When it comes to renovating your home, one of the most important decisions you’ll have to make is whether to extend your existing home or to knock it down and rebuild a new one. Both options have their own set of benefits and drawbacks, and the right choice for you will depend on your specific needs and preferences. In this blog post, we’ll explore the pros and cons of both options to help you make an informed decision.
First, let’s take a look at the benefits of extending your existing home. One of the main benefits is that it can be a more cost-effective option than a knockdown rebuild. This is because you’re only building on top of what’s already there, rather than starting from scratch. Additionally, extending your existing home can also be a quicker and more straightforward process than a knockdown rebuild, as you’re working with an existing structure.
Another benefit of extending your existing home is that you can retain the character and charm of your original home, while also adding the modern features and amenities you desire. This can be especially important if you live in an older home that has a lot of architectural or historical significance.
On the other hand, the benefits of a knockdown rebuild include the ability to design and build a home that is tailored to your specific needs and preferences. With a knockdown rebuild, you have the opportunity to start from scratch and design a home that is perfect for you and your family, including the layout, flow, and finishes. Additionally, with a knockdown rebuild, you have the chance to build a home that is energy efficient and sustainable, which can result in long-term energy savings and an improved overall quality of life.
Another benefit of a knockdown rebuild is that it can also increase the overall value of your home. Building a new home with the latest building materials and technologies can make your home more desirable and valuable in the long run when you decide to sell your property.
It’s also worth noting that if your existing home is in poor condition or has significant structural issues, a knockdown rebuild may be the only viable option. In this case, it may not be worth investing money into extending or renovating the existing structure, as it may not be worth the cost in the long run.
In conclusion, whether to extend your existing home or to knock it down and rebuild a new one depends on your specific needs and preferences. Extending your existing home can be a cost-effective and straightforward option, while a knockdown rebuild gives you the opportunity to design and build a home that is tailored to your specific needs and preferences, energy efficient and sustainable, and will increase the overall value of your home. It’s important to consult with a knockdown rebuild expert and evaluate your current home’s condition, your budget, and your future plans before making your decision.