The possibility of pulling down a house is a daunting one, so it is not surprising that we tend to look towards renovation once we need a new look. But, rebuilding could be the ideal decision financially. According to John Everitt of Coombes Everitt Architects, if you are simply looking at a fundamental extension then it’s not likely to make financial sense to knock down your house.
But if your house requires a significant refurbishment then the rebuild route may provide you with some substantial cost savings. So, what’s ideal for you, and what do you want to consider? A choice of experts answer a few common questions about rebuild projects.
Where to begin and how to make the big decision
If your home isn’t working for you but you do not want to move, how can you decide whether to reconstruct something brand new – such as this Sussex home built on the site of an old barn – or renovate? Start by being practical: think about the overall state of repair of their property. Nicky Bryden of CLPM says that if the home is in a very good state, but just is not in the design or configuration you need, it may make more sense to renovate.
Next, speak with estate agents to make sure you know your local home market and can correctly predict the value of your current house and the renovation versus a new construct. If demolition begins to appeal, call in more pros: get a building project construction management firm, in addition to a team of quantity surveyors, involved early on. They can talk you through the best way to make your choice and advise you on the potential costs of all your alternatives.
Asses the age and state of the property
What is the architectural value of the present building? Occasionally period buildings have more visual appeal, and so lend themselves nicely to renovation. Less attractive homes, for example those constructed in the 1950s or 1960s, are of less value and are more often less contentious from a planning standpoint.
Think about the general state of repair of the home. If, for example, the house is in a good condition, but isn’t from the design or configuration you need, it may make more sense to renovate.
Consider the environmental impact
Generally, you may use up more energy and create more waste for landfill in the process of knocking down and rebuilding, as opposed to renovating. But if your newly-built house is constructed from renewable materials, and is constructed to a high degree of energy efficiency, these first energy differences could be offset by reduced ongoing energy usage.
If you’re planning on renovating your home then this is the perfect time to reassess your energy situation. You’ll have to stick to building regulations anyway, so going beyond the minimum standard, and making your home as energy efficient as possible, is a sensible choice.
The more energy efficient you can make you house now, the less it will cost to heat later on. It’s also possible to create your home more saleable in the future. Get an independent company specialized in workforce mobility and quality management system tools to carry out a home-energy audit, that will calculate how your house is doing now and provide you costed options for how to improve its own performance.
Generally, the information involves installing higher amounts of insulation or better windows and then installing the right size of energy efficient gas boiler with contemporary radiators or underfloor heating system. For houses not on propane gas, it might also include the suitability of renewable technologies like air-source heat pumps or wood-pellet boilers to replace older oil boilers.