When it comes to making renovation, remodelling and rebuilding decisions, there are a lot of factors to consider. Ultimately, the decision is made on a case-by-case basis by weighing up costs and benefits.
When it’s time to renovate what comes first?
If a home has good structure and is in relatively good shape, it may be feasible to renovate. However, if there are structural issues with the foundation and supporting walls, it may be safer to knock it down and start from scratch.
Build or renovate, on the other hand, requires more effort and resources to get it done. It is a more involved process and often takes longer, as well.
Moreover, it can be more difficult to get building permits and inspections for the rebuild. It also takes more time to prepare the property and get it ready for sale, which can reduce your return on investment.
A new build, on the other hand, can be constructed in a shorter amount of time and is usually more energy efficient than a renovated house.
The pros and cons of renovating, remodeling or rebuilding can be confusing. Before you make a final decision, you should consult with a construction professional to see which option is right for your specific needs.
From a material conservation and sustainability point of view, it’s always better to reuse as much of your existing materials as possible when renovating or remodeling a building. You can do this by offering them to other people for use, recycling or reselling them.
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