A home is one of the biggest investments you can make. However, sometimes you will find yourself with a piece of property in serious need of repair—to the point that may seem like it would be easier to demolish the whole thing and start over. So how do you decide if this is the right thing to do? We’ve put together five questions you should ask yourself if you are in the middle of the “demolish or remodel” debate.
Is Any Part of the Home Usable?
Is the whole house an enormous problem area or are there parts that are still usable. If the kitchen, for instance, needs major work, but the bedrooms and living room is in solid shape, it may make sense to have it renovated. Look at the big picture — including the foundation problems and property tax implications — before making the demolish or remodel decision.
How is the Home Situated on the Property?
Think about how the home is placed on the property, including property lines. Most homeowners are looking for usable outdoor space with privacy. Would it make sense from a building standpoint to start over? If the home is awkwardly built, yes it may. However, if you would run into building code issues it may make sense to renovate within the current or an expanded footprint.
Are there Foundation Problems?
Foundation problems are expensive to fix and can sometimes be nearly impossible to fix well. Foundation problems may mean that the demolish or remodel question is answered for you.
Could You Create an Addition?
Could you destroy part of the building and build an addition? An addition could be an excellent way to save some of the original construction—especially if there are classic finishes that you would like to keep. Plus, while there are costs associated with remodeling or additions this is normally more affordable than demolition and a full re-build.
Demolish or Remodel—What Do You Want?
If there are multiple problems with the home structure, then your demolish or remodel decision is an easy one. It may be more cost effective to start over. Although it may seem obvious to say so, chances are there is something you want from the project. Spend some time looking deep into what you really want. Knowing your goal will help you determine the solution that best suits your needs. Go with your gut; it will seldom steer you wrong.
Deciding whether you can “save” a home with a major renovation or not is a big decision. You don’t have to make it alone. Call or contact our team at Valley Home Builders. We look forward to working with you, providing the information you need for a home renovation.
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