Tips To Choose Between Renovating And Rebuilding Your Home

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Tips To Choose Between Renovating And Rebuilding Your Home

This post is for anyone who has been debating whether to renovate or rebuild their home. It's essential to consider the actual cost of a renovation concerning the value of your home before deciding what route you want to go. Of course, this decision should be based on your personal preference and financial situation. Still, it’s always helpful to have an idea of what either option would entail so that you can make an informed decision about which one is right for you.

Renovations or Custom Rebuilding: Which is More Cost-effective? 

 

This question has been debated for years. Of course, both home improvement methods are very different in terms of what they entail and the amount that it will take to complete them. Still, at least one thing you can say about both renovation projects and custom rebuilding projects is that the final result should be a well-built home with no need for any further work on it after completion.

The Price Of Rebuilding Your Home

The freedom of building new can come at a price. While you will have the opportunity to start from scratch, ensuring that your dream home is perfect for you and your family, this comes with expenses like demolition, extra site work, utility disconnection and possibly relocation, and more intensive design and planning costs.

The Price Of a Custom Renovation

Renovating an old building is not only more environmentally conscious but can also be less expensive than a new build. The cost of renovations depends on the extent and scope of work that is needed to make your home look and as you are wanting it to.

You may not want to start from scratch with your home if you're looking for the most cost-effective option. A custom design renovation is a quicker and more affordable way of retrofitting your home to update your space without breaking the bank when it comes time for construction.

 

A Benefit of Renovating: Shorter Project Duration

 

No matter what way you spin it, renovating an older building typically takes less time than constructing a new one- from design time, permit applications, inspections and actual build time. There are so many more necessary steps in a new home build such as site excavation for foundation through to the construction of a whole new structure—as such, rebuilding your home from scratch will take longer because it requires so much planning and effort to get started.

 

Renovating Your Home to Achieve Your Ideal Design

 

The most important decision to consider before choosing whether to renovate, or build new, is your home's function and layout. Although a renovation with a Home Renovation Designer in Calgary can involve home extensions, removing walls and drastically changing many aspects within the home, it does have it's limitations as the builder needs to work with what is already there. Renovations are not always the best option as they will limit what you can do, so consulting with your builder in incredibly important before making a final decision.

 

Custom Renovation or Custom Build?

 

Which path is right for you: New construction or renovating an existing home? Ultimately, it's a decision that will come down to you, your goals, budgets and timelines. Consulting with an experienced full service builder will help you weigh out the benefits and drawbacks to each option and provide you with the Best Home Renovations Calgary should you decide to go that route. While new buildings give you more control of the final product, they also are costlier and take longer to complete. If you lobe your neighbourhood and just want to give your home a facelift, renovating may be the right option for you. If your home is too old, or has many structural problems like cracks in the foundation, then it might make more sense to keep the lot and rebuild instead.

The team at FLR Developments has helped many clients decide which route to go, and helped take them through from design and planning through to construction and post possession and warranty. Contact the experienced team at FLR Developments for a consultation based on your home and family to determine which choice will work best for you. They can be reached at 1-403-980-2205 or by filling out the form below.

WE CUSTOM DESIGN YOUR DREAM HOME OR BUSINESS

Whether you want a custom luxury home, or to bring your commercial venture to life, our builders make the process as straightforward, cost-effective, and simple as possible. From the design stage to taking care of all the permits, and expertly managing every stage of the process, we take the challenge out of new builds, so you can focus on what’s truly important: achieving your dream. 

We are proud to serve Western Canada. Want to know how we can get your building project completed on time and on a budget? Contact us at  (403) 980-2205  or fill in our online form.

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