Should I buy or remodel? This is a tough question often asked in the current real estate climate.Your answer depends on your unique situation. Home prices and mortgage interest rates will probably start inching up this year. So the cost of buying is at an all-time low. And if things you want to change cannot be done for your existing home â€“ schools, property size, location, life style â€“ then it just makes sense to move. There is a flip side to this, though. If you are upgrading to a new home, your property taxes, even homeowners insurance may increase. However, remodeling will usually not increase your costs of these items as much as buying. So, staying where you are could mean a tax savings if you can get what you want by remodeling your existing home. You just have to do the math and weigh all options.February 21 2013 - Johnson City00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.