When you live in your dream location but not your dream home, sometimes the ideal solution for fulfilling your home building goals will be to knock down rebuild in Sydney. A knock down and rebuild is very much what you might expect it to be. In short, the existing structures on a block of land are removed, and the land is then prepared for building by knock down rebuild builders Sydney, which may include levelling the land and removing or reconfiguring underground elements on the property. Here is an overview of some of the expenses and other considerations you can expect when you knock down rebuild Sydney.
While you save by not having expenses such as stamp duty on knock down rebuild homes Sydney, demolition costs are, of course, a major consideration. Depending on the size and nature of the structure, such as the materials it is built from, you can expect demolition alone to cost anywhere between $20,000 to $40,000 for an average home in the Sydney area.
A demolition could include some hidden extra expenses, such as access to the block if insufficient access is an issue for the construction process. Underground, tree roots and pipes may be discovered that need to be removed, incurring extra expense. In demolishing the existing house itself, the discovery of asbestos, notably, can result in additional cost. Asbestos alone can add around $10,000 to a demolition project.
However, don’t let the cost of demolition deter you. Remember that every house building project will carry with it a number of expenses, and when all things are considered, if the trade-off for the expense of demolition is that you already own the land and it is in your desired location, then you are still in an excellent position to build your new home.
If you’re still concerned about the costs of demolition, you might like to consider looking into a house removal service that would take the existing structure away at no expense to you. Services like this usually benefit from gathering construction materials from your property that can be reused or sold. Be prepared to find that your existing home may not be of interest to a house removal service. You can check with a few such services, but in many cases they are looking for a particular type of materials, especially old timber, that your home simply may not contain. If you do find a provider willing to remove your house, be sure a solid contract detailing the removal process is in place before beginning work. Even if there is no exchange of money, the last thing you need is a partial or insufficient removal that creates additional mess and hassle for you.
The other aspect of knock down rebuild homes Sydney is, of course, the expense of building your new home. This will largely depend upon the type of home you wish to construct. Size and quality are major determinants of cost when it comes to building a house, but you will also find that some knock down rebuild builders in Sydney offer more affordable services without compromising quality.
Many new homeowners are now considering creative cost-effective options such as building a duplex, which allows for potential rental income that offsets the expense of home ownership. Duplex home builders Sydney offer an array of stylish designs that almost do not look, at first glance, like a duplex, so you can feel at home and enjoy the benefits of owning your beautiful dream house without feeling like you have compromised its quality or overall appeal.
While new home builders will most often want to accommodate your preferences, a more restricted block can present obstacles to having everything just the way you want. You may have to compromise your new home wish list in order to fit your house onto the property that you own. Having acreage on which to build can offer more flexibility in where you place your home and possibly fewer limitations in the size and layout of your new home. When it comes to acreage home designs in NSW, you may also be able to save demolition costs if the property offers an additional building site that does not require a teardown of existing structures.
If the expense of building a new home causes you to reconsider, another option is obviously to renovate the existing home on the property. It may cost quite a bit to build your new home, but renovation of a house can be equally expensive and may not result in a home exactly as you like, since some issues in existing homes simply cannot be renovated or fixed and will need to be lived with. In many cases, the time it takes to build new is much less than the time it takes to renovate. Many homeowners find that building new is preferable to renovation, and results in a much more satisfying end product.
If you have been living in the house that will be knocked down, you will obviously have the additional consideration of finding temporary housing while your rebuild is completed. If you have relations nearby who can house you temporarily or sufficient acreage that can accomodate a temporary living situation, you may be able to considerably reduce the expense of temporary housing.
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