Drafting services in Sydney (Drafting in Sydney) tells you: Is knock down and rebuild ALWAYS a good thing?
In no doubt, building a BRAND NEW house is always great. It's stylish, fancy, modern and you get how you want it exactly. However, there are more than 1 way to get your dream house; let's discuss these factors that may inspire you for your next home project; The fight between 'knock down' or 'not'!
Knock down and rebuild is generally expensive, a general customised home with double brick wall and roof tiles will cost approximately $800,000 to $1 million to build. Is cost a restraint for you?
If you are planning to have a bigger place with some internal modification, extensions and first floor additions often works at a cheaper cost.
2. Council Fees
If you can afford to build a brand new house, then be prepared to pay MORE cost on council fees, long services levies, s94 fees and government contribution fees. These cost ranges from few thousands to ten thousands depends on the scale of the project. The large the dearer, it's that simple!
Building a brand new house takes at least 6 months (excluding the approval and design period). Some even take up to 1 year time. Are you prepared with that? If you have a mortgage with it; it will literally mean paying the cost without being able to live in it!
4. Renting cost
Don't even think about living in it during the construction stage; this will mean you either need to rent a home for that building period. Now cost do add up!
5. Existing materials vs New materials
As technology advance, more material choices are available. However don't underestimate the quality of old bricks; as long as they are being looked after well enough, they are GOOD. Think about it, if the bricks are 100 years old, and they are still here standing tall, they are sturdy!
If the existing house is still in good conditions, is it necessary to knock it down and rebuild? If you are only needing that extra 20 sqm or so, does it worth to knock down? Can extensions be an alternative?
Finally; the question would be SHOULD I KNOCK IT DOWN?
Ask yourself this questions:
1. Do I need a BRAND NEW HOUSE?
2. Can I afford it or are there alternative cheaper and quicker solutions?
3. How much spaces extra do I really need?
4. Is your land too slope?
5. Is the existing house too old, in poor conditions?
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