Yes. Should I qualify that answer? No, but you may want to. The truth is that almost any time could be an excellent time to remodel depending on your goals and needs. And your needs may have nothing to do with market values. You may not be all that concerned about equity, short term gains, or market fluctuations. You may be far more interested in getting what you want in your home, providing for a growing family, or creating conveniences that you’ve done without for too long. Now, while there is a lot to be said for controlling your purchases and making better money decisions, a home remodeling project can be put into a different class than building a new home from scratch. So, whether or not this is the right time to attempt a major home remodeling project depends upon your goals. If it is to add significant value for resale alone, then it may not be wise. But, if you need the space for a growing family, bringing in renters, or for relatives that you want to house, then that takes precedence. Get advice about your personal strategy from your home building coach, talk with local building industry professionals and plan well before you proceed.