is it better to remodel or buy anthoer house?We own our home outright, no mortgage, but we are considering adding a 600 SF room (Bedroom, Bath, and walk in closet). This addition will make our home grow from 950 SF to 1,550 SF. However we have seen many homes in our city either up for sale or foreclosure, for example we have seen a 1,900 SF home w/Pool (Y/B -1956) needs a little bit of work, for $80,000. If we made an offer we would hav to mortgage the home, but if it cost us $15,000 to add the room we could pay that off by the time they finish building our room.Is it better to remodel or buy another house?January 30 2012 - Southwest00YesReport 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.