill, KS
Buying A New Home In Spring Hill
The average Spring Hill home is worth $199,725, here are the costs of selling your home and buying another.
- Current Home Value: $199,725
- Cost Of A 20% Nicer Home:$239,670
- Commission To Sell Your Home: $10,985 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $8,988 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $1,498 at 0.75%
- Total Cost To Move From A $199,725 Home To A $239,670 Home:$61,415
Remodeling In Spring Hill
Next we’re looking at remodeling an average Spring Hill home with a budget of $61,415.
- Current Home Value: $199,725
- Remodeling Budget: $61,415
- Net Loss At 70% Efficiency:$17,975
- Value Added:$41,942
- New Home Value:$242,000
So for an average Spring Hill, KS home we assumed a budget of $61,415. If you bought a new home you could end up with a home value of $239,670 and the new home value after renovating is almost the same at $241,667. Either of these estimates could be off by $19,973 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Sugar Creek, MO
Buying A New Home In Sugar Creek
The average Sugar Creek home is worth $64,750, here are the costs of selling your home and buying another.
- Current Home Value: $64,750
- Cost Of A 20% Nicer Home:$77,700
- Commission To Sell Your Home: $3,561 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $2,914 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $486 at 0.75%
- Total Cost To Move From A $64,750 Home To A $77,700 Home:$19,911
Remodeling In Sugar Creek
Next we’re looking at remodeling an average Sugar Creek home with a budget of $19,911.
- Current Home Value: $64,750
- Remodeling Budget: $19,911
- Net Loss At 70% Efficiency:$5,828
- Value Added:$13,598
- New Home Value:$78,000
So for an average Sugar Creek, MO home we assumed a budget of $19,911. If you bought a new home you could end up with a home value of $77,700 and the new home value after renovating is almost the same at $78,348. Either of these estimates could be off by $6,475 in either direction so make sure you talk to a realtor and contractor for specific quotes.
Moving vs Remodeling In Weatherby Lake, MO
Buying A New Home In Weatherby Lake
The average Weatherby Lake home is worth $283,475, here are the costs of selling your home and buying another.
- Current Home Value: $283,475
- Cost Of A 20% Nicer Home:$340,170
- Commission To Sell Your Home: $15,591 at 5.5% commission
- Estimated Closing Costs To Buy A New Home: $12,756 at 4.5% of the home price
- Estimated Moving and Transition Expenses: $2,126 at 0.75%
- Total Cost To Move From A $283,475 Home To A $340,170 Home:$87,169
Remodeling In Weatherby Lake
Next we’re looking at remodeling an average Weatherby Lake home with a budget of $87,169.
- Current Home Value: $283,475
- Remodeling Budget: $87,169
- Net Loss At 70% Efficiency:$25,513
- Value Added:$59,530
- New Home Value:$343,000
So for an average Weatherby Lake, MO home we assumed a budget of $87,169. If you bought a new home you could end up with a home value of $340,170 and the new home value after renovating is almost the same at $343,005. Either of these estimates could be off by $28,348 in either direction so make sure you talk to a realtor and contractor for specific quotes.
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What Does This Mean?
As you can see, on paper, the numbers could be fairly close between moving or remodeling. There are many other things to consider. What are the Pros and Cons of remodeling, moving and buying a home?
Pros and Cons
When it might make sense!
It might make sense to move when your current home:
- Needs more living space
- Doesn’t have enough yard
- Doesn’t have a basement or enough parking
- Has bad neighbors
- Has bad schools
- Has neighbors with annoying animals
- Has neighbors who are not keeping their houses up
- Has too many stairs
- Is poorly designed or built
- Is due for a lot of future work
- Is surrounded by problematic traffic issues
- Stirs up bad memories
- Would sell quickly at a premium price
- Is fine but it’s time for a nicer neighborhood
It might make sense to buy your proposed new home if it:
- Has a larger yard
- Has more square footage
- Meets your growing family’s needs
- Is designed or built better
- Is closer to family, schools, shopping and work
- Has a safer neighborhood
- Has a quality HOA
- Is distressed and/or under-priced which gives you the potential of quick equity
It might make sense to remodel your current home if it:
- Is in the perfect neighborhood
- Is located close to family, schools, shopping, and work
- Is dated or becoming distressed
- Needs more living space
- Is not big enough for your growing family
- Is where you want to ‘Age in Place’
- Is where your children’s friends and school is at
- Has sentimental value
- Has made great lasting memories that you don’t want to leave behind
Selling A Home
For the most part, when people buy a house (including you); they want it move in ready and looking great. Would your home sell quickly as be or does it need a lot of work and money invested in it to make it sell? Ask any quality realtor and they will tell your house should be looking decluttered, fresh and inviting the minute it enters the market; especially, if you want it to sell quick and to get a premium price.
Joys and Pains of Moving
Very few homes are completely set up how you want them. There are usually wall colors to change, flooring to upgrade, and future changes brewing in your head. It is exciting to move and to start fresh. There is a feeling of advancement every time you upgrade in neighborhoods. This can bring joy and excitement to you and your family.
There are also the pains of moving. You have to ask friends and family for help to pack and move. There is the renting of the moving truck or hiring movers. There is the possibility of uprooting children from schools or friends. There might be a bigger yard to take care of or a bigger home to clean, maintain and to fill with furniture.
Remodeling Your Current Home
Remodeling is fun and exciting for some but for others; it sucks the life out of them. Remodeling is messy, dusty, and at times chaotic, particularly, if you are living in the home at the time. Strangers will be in and out of your home; starting early in the morning before your work and they maybe even be there afterwards. Weeks without a bathroom or kitchen can feel overwhelming. Lumber piled on the driveway or in garage may take your parking spot. Your pets might have to be locked up all day while the workers are there. Remodeling disrupts your life.
Do you handle surprises well? When walls are opened up; wood rot, structural issues, treasures and even nightmares have been found. Unplanned expenses can hurt your pocket book and cause stress in your home life.
Keep in mind that not all remodeling will fully pay off because of the neighborhood but if you plan on living in your current home for an extended time; it might make sense to remodel, so you can easily sell it later and so you are able to enjoy your home how you like it or need it.
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We hope this article was a neutral tool for you to see the pros and cons of moving or remodeling in Kansas City. Be sure to get a lot of wise counsel and definitely start with a realistic budget that doesn’t stretch your financial situation whether moving or remodeling. Contact a top-notch realtor if you choose to buy or sell your home or if you want to remodel your current home; make Dream Home Enterprises your first choice for remodeling in the Kansas City area.
Dream Home Enterprises has been serving the Kansas City area since 2003. We are a licensed General Contractor with a passion for building, renovating, repairing, and maintaining residential properties. We use in-house trained employees and proven service providers who want to excel as a craftsman, so you get a professional result.
We provide a full-service DRAMA FREE PACKAGE from design to completion.
Dream Home Enterprises
PO Box 1045
Belton, Mo 64012
816-779-9999
- office@lawnandhome.com
Hopefully, this was a useful tool for you to make a wise decision?
Thanks for reading! Hopefully, this truly was the Ultimate Guide to Moving and Remodeling in Kansas City. Let us know what you think and help us out by sharing this with your family, friends, and coworkers so they can make a wise home buying or remodeling decision.
Sources
- Home Value Data: Zillow – https://www.zillow.com/research/data/
- Remodeling Cost to Value Ratio: Financial Samurai – http://www.financialsamurai.com/does-remodeling-pay-off-make-money/
- All other calculations and information are the original work of Dream Home Enterprises (operator of WWW.LAWNANDHOME.COM)
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