Is your renovation to-do list never ending? Are you disenchanted by the overall look of your property and considering a rebuild instead? There are many reasons why you may be considering a home renovation project right now and it can be frustrating trying to decide whether you should renovate or completely rebuild.
A renovation can include anything from a new kitchen, new bathroom, small addition, or interior/exterior aesthetic changes with no major structural work. By contrast, a rebuild is considered a completely new home that is built to a family’s specific needs, or a rebuild with the intention of flipping a home that will be an investment.
To help make the process of deciding which is best for your situation a bit simpler, let’s look at some of the main reasons to consider when it’s better to go with a renovation or why a rebuild may be a better fit for you.
Reasons to Consider a Renovation
Your Home is Outdated
If your home is older and needs some attention, renovation could be a great way to go.
Whatever aspect you plan to update, spend some time looking at current trends for ideas, such as style of decorating, colours and layouts, so that you can update and modernize your home in streamlined way that works for you. Many older homes can be refreshed simply with a few new coats of paint, new fixtures, and lighting.
You Want to Save Energy and Make Your Home More Efficient
Older homes lack the energy efficiency of newer homes. You can easily change this with a couple of smart renovations.
Consider updating your windows, installing solar panels or improving your home’s heating and cooling systems. You may even want to invest in automation technology, such as a smart thermostat, to keep everything connected and closely monitored.
If renovating your kitchen, for example, go green by purchasing energy efficient appliances. This is a great, easy way to modernize the look of your home at the same time.
You’re Preparing to Sell Your Home
Completing a renovation before selling can help you increase the value of your home and encourage a higher market value.
Focus on a room that is a big selling point, such as a kitchen or bathroom, and check out some of the current trends for buyers. What common features do they like most? Think about how to incorporate those into your space. Up-to date appliances, lighting, windows and doors will always bode better in a house viewing.
Reasons to Consider a Rebuild
There are several reasons why a renovation may not be ideal for your situation and it may a better investment to focus on rebuilding instead.
You Want a New House
First, get a clear idea of the expectations of your home project before getting started. Doing some home renovations and completely gutting a house are two completely different projects and you may realize during the process that it would have been more convenient to look for a house that already has all of the features you like.
If you decide you want an entirely new home, this will save you time, effort, and money in the long run, and leave you with a property you want to actually stay in.
Your Home Isn’t Large Enough
Renovating your existing property won’t give you more space. However, the addition of a new build can create new rooms and change the structural design of your property to add space exactly where you need it most.
Consider an extension on your kitchen or a loft conversion space, as these areas are likely to increase the value of your home if you ever decide to move.
Your Renovation To-Do List is Never Ending
If your renovating plans are getting out of control, you may have bitten off more than you can chew.
Renovation is good for specific remodelling tasks or manageable home improvements. But if you find yourself constantly reviewing a to-do list that seems overwhelming and never-ending, a rebuild may be a better choice.
Too many duties can leave you stressed, as well as cost you a lot of money. Sometimes investing in a new property may also be a more suitable option.
Choose GBC Design and Build for Your Next Renovation or Rebuild
Whether you’re thinking of renovating or rebuilding your home or need some guidance on where to start, contact GBC Design and Build for assistance with your next project.