Should You Renovate Or Rebuild Your Home?

The Amount Of Work

When planning any major changes to your home, first identify the areas you'd like changed. Often, rebuilding these areas - especially if you're wanting large-scale work done - is the best solution.

When you rebuild, you can easily entrust your builder with the process. Renovation is usually more time-consuming and requires more work, as you'll need to engage contractors for long periods.

The Age And Condition Of Your Home

If you live in a classic older home, renovating can give you an upgrade while preserving your home's uniqueness. The age of your home can also influence council regulations. Some councils don't allow homes of a particular age or heritage to be remodelled or demolished.

Additionally, council regulations may impact what work you are allowed to complete on your property. You'll also need to apply for a permit if you're planning to remove any trees or vegetation before work begins. 

Cost Of A Rebuild

Cost is a significant factor for most people, and renovation usually attracts a higher expense than rebuilding. Renovating an Australian home can cost up to $4,000 per square metre, depending on the materials used.

If you're wanting significant work done on your home, rebuilding proves to be more cost-effective.

The Market Condition For Your Location

It's crucial you don't overcapitalise, or spend more money on your home than it's worth. If you live in an attractive suburb, your risks of overcapitalisation are likely lower. If you live in a less sought-after location, a renovation is a safer option. A local real estate agent can help give you an idea of how the market's faring. 

Orientation

Access to sunlight from the north is ideal, especially in living areas. If you can't create more space for sunlight access in your home, renovation might not be ideal.

Timeline

For renovations, the size and scope of the job will dictate the timeline. Work can take as little as a week or two months. Complete rebuilds are much longer, generally taking 8-12 months. 

Cost Of Renovating

Renovations tend to require a more proactive approach. You'll be involved in everything from permits to contractors, will have many workers entering your home and will likely still be living there while the work is done.

Some sections of your home may not be able to be used while work is continuing. This can really change your lifestyle and carry its own emotional impacts. 

Considering A Renovation Or Rebuild? Choose Total Package Construction

For quality and affordable home and commercial construction projects in Maryborough and surrounds, look to Total Package Construction.

Contact us on 0400 155 017 today.