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Should You Renovate Or Rebuild? A Guide To Help You Decide

Jun 23, 2021

Trying to decide whether to renovate or rebuild can be difficult. You may have just bought a new home and you can’t wait to turn it into your dream property. However, how you go about making it perfect is still in question. There are a whole lot of different reasons to consider when deciding whether renovating or rebuilding might be the more appropriate option for you. Take a look at some of these reasons before you decide whether to renovate or rebuild.

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1. How much work needs to be done?

Undertaking renovations of any home are a huge feat in both time and patience. If you don’t want to spend a lot of time working on your home, then it's a good idea to ask yourself whether you want the hassle of renovating. This is especially true if there is a lot of work that needs to be done on the home to get it to the state you’re looking for. If the amount of work that needs to be done is making you shudder in horror, you might want to consider rebuilding instead.

2. Budget

If you are planning on an extensive restoration and significant structural changes, it can often be cheaper to completely start from scratch. New homes can be built for significantly less than you would expect. New home builds are a great option for anyone who is on a tight budget but wants to get a home that is just right for them.

If, however, you purchased a historical home, you will more than likely want to keep the home itself and update it with modern touches. If this is the case, then spending extra money on renovations is more advisable than losing its existing character by rebuilding.

3. Condition of your existing home

There’s no denying that the condition of the existing home itself will play a huge role in whether you decide to rebuild or renovate. A rundown home that is not structurally sound or safe may not be worth the time, money, or effort that will go into it if you decide to renovate. These are often the homes that were bought for land value only and are great contenders for rebuild projects.

4. How soon you need your home completed

The timeline of when you need your home completed - or at the very least liveable - will be a big contributing factor as to whether to rebuild or renovate. Renovations can be completed in as little as a few weeks or even days, depending on the level of work you were planning on doing. A rebuild, however, can take upwards of 9 months.

If you have somewhere to stay while work is underway, then you can absolutely commit to rebuilding your entire home.

If, however, you will have to live in your home at the same time as construction is going on, then renovating your home will probably be your best option. It’s possible to renovate your home one or two rooms at a time so you can still live in the home and utilise the rest of the space.

When it comes down to it, both renovating and rebuilding are fantastic options to get the home of your dreams. The best choice for you will depend on what your needs are and what you’re hoping to achieve. If you need a reliable and professional team to help you out with your rebuilding or renovating journey in Bundaberg, give us a call on 0419 664 972? We can help you out with all your home construction needs.

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