Building Vs. Renovating: Our Tips to Help You Decide

September 15, 2016News & Info
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Whether you’re seeing the signs of deterioration in a home you’ve known for years, or have just bought a “fixer-upper” home in poor condition, it can be very difficult to decide whether to rebuild or to renovate your home. The state of your home, the location, and the size of your budget are all major factors in whether you should build or renovate. The decision isn’t always cut and dry, but asking yourself these 3 simple questions should help you decide.

1.  Where is the home? One of the first factors you should consider when deciding whether to rebuild or to renovate is your location. A lot of neighborhoods may have strict zoning policies that will not let you rebuild your home, while more spacious areas, or conversely areas with little vacant land, are almost always going to be better suited for rebuilding a home.

2. What are your lifestyle needs? Keep in mind when choosing whether to rebuild or remodel that your decision should reflect your lifestyle. Would rebuilding your home give you a chance to include a feature that particularly suits your interests? Do you have a demanding job, young children, or any other impediment that would keep you from being able to commit to living in a home while it is being remodeled? If you find yourself wanting to wash your hands of a home until it is completed, building is often the best choice, as you can opt for a turn-key solution.

3. What is your budget? This may seem like an obvious question to ask, but make sure you are answering fully. In some cases, it may cost you less upfront to remodel a home than to rebuild, but which option will better suit your long-term budget? New homes are built with conservation in mind, saving you money and allowing you to live a healthier life. Even if you outfit an older home with green appliances, it may not reach the same level of energy efficiency as a new home. Newer homes will also cost less in maintenance costs. At the end of the day, you may find that building a new home is the most financially sound choice.

For more tips on deciding whether to rebuild or renovate an older home, read: http://www.realestate.com.au/advice/building-vs-renovating-our-tips-to-help-you-decide/.

Looking for help building a home from the ground up in the Pacific Northeast? With offices in Tacoma, Arlington, Spokane, Vancouver, Yakima, and Salem Oregon, True Built Home has been successfully helping families create their dream homes across the state of Washington and in parts of Oregon since 2008. For more information and to see if True Built Home is the right builder for your project, contact us today.