Should You Go for a Home Rebuild?

If you already have a house or you just bought one, the idea to renovate or rebuild your home must have crossed your mind. This is a question that needs a lot of consideration as there are a lot of moving parts here. Just to make things clear, here are a few things you should keep in mind if you think home demolition and rebuild is the right way to go.

Determine How Long You Will Stay There

That’s the first thing that should pop up in your mind. If you are considering living in the same house for the next 10-15 years, rebuild your home as it lets you enjoy living in a new house. Every element in a home comes with a timer that dictates how long it will last, for example, the chimneys, appliances, exterior paint, shingles, walls, and so on.

Although replacing a few appliances, renovating patches here and there seems economical, it will add up once certain elements begin expiring. Sometimes, you would have to replace a few costly items like a roof and a centralized AC unit in the same calendar year and that adds up to a lot. However, once you opt for home demolition and rebuild, you have reset the timer. Additionally, when you decide to sell the home, say 10 years later, you only have a 10-year-old home to sell and any period before the rebuilding isn’t counted.

Calculate the Cost Associated with Renovation and Rebuild

Assuming that you are unsure whether to renovate or rebuild your home, consider the costs associated with both the options. Get in touch with home building contractors, such as Davery Homes, to find the exact cost of renovation and rebuilding your home where the former is likely to be cheaper in most cases. No doubt that cost is a crucial factor here and even if you have decided to demolish your home and rebuild it, the exorbitant cost will eventually force you to renovate or remodel instead.

Impose on the Advantages of Rebuilding a Home

Keeping the cost aside, there are countless advantages of going through home demolition and rebuild from scratch. Once you decide to rebuild a home, you are essentially left with deciding almost everything – from the layout, materials to use, ventilation, insulation, lawn, garden, and so on. You can’t do it all by yourself but rebuilding gives you a higher degree of customizability. You can build a house that adheres to energy codes, opt for solar energy and rainwater harvesting, and basically, inculcate many features that you wouldn’t otherwise get buying an existing house.

Take Note of the Disadvantages of Rebuilding a Home

Just like there are two sides to a home, there’s always a pro and con if you decide to rebuild your home. To begin with, you should have an old home. If you don’t, you will have to search for real estate listings that suit your budget and purchase it. Then there’s a lot of planning with architects, contractors and others involved, so you can explain what you want to get done, such as setting up an open space on the top of your house, and so on.

Getting all the required clearances, adhering to the restrictions imposed by the concerning municipal corporation of your region, and others are a few things you would need to consider before deciding to go all in. 

Davery Homes operates in Edmonton and the Greater Area, offering luxurious custom-made homes that don’t make any compromises with your preferences and budget. A perfect blend of craftsmanship, Davery Homes will transform your property, sprucing it up like nothing you have seen ever.