To renovate or rebuild? This is one of the most common questions that has been haunting property owners for decades. While renovating a property involves giving it a facelift, rebuilding it involves tearing it down and building it again from scratch. There are several pros and cons of renovating and rebuilding.
A meticulously planned and flawlessly executed renovation or rebuilding project will add value to the property. Before choosing to renovate or rebuild, consider these fundamental differences between them.
Cost is one of the most important factors to consider when deciding whether to rebuild or renovate. Renovating your property is a great way to add value to it. If you are on a tight budget, renovating your property makes more sense. Giving a facelift to different areas of your home such as your bathrooms, basement, and kitchen should not cost you much, but will add significant value to your property.
Rebuilding a property, on the other hand, is a major commitment. Once you tear your property down, there is no turning back, so you should be 100 percent sure about your decision before starting your rebuilding project. Budget carefully and allocate additional funds for overages.
The scope of renovation projects is usually limited. The objective of a renovation project is to give the property a facelift. Installing new fixtures and upgrading plumbing and appliances are some steps that renovation contractors take to enhance the value of properties.
Sonoma County contractors recommend rebuilding only those properties that need more than just cosmetic upgrades. If you want to fix problems with your foundation or your home’s layout, a total rebuild might be the answer.
The duration of your renovation project will depend on the amount of work involved. Complex projects that require major work such as constructing and demolishing certain areas or redesigning the layout will take more time than projects that involve minor improvements.
A full teardown, on the other hand, can be done in a few days. In some cases, new construction can begin right away. If time is of utmost importance, be realistic about the scope of work when deciding whether to renovate or rebuild.
When rebuilding your property, you are in full control. You can customize your home to your lifestyle. Consider adding green smart home technologies to reduce your environmental impact. Additionally, a new house is much easier to maintain and requires less upkeep than an old property.
A renovation project can add significant value to your home. Renovating your home is a cost-effective way to personalize your living areas and add space to your residence. Upgrading certain features within your home can help reduce the frequency of preventive maintenance.
Still unable to decide whether renovating or rebuilding is the right choice for you? Relax! Fondare Finish Construction is here to help. We are a leading Sonoma County contractor. When deciding whether to rebuild or renovate, our experts consider important factors, such as the client’s goals, the condition and age of the property, and the scope of work involved. To discuss your project with one of our experts, call us at 707-293-9241.