Go Design Solutions drafting design services in the Sutherland Shire explain how to decide if you should renovate or knock down
A very common question on the minds of many who are considering upgrading their residence is this: Do I renovate or do I knock down and rebuild?
Our drafting design services Sydney say that obvious things like what your budget is, and how much time you have come into play. Our home extension experts in the Sutherland Shire know there are some bigger issues to consider, and here we have some questions to ask yourself:
Is knocking the house down to build a new one even an option in your area?
You may have to check this with your local council as it may not even be an option for you to demolish your existing home and build something new. In some areas, council planning laws prohibit houses of a certain age, or specific historical importance from being demolished or significantly changed (especially in their appearance to the street).
How big are your renovation requirements?
If you need to significantly expand your home, or make structural changes to the point that there won’t be much existing home left, you need to decide whether a renovation is really viable.
What does your real estate valuation show?
Your home is your biggest asset. Our experts in home extensions in the Sutherland Shire explain that you should talk to several agents about what your home will be worth now, versus what it would be worth when renovated. Then compare it to the potential sale price of a brand new home. Decide which option creates more value for you and set your budget so you don’t overcapitalise regardless of which option you choose!
To find out more about your renovate or detonate options, contact our team of residential drafting designers in Penshurst today.