04 May Knockdown Rebuild or Move
Asking yourself that question can throw up reasons for and against both options, it really comes down to what you are trying to achieve. Your home is not just a house on the street it is a sense of belonging in the community. You may have lived in your home for many years or purchased in an area you love but the house needs major improvements.
Whatever your reason for exploring change to your place of residence there is more to consider than first meets the eye, so how do you decide between moving or knocking down your existing house and rebuilding.
Either way there are financial and emotional questions you need to consider – How do you decide?
Love the location but not the house
One of the key reasons people decide to knockdown and rebuild is the location. It meets their needs and they love living there because they may be close to work, shops, schools and recreation activities that all the family enjoy.
It is often more financially smart to knock down and rebuild, than it is to renovate, especially if your existing home is in an area you love. You will be able to enjoy the benefits of a new home often with financial benefits, no hidden surprises and minimal disruption to your life and stay in the locality you know and enjoy.
Find the right builder
You want to know when you make that big decision to demolish your once loved or newly purchased home that the job is in the best hands. A builder with knockdown rebuild experience who can project manage the job with a focus on time and financials is essential to the finished product.
The right builder will be able to provide you with all the information you need to understand the process, deal with all the regulatory requirements and work closely with you to reach your goals on time and on budget with no hidden surprises and a quality finish that will last the test of time.
Moving is stressful
If you are considering moving there are the practical considerations to take into account, including selling your home, finding that dream home in the right location, stamp duty, legal costs, moving costs, changing schools and many other things that make moving stressful.
So stressful in fact it is one of the top 5 stresses we may experience in life.
When you need to weigh up the pros and cons of moving versus knocking down your existing home and rebuilding it is important you speak with a professional who has the experience to provide you with as much information as you need to make an informed decision.