If you are one of many homeowners who love your neighbourhood but not the house you live in, you will be facing the renovate or knock down dilemma.
You will find yourself asking: do I undertake a major renovation to add to my existing space? Or do I start from scratch, knock down my house and build my dream home in my favourite location?
While there is no one-size-fits-all answer, we explore each approach to help you make a well-informed decision about which will work best for you.
Some people aren’t as lucky to have the option to knock down their existing property and rebuild. Many factors surround whether this option is feasible for your circumstance. The following is what you will need to consider possible for a knockdown to happen:
The Housing Industry of Australia says about a third of all new detached houses are now knock down rebuilds. That’s because demolishing your existing home and building a new one has many advantages. They are:
If you love the character of your existing house and you’re prepared to work with the quirks and challenges of an older home, a knockdown might not be your best option. However, we recommend you investigate the challenges before making your decision, as to avoid a forced knockdown in the future.
Are you considering a renovation to your home, rather than a knockdown? A renovation might be an appropriate option, especially if your home fits into the following:
Cost blow-out is the biggest disadvantage to a renovation, especially with any unexpected issues that come about from the existing structure. It is this unpredictability which makes it difficult to secure a fixed-term contract. Compromising on your dream home is the other major downside of a renovation; your design choices can be easily compromised when you have to consider the existing structure and its limitations.
It’s important to find a specialist builder with proven project experience. G.J. Gardner Homes has years of knock down experience and we take care of everything, all with the complete confidence of a fixed term contract.
Get in touch today and see how we can build you your dream house in your dream neighbourhood!