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Should I Renovate Or Build New?

Should I Renovate Or Build New?

Fiona Law

Torn between renovating your current home or building a new one from scratch? There’s a lot of weight behind this decision, with careful consideration given to your unique circumstances, preferences, and goals. While there are advantages to both options, there are also challenges you need to prepare yourself for before making your choice. 

At Sureline Building Group, we understand the complexities involved in this decision. Luckily for our clients, we excel in custom homes, renovations, extensions and builds, producing high-quality craftsmanship and innovative solutions.  

Consider these key factors when deciding whether you should renovate or build new.

If you love where you live, but not necessarily what you‘re living in, you may want to consider renovating your existing home. Why risk losing your lottery ticket of the perfect block, friendly neighbours or close proximity to the right schools and public transport, when you could simply freshen up the look of your home and transform it from the inside out?

However, if you seek greener pastures and are ready to explore a new area, building new offers a fresh start. You might fancy a sea change, or are looking to move closer to family. It’s important to conduct meticulous research into the area you’re hoping to build in to ensure it suits the needs and lifestyle of you and your family.

If you and your family have strong ties to your current home, with many lifelong memories forged within its walls, then renovating may be the easier option, emotionally speaking. Instead of uprooting your family, simply give your home a facelift while retaining the essence of what makes your family home so loved by the whole brood.

If your family doesn’t have a strong emotional attachment to your home, building a new home in a new location offers the rare opportunity to start anew, creating a home that’s perfectly suited to your current lifestyle and needs. This paves the way to create new memories in a home that’s built specifically to your family.

The state of your existing home has a lot of sway in the decision to renovate or build new. If your home has good bones and only requires some cosmetic revamping or layout changes, it may make more sense to go down the renovation route. Start by refreshing your kitchen or bathroom and watch how that completely changes the value of your home.

When the state of your home isn’t in such good nick, with structural issues, extensive water damage or outdated systems, it can be more practical to build new. Renovating can seem like the more affordable option upfront, however if you uncover extensive issues upon starting the project, the costs can quickly add up. Building new means a clean slate.

When tossing up between renovating and building new, it’s a good idea to look at your current circumstances. Renovations can be disruptive, especially if you plan to live in your home during the construction. Depending on the extent of the project, temporary living arrangements may need to be arranged, which can feel inconvenient and add to the cost.

If you want to see results faster, a renovation usually will see you moving into your fresh-faced space quicker than if you opt to build new. While this can be the case, building new means you don’t have to live among a construction site. You can stay comfortable in your current home, while your dream home comes together. 

Still unsure whether you should build your dream home or renovate your current one? Reach out to our friendly team today to discuss your options.

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