If you love where you are living, but not the home you are in, a knockdown rebuild could be a great solution for your family. As the name suggests, a knockdown rebuild involves pulling down your existing house and using the land to build a brand-new home.
While solutions for these problems generally revolve around renovating the house, it has its limitations. There are structural constraints, and it can be more expensive than a knockdown & rebuild. Demolishing your existing home and building from the ground up can be much more cost effective than renovating.
How Much Does It Cost for a Knockdown Rebuild?
The average price for knocking down a three-bedroom house is about $17,000, but additional factors
(property size, the foundation your home is sitting on, equipment required,
etc.) could shoot the price up to almost $40,000.
Additional excavation charges may apply, including $140 per hour for a bobcat and tip truck. Other specialized digging
equipment can cost you $100-$500 per
day.
Once the land is cleared and ready, it's time to start rebuilding. The main costs are accrued during this phase of the process and are dependent on the size of your new home, the materials used, the structural designs and the fittings and decor chosen at the final stage.
Is knockdown & rebuild worth it?
While this question may be answered differently based on your home
needs, we've listed some reasons to illustrate why we think the knockdown
rebuild is perfect for your house.
You'll have a brand-new home that's built to your specifications
A major advantage of a knockdown rebuild is that it gives you the
opportunity to customize your property, so it's built exactly the way you want.
There's no need for you to sell your old home, move to a new neighborhood, and
go through a period of adjustment. If it is your first home, a knockdown
rebuild means you can have the exact home you want built in the neighborhood
you have chosen.
You can save time and money
If you live in an older home or purchased a rundown property, you may
need to spend a lot on renovation expenses to get the home looking the way you
want it to. You'll also need to dedicate a lot of time and effort into
research, finding similar materials to what the existing property has, and much
more. In the end, the costs of renovation can easily overtake what you would
need to spend on a knockdown and rebuild. To avoid this scenario, a knockdown
and rebuild is a better choice instead.
You'll end up owning a home that's safe and built to standards
Having an older home can mean living in a structurally unsafe building.
Common safety concerns in older homes include the use of lead paint and
plumbing, polybutylene pipes, asbestos, faulty wiring, balloon framing, radon,
carbon monoxide, VOCs, mold and mildew, and pests. You can eliminate all these
safety issues with a knock-down rebuild, as all new buildings are required to
adhere to building codes, regulations, and standards.
Why Is InnoHomes Considered Best As a Knockdown Rebuild Specialist?
While there are many knockdown-rebuild specialists across Melbourne, we
personally do not go beyond InnoHomes simply because of their pristine service
and value for money.
With InnoHomes knockdown service, you can simply rebuild your home
without worrying about the location of the home or the additional permits you
would need to build on that land. You get the flexibility to choose designs of
your choice just as you would do in a new house. You can get your dream house
with complete control to not only choose the most functional floor plan, but
also your favorite facade, colour scheme, and choice of fittings and fixtures,
all at the best possible prices.Reach out to them on 1300 722 703!
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