Why knockdown and rebuild?
Here's a comprehensive look at why knockdown and rebuild might be the right choice:
Key Advantages:
Financial Benefits
Often cheaper than major renovations
Brand new home warranty
Lower maintenance costs
Better energy efficiency/lower bills
Potentially higher resale value
No compromise on structural issues
2. Design Freedom
Custom design to your needs
Modern floor plan
Better use of block
Current building standards
Energy-efficient features
Modern technology integration
3. Location Benefits
Keep your preferred location
Maintain school zones
Keep community connections
Existing infrastructure
Known neighborhood
Common Scenarios When It Makes Sense:
Existing Home Issues
Major structural problems
Extensive repairs needed
Asbestos presence
Poor orientation
Inefficient layout
Outdated systems
2. Block Potential
Good location
Valuable land
Poor existing home position
Underutilized space
Wrong house style for area
3. Financial Situations
Renovation costs >75% of rebuild
Multiple major repairs needed
High ongoing maintenance
Poor energy efficiency
Insurance concerns
Considerations Before Deciding:
Check Feasibility
Council regulations
Heritage overlays
Zoning restrictions
Building envelope
Neighborhood character
2. Compare Costs
Renovation estimates
Rebuild quotes
Temporary accommodation
Storage needs
Moving expenses
3. Timeline Factors
Planning approval time
Construction duration
Impact on family
School year timing
Work commitments
When NOT to Knockdown:
Historical Value
Heritage significance
Period features
Historical importance
Architectural merit
2. Financial Constraints
Limited budget
High relocation costs
Uncertain market
Short-term ownership plans
3. Minor Issues
Cosmetic problems only
Small layout issues
Basic updates needed
Good structural condition
The decision often makes most sense when:
Major renovation needed anyway
Want significant design changes
Have good block in great location
Current home has serious issues
Looking for long-term solution