Renovate or Relocate? Pros and Cons of New Construction vs. Remodeling

Deciding whether to relocate to new office space or to renovate your current facility requires careful thought and consideration by your business management team. Each of these choices can offer advantages and drawbacks for your company. For instance, choosing a reputable Houston commercial painting and renovation company can sometimes be the most cost-effective solution for your business. If your current facility is in an undesirable location or is in disrepair, a new building could be the answer to your problems. Here are some of the most important factors to consider when deciding whether to renovate or relocate in the Houston commercial real estate market.

Expansion Plans

If your company is currently stretching the capacity of its available space, a new facility or office building may be the solution to this issue. Renovating your current business location will not usually expand the area available for employees and production. Upgrading to a new location can sometimes resolve space issues quickly and effectively. In some cases, companies that build and sell Houston metal buildings may be able to increase the space available for storage, workspaces and other necessities.

Cost Concerns

Purchasing or constructing a new facility for your employees can be a costly decision. Depending on the extent of renovations needed for your building, you may save money by opting to remodel and restore your building to its former glory. Choosing a reputable Houston concrete contractor can ensure that all work is completed to code and that your project proceeds on schedule and within the budget parameters set for your renovation.

Intangible Advantages

Renovating your current space can improve staff morale and may even increase productivity throughout your organization. Upgrading structural elements and equipment throughout your buildings can increase the value of your property while presenting a more professional image to customers and clients. Building a new facility, on the other hand, can increase your visibility in the local marketplace and can allow you to enjoy an improved reputation among your most likely clients.

Making the right decision about renovation or relocation can help you manage your available funds more effectively and can ensure the best return on your investment. At Keeton Construction Services Construction Services, we offer the most practical solutions for all your new construction and renovation needs. We construct metal buildings and perform full-scale remodeling to help your business achieve its goals. Our team can also provide fire and water restoration services to restore your facility to full operation. Call us today at 281-304-5885 to discuss your needs with one of our expert contractors. We look forward to the opportunity to help your business shine in the competitive marketplace.