Which Is the Better Option, To Rebuild or To Renovate?

When you find that your current home no longer suits your needs or is too small for your growing family, you face a tough decision. Do you renovate the space you have, or do you start fresh and rebuild from the ground up? The answer to this dilemma depends on individual circumstances and considerations. There are advantages to both, but, ultimately, the best choice for you is the one that falls within your cost, time and personal needs and preferences constraints. Should you decide to knock down and rebuild, a custom home builder in Redlands will ensure that your new home meets with the requirements you’ve set.

Before you make the decision to start from the ground up, a comparison of the advantages of rebuilding versus renovating can help you determine if this is the right choice for you.

Cost Comparisons

Cost is a factor in most decisions to rebuild or renovate. If you are on a budget, your first inclination might be to renovate because it seems likely the less expensive of the two options. This, however, is not necessarily the case. An extensive remodel requiring structural changes can be as expensive as knocking down your current home and starting from the beginning. There are also a number of uncertainties that come with remodeling. Unseen issues that are discovered only once the work begins can add a significant financial burden to the original cost estimates for renovations. When you build a home from the ground up, you have the advantage of a fixed price contract, allowing you to budget accordingly. If you require only nominal changes to your current home, or a single room addition with no other structural changes, a renovation could be more budget friendly than a rebuild.

Time Estimates

Your time is valuable, and you want to ensure that you have your home within a reasonable timeframe. The advantage to a rebuild is that the time elements are often known factors in new construction. Weather is always a potential issue in meeting new construction deadlines during the initial stages, but, generally, a custom home builder in Redlands will be able to give you a solid idea of when you will be able to move into your new home. Rebuilding on the location of your current home does require you to relocate for the duration of the rebuild. A remodel can be a quicker project, but this depends on the extent of the project and how much of the home is being worked on at one time. If you are still living in your home while it is being renovated, then it is likely the project will be drawn out over a longer period as work is completed on an area or two at a time, so that the rest of the house remains functional for you and your family.

Needs and Preferences Fulfillment

One final consideration in the decision to rebuild or remodel is to determine which better fulfills your needs and preferences for your living space. A big advantage to a rebuild is in working with a custom home builder in Redlands to design a home that tics off all of your needs and preferences. You determine the number of bedrooms you need, whether you want your master upstairs or down, how many. Bathrooms to include, where to put your office and how large a garage you need. If your current home already meets the majority of your list of must-haves, then a remodel might prove more advantageous.

There are important considerations in determining whether to rebuild with a custom home builder in Redlands or to remodel your current home. Knowing what your budget is, how much time you are willing to give over to the project and what must-haves are currently unmet will give you a foundation for making the most appropriate decision for you.