Stay and Remodel, or Sell and Move?

In Miami's 2026 market, remodeling is almost always cheaper. The transaction costs of selling and buying ($60,000 to $80,000 on a $500,000 home) exceed the cost of most remodeling projects. A major kitchen and bathroom remodel runs $30,000 to $50,000, which is still less than what you would spend on commissions and closing costs alone. Plus you keep your current mortgage rate, which is likely lower than what you would get today.

For $60,000 to $80,000 (the typical cost of selling and buying in Miami), you could do a full kitchen remodel ($20,000 to $35,000), a master bathroom remodel ($12,000 to $22,000), and repaint the entire interior and exterior ($5,000 to $15,000). That transforms your entire home. Most homeowners are surprised at how much remodeling they can do for the cost of just the transaction fees of moving.

Yes. Kitchen and bathroom remodels have the highest ROI of any home improvement. A minor kitchen remodel recovers 75% to 85% of its cost. A bathroom remodel recovers 60% to 70%. Even if you remodel and then decide to sell later, you get most of that investment back. And you get to enjoy the improvements in the meantime. Moving costs you money with zero return.