What is a Knock Down Rebuild and Should You Do One?
If you’ve been living in the same home for a long time and are craving a change in scenery, you’ve probably considered the options available to you. While the most obvious option would be to sell your current home and purchase a new one, you might also consider a knock down rebuild. If you’re unsure about what exactly that entails, then this blog will provide you with an overview of what a knock down rebuild is and whether you should do one.
What is Knock Down Rebuild?
A knock down rebuild is precisely what its name suggests. A builder starts by tearing down your home, before rebuilding a new home at the same spot. It is an ideal solution for homeowners who might want a new home to live in but don’t want to move to another location. A knock down rebuild enables you to live in a completely new house in place of your old one.
The process of a knock down rebuild can be a complicated one. You will need to start by working with a builder to conduct a site assessment, as well as determine any planning or building restrictions and hazards. Then, you will need to choose a house design that suits your needs while complying with the building code in your area.
After getting approval for your project, it may then take several months or more before the entire building process is completed and you can move back into your home. Thus, if you want to pursue a knock down rebuild, it would be best for you to work with an experienced provider of property development services, as they would be able to help you find the most cost-effective solution for your home.
What Are the Pros and Cons of a Knock Down Rebuild?
A knock down rebuild is a complex and time-consuming process and if you’re considering doing one on your property, understanding the pros and cons can help you make a more well-informed decision on whether or not to do it.
Pros of a Knock Down Rebuild
- You get to continue living in the same location, which may be ideal if you like your neighbours and environment.
- You can also purchase an older house in a good location at a cheaper price, before knocking it down and building your dream home in its place.
- It may be cheaper than buying a new home.
Cons of a Knock Down Rebuild
- You may encounter hidden fees when pursuing a knock down rebuild.
- It is a time consuming process that can take up to a year or longer.
Engaging a Knock Down Rebuild Service Provider in Melbourne
If you’re looking to engage a knock down rebuild service provider in Melbourne, House Design Solutions is here to help. Our team has over 30 years of experience in property development services, including drafting services, house design, knock down rebuild and house extensions. Contact us today for a free, no-obligation quote for your property development needs!