There comes a time in every homeowner’s life when they must ask themselves the question: should we knock down and rebuild our home? Of course, this is not a decision to be taken lightly – it can be expensive, time-consuming, and stressful. But there are many reasons why knockdown rebuild might be the right choice for you.
You should consider a few things before knocking down and rebuilding your home. So let’s take a look at some of the pros and cons:
The Pros of a Knockdown Rebuild
As we age, we think about ways to make our homes more comfortable and accessible. Knockdown and rebuild can be the perfect solution for this. Here are some of the advantages:
You Can Stay in the Neighbourhood You Love
One of the biggest pros of a knockdown rebuild is that you can stay in the neighborhood you love. Suppose you’ve spent years building relationships with your neighbors. And if you’re happy with the area, then why would you move? A knockdown rebuild allows you to keep the location you love and build your dream home on the same land.
You Can Customise Your New Home
When you rebuild your home from scratch, you have the opportunity to customize it. It suits your needs and taste. For example, you’ve always wanted a bigger kitchen. Or a master bedroom with an ensuite bathroom. Or a specific layout would work better for your family. Whatever it is, when you rebuild, you can make it happen.
You Can Increase the Value of Your Home
If done correctly, demolition and rebuilding can also increase the value of your home. It is especially true if you plan to make significant changes or additions. These might include adding another bedroom or expanding the size of your living room. Not only will this make your home more enjoyable to live in, but it will also make it more attractive to potential buyers.
You Can Save Money in the Long Run
While rebuilding your home from scratch may cost more than renovating, it can save you money in the long run. A knockdown rebuild will result in a higher quality and more energy-efficient home when done correctly. In other words, while it may cost more at first, a knockdown and rebuild will save you money on heating and cooling costs and repairs down the road.
You Can Get a Fresh Start
A knockdown and rebuild can give you a chance to start fresh. If your current home is in disrepair or you’re simply tired of it, knocking it down and starting from scratch can be the perfect solution. This way, you can end all the old memories (and baggage) and start fresh with a brand-new home.
The Cons of a Knockdown Rebuild
Of course, as with anything, there are also some disadvantages to consider before deciding to rebuild your home. Here are a few of the potential cons:
The Arrangement of Your Temporary Living Space
One biggest cons of demolition and rebuilding are finding a place to live while your home is being rebuilt. It can be difficult, especially if you have a large family. Not only do you need to find a place that’s big enough to accommodate everyone, but your storage needs will also be increased. Additionally, you’ll need to factor in the cost of your temporary living arrangement, which can add up quickly.
You Need To Find Experienced Contractors
If you decide to rebuild your home, you need to find experienced contractors who can do the job right. It can be a challenge, as there are many fly-by-night companies out there that will take your money and run. To avoid being scammed, you must do your research and only work with reputable companies.
You Might Need Council Approval
Another con of rebuilding your home is that you might need to obtain council approval. It can be lengthy and costly, as you’ll need to submit plans and go through the approval process. If you need to become more familiar with the process, it’s best to hire a professional who can help you navigate it.
Rebuilding your home from scratch can be daunting, but it has many advantages to consider. Whether you’re looking for more space or want to customize your home to suit your needs, a knockdown rebuild may be the right solution. Just make sure to weigh the pros and cons carefully before making a decision.
Do you consider knocking down your home and starting from scratch? What advantage would it give you the most? Let us know in the comments below!