If you’re looking to make major changes to your home, but don’t want to go through the process of building a whole new house, then a knockdown rebuild could be the answer. Knockdown rebuild is when you demolish an existing property and rebuild it from scratch. The good news is that this can be a cheaper option than building from scratch. However, there are some things you need to know about before going ahead with knocking down and rebuilding your house.
Knockdown house and rebuild mean you can build your dream home.
One of the most compelling reasons for choosing to knock down and rebuild is that it can be much less expensive than building from scratch. For example, if you want a bigger house and need to move your existing home, it’s often cheaper to knock down the old one and rebuild on the same plot of land rather than buying another property at an inflated price.
Also, if you have found a plot of land that has everything you’ve been looking for in terms of location and size but is lacking some amenities (for example, a pool), then knocking down an existing home on this site means that any new-build will have all those features included.
It’s cheaper.
You can get a better price for your old house and pay less for the new one.
Many people see knockdown rebuilds as an opportunity to make money on their old property, especially if they’re selling it and moving elsewhere. If this is the case with you, then a knockdown rebuild may be a great option as it allows you to get more value for your home than if you were simply selling it as-is. When it comes time to buy your new home, you could purchase something much nicer than possible without spending any extra money (or even less). The lower cost of buying will also mean a lower interest rate on your mortgage and fewer fees overall – making this option much cheaper in the long term.
Speed up the process.
You can build your home in less than a year with a rebuild. You can start building as soon as the demolition is complete, allowing you to get on with your life sooner.
You’re no longer waiting for your old home to be sold and then waiting for the new one to be built. There’s no need to wait for each stage of the process before moving on to another part—the entire process is streamlined so that each part happens at once or in quick succession.
You can sell off your old land.
If you are selling off your old land, this can be a great way to help fund the knockdown rebuild. You can use the money from this sale to pay for the new build and renovations.
This is also useful if you want to make changes to your property or if you want to add extensions. This may mean that it is more cost-effective for you not only because of the amount of space it has but also because of its location and surrounding area.
You know it’s built to last.
One of the biggest benefits of a knockdown rebuild is that you can build your home to last for generations. When you demolish and rebuild, no previous issues might affect your new home’s longevity. You can also build your house with materials that will last in all climates and withstand environmental conditions. Furthermore, it’s easier to specify materials that reflect your style of living – if you like modern or traditional, this gives you more flexibility in designing a space that suits both form and function.
