To renovate, or to rebuild, that is the question. However, the answer is not an easy one. On one hand, renovating may seem like a quicker solution, but at the same time, you may risk falling into a vicious circle of never-ending repairs which can end up costing you a small fortune. Similarly, rebuilding your home has both advantages and disadvantages, so you have to make sure to take all the aspects into consideration prior to making your final decision.
In order to help you out, we’ve prepared a list of the crucial factors for you to look at.
Let’s find the right answer!
Want to Keep Your Home’s Authentic Character?
Some old houses have an authentic feel that you may find worth preserving. In that case, renovating is the perfect option.
Renovating will enable you to keep the character but update and modernize parts of the design. However, if you’re more into modern architecture, don’t hesitate to follow your own desires. After all, if there aren’t any legal regulations preventing you from tearing down your old house, it’s completely up to you to make the final decision.
Additionally, you should keep in mind that some houses, especially those more than a hundred years old, may not be worth saving since just the costs of renovating the plumbing and heating system can be enormous!
Some Alterations Require Rebuilding
Before you even start thinking about remodeling, you have to make sure to create a list of all the alterations that you would like to introduce.
For example, if you want to add some additional space, you don’t necessarily have to rebuild your whole place, but just make sure to find the easiest way to connect your new rooms to the old parts of the house.
On the other hand, if the foundation is bad, trying to fix it without tearing down the entire house may turn into a long and tiring process that will cost you an arm and a leg. We have some great tips to help just visit our article > Repairing Your Homes Foundation.
Get-well Informed and Consult Professionals
In case a renovation turns out to be a better option, a lot of people decide to do it on their own. Unfortunately, many of them are not well-informed about this matter, so they often expose themselves to serious risk.
One of the major issues is definitely asbestos that can be found in various construction materials. However, during a remodel, its particles are released into the air and can seriously harm our lungs when inhaled. Therefore, before you even start thinking about doing this project on your own, make sure to contact the professionals who specialize in asbestos removal. This way, you’ll avoid any possible complications and be sure that you won’t endanger your health.
Has Your Home Suffered Serious Damage?
In case your house has suffered more extensive damage, rebuilding may be the most efficient and cost-effective solution. For example…
#1 if there was a flood and the water has devastated your entire first floor together with the basement, a careful house demolition is definitely the right answer to your problem. Not only will you save a significant amount of money this way, but you’ll be sure that everything is done according to your own liking and requirements.
#2 The same goes for houses that were hit by an earthquake, because unless you rebuild them properly, you may end up facing some serious safety issues.
How Much are You Ready to Spend?
Lastly, if you haven’t still made your final decision, we suggest determining how much you are ready to spend, and then, based on this, see what is the more appropriate solution for your home. Additionally, you have to be sure that you’re getting the right numbers.
After all, there is nothing worse than realizing in the middle of remodeling or tearing down that you don’t have enough money to finish the job.
On top of that, both renovating and rebuilding can have some hidden costs as well, so you have to make sure to set some additional money aside in case such unexpected costs appear. Finally, don’t hesitate to consult professionals as well.
We guarantee you that it’s much wiser to invest some extra money in advance if that means getting the job done properly and avoiding all the possible complications.
As you see, there are a lot of aspects that you need to consider before deciding whether to remodel or rebuild your home. First of all, you should make sure to know exactly which alterations you want to introduce, and based on this calculate which option is more appropriate. Good luck with your project and don’t forget to enjoy your new home.