Should you remodel your home or move?

Should you remodel your home or move?

Assessment

Interactive Video

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Quizizz Content

Business

University

Hard

The video discusses the decision-making process of Teresa and Doug Riggs, who choose to renovate their home instead of moving. It covers the importance of considering safety, return on investment, and the stress of construction versus moving. Realtor Kari Lindstorm advises on minimal changes and equity benefits. The video also explores when buying a new home might be more beneficial than renovating, especially when the current home doesn't meet new needs. Family considerations, such as being close to grandchildren, play a significant role in the Riggs' decision to renovate.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main reasons Teresa and Doug Riggs decided to renovate their home instead of moving?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What considerations should be made when deciding to renovate a home?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the decision of whether to invest in renovations or move to a new home?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

According to Bankrate.com, when is it advisable to buy a new home instead of renovating?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does being close to grandchildren influence the Riggs' renovation decision?

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