Renovate or Rebuild? Here’s How to Decide

When you notice your home is in need of a facelift, you might be considering doing a full renovation. Many people completely renovate their homes, from the kitchen and bathroom to re-plastering walls, and this kind of extensive renovation can completely transform the look of your property. However, there is another option that not many people consider. You may be able to demolish your existing home and build a new one on the land, which means you can enjoy a new build home without leaving the neighbourhood. Here are some things to consider when making a decision.

The cost of each project

Cost will be a major factor for most people. They will often want to know which project will cost them the least. It’s worth consulting with new home builders Canberra to see what cost you’ll be looking at with a knockdown and rebuild versus a renovation.

If you rebuild, your new home will often be more energy efficient, which can save you money too. If your home is particularly old and expensive to cool, this may be something you’ll want to think about.

Disruption and length of the project

Most people worry about how disruptive a project will be. Some things to consider include:

• Whether you can do it in stages – a renovation can be done a bit at a time, although this can get in the way.

• Where you’ll stay – with a renovation, most people stay in the house, which can mean dust and noise. A knockdown project can be better, as it means you move away from your property and move back once it’s complete.

• Where you’ll stay – some people have a mobile home on site while work is being done, but you could also consider a short-term rental if you’re having a rebuild

It’s important to consider the practicalities of a big project, as it can be quite stressful at times and difficult to juggle things like work and family.

The structure of your home

Ultimately, if a renovation is cosmetic, it’s usually straightforward, but if you need to do structural work, then it can get expensive and long winded. It’s worth getting an inspection of your home to see its general condition before you decide what to do.

If you’re trying to decide whether to renovate or demolish and rebuild, the above tips will help you make a decision that’s right for you, and suits your lifestyle and budget.