If you’re looking for your dream home, you may be wondering if a knockdown rebuild is the right option for you. You may have even been advised to renovate your current home. It is critical that you conduct the necessary research in order to make the best decision.
When it comes to demolishing your home and starting over, most people have mixed feelings. This is due to the possibility of demolishing the existing house and constructing a brand new home in its place. Some people avoid it because they believe it will be a time-consuming and costly project. What you should keep in mind is that it can be a less expensive and more convenient option than purchasing an existing home or undertaking major renovations.
THE ADVANTAGES OF KNOCK DOWN REBUILD
Building experts provide five compelling reasons why you should seriously consider demolishing your home and starting over. These are some examples:
- You get to live in the suburbs where you’ve always lived, which means you can stay connected to the community.
- You can get the freedom to customise your dream home.
- You can rely on your builders for the entire project without having to worry about doing your part.
- It can be a more budget friendly option in the long run.
- Increase the resale value of your new home.
YOU GET TO LIVE IN THE SAME PLACE WHERE YOU HAVE ALWAYS LIVED
When you relocate to a new location, you must uproot your family. Moving to a different area may necessitate a longer commute to work, as well as a change in the school district for your children. Moving further away from friends and family, on the other hand, can be devastating at times. Finding new places to shop and new places to visit can also be a source of stress.
However, if you choose a knockdown rebuild, you will be able to live in the comfort of a brand new home while retaining all of the above-mentioned amenities. You are simply upgrading your home and are not being relocated.
CUSTOMISE YOUR DREAM HOME
With the right assistance from a knock down rebuild specialist, you will be able to customise your home with all of the modern upgrades that you have been desiring. Whether you need more storage, need to expand the space, create an open floor plan, or simply change the size of your home, you can do it all with ease.
It’s also difficult to find a pre-existing property that checks all of the above boxes. Even if you get everything you want, a renovation project can be very expensive and stressful. Because you will be making significant changes to extend entire rooms, things may become difficult if the Builder discovers something that will cause additional problems later on.
The most common request from homeowners is for a guest bedroom or a private shower for elderly parents. Some people also require walk-in pantries or a butlers pantry, which provide additional storage and sufficient space for food preparation.
YOU CAN RELY ON YOUR BUILDERS TO CARRY OUT THE WORK FOR YOU
Renovating can be a challenging task. Any major changes you make to your current home may necessitate a significant amount of design and planning. You may even require the services of an architect, which may incur additional costs. Because you would be required for all input and meetings with experts, you would need to be in constant communication with them. However, if you opt for a knock down rebuild, you can rest assured that you will be in the hands of an experienced home builder and will not have to worry about coordination. The homeowners can be confident that their builders will oversee the entire project from start to finish.
IT CAN HELP YOU AVOID STAMP DUTY AND KEEP THINGS WITHIN BUDGET
If you plan on doing major renovations, it may end up being more expensive than building from scratch. If you discover a problem with the electrical wiring or plumbing, or if you notice that the foundations are already strained and you need to start over, this can be costly. Older homes may not be able to withstand the hammer blows and any additional additions. In fact, the best solution would be to find a knock down rebuild project at a reasonable price.
The knockdown rebuild specialists at OJ Pippin can provide you with transparent pricing so that there are no unpleasant surprises later on. They would also make certain that someone was sent to assess the site so that you could consider the additional cost.
If you are purchasing an existing home, you will also be required to pay stamp duty on both the land and the home. Because you already own the land, the stamp duty for the knock down rebuild is zero. There is no stamp duty associated with building a new home on an already existing piece of land that you own.
This can also save you money on agent fees. In fact, the building process will undoubtedly be present, but a new building means that all of the important features, such as double glazing, will be included in your home, making it more energy efficient and lowering your utility bills significantly. A new home also means lower ongoing maintenance costs because new homes are less susceptible to pests and other such issues.
