Drafting in Sydney: Should I renovate or demolish Part 5 - Where to live
Following on with the last few posts about factors to consider before making a decisive move, today we'll be discussing one of the other critical issue; "where to live during the construction?"
One of the big advantages of renovating and extending an existing house rather than demolishing and building from scratch is that in general cases; you can do it in stages – and still have a roof over your head for most of that time. Hence you probably don't need to move out; just a few months dining outside will do the job (if you are also renovating the kitchen). This is one cost that you may save from doing a renovation.
Having said that, if you have a temporary home where you can stay in (for instance, your parents' place, or a friend's home), and that the existing house is just not suitable for what you are looking for; then building from scratch is a good option to go for.
Noted that most builders are only able to give you an estimate time of the building duration; hence how much that may indirectly add to the cost over the duration of your build is usually inaccurate, until the day you actually can move in.