Many homeowners are purchasing land with old houses on which they can renovate and call home. However, renovation is not the only alternative available. In certain circumstances a knockdown rebuild is the better option. There are several benefits of a knockdown-rebuild vs buying established and renovated homes. Let us look at a few of them.

1.   You get the house and the place:

There is no reason to give up your way of life when you are rebuilding. Finally, you can construct the home of your dreams while staying in the same place! You will keep your neighbours, your children’s schools and social clubs, and the community you have grown up in.

2.   Bigger home:

Renovating comes with many restrictions. You are moving with existing structures, which can necessitate innovative budget decisions. Moreover, you will create a bigger house with a knockdown and restore.

Rebuilding your home would allow you to make more use of the property. Thus, you can incorporate additional amenities such as a swimming pool or an outdoor space.

3.   Modern Design:

Styles and patterns are constantly growing. Mostly, buyers who purchase an older house redesign the structure’s exterior to make it more modern. When a quick facelift is not enough, try reconstructing.

Knocking down and rebuilding is more cost-effective. Since you will be working from the ground up, there would be no sacrifices to maintain the initial framework. You get to design brand new luxury homes with extensive floor plans and beautiful outdoor recreation areas. You will also be able to build more environmentally friendly and energy-efficient homes.

4.   Cost-Cutting:

Reconstruction will cost more than a knockdown rebuild. Renovations are more expensive per square meter than constructing a new home. Evaluate other charges, such as inspection costs, construction supplies, permits, council dues and labour, when agreeing to renovate.

Old electrical lighting, plumbing, and sewage systems can all be replaced. Older systems are less dependable than newer ones. Try building a new home as the final expenses can go way out of the budget. In addition, rebuilding is less complex and more cost-effective when done correctly.

5.   Return on Investment:

The valuation of your house will climb the ladder if you build a brand new, larger home on the same plot of land. A knockdown rebuild project is a way to go if you want to see consistent capital growth.

Takeaway

If you are still confused with a knockdown-rebuild vs buying established and renovating, you can contact us here at Green Lifestyle Homes. We have extensive experience in custom eco-friendly, sustainable home builds, knockdown rebuilds and more! Speak to a friendly specialist today for more information on how to get started!