Generally, when upgrading your home design, there are only two main options available—remodeling or rebuilding. However, you must bear in mind that remodeling or rebuilding will cost you a lot of money, depending on how big the house is and the kind of design you are planning to achieve. As such, you must carefully examine the two options before deciding on which option is the most cost-effective. If you are having problems deciding on which options to go for, you can contact home remodeling experts like ACA Remodeling Inc for advice.
Things To Consider Before Deciding Whether To Remodel Or Rebuild Your House
Deciding on the home upgrade option to go for can be pretty tricky sometimes. Without proper planning, you might end up getting stuck with a poorly finished home.
For you to choose well, it is important that you first understand what both remodeling and rebuilding entail. Also, you need to understand the differences between the two options.
What Is Remodeling?
The remodeling process has to do with changing the design and functionality of an area or an entire building. It involves improving an outdated, damaged or broken structure. Remodeling can mean bringing back to life an old building.
What Is Rebuilding?
When a building is being rebuilt, it basically means the old structure is being pulled down, and a new structure is getting erected. Rebuilding usually takes a lot of time and involves several contractors.
Meanwhile, here are some important things to know and consider when deciding on remodeling or rebuilding your home.
Rebuilds Are Bigger Projects
Rebuilding is a much bigger project than remodeling. It will require you to change the configuration of some parts of the home, increase the space in certain areas, or completely change the home’s layout. This will also require the services of a professional construction company, and you will spend more money compared to remodeling.
It Is Faster To Remodel Than To Rebuild
One major difference between remodeling and rebuilding is the time factor involved in both projects. It will take you less time to get permits for remodeling your home because it requires less exterior work and less time to execute. While obtaining the permit to rebuild your home will take more time due to inspections and regulations your home contractor has to comply with. It will also take more time to execute even after the needed permits have been granted.
Remodeling Lets You Keep Some Original Details
Some people feel a sense of attachment to their homes, especially if the home is an ancestral one. When upgrading such homes, the homeowners usually want to keep some of the original details like the antique fixtures, crown molding, or wooden floors. Home remodeling lets you keep these desired parts of the home, whereas, if you opt for a knock down rebuild duplex, you will be losing these features.
The Difference In Home Value
Both home remodeling and rebuilding will improve your home’s value. However, they both affect the home’s value in different ways. A home remodeling could slightly improve the home’s aesthetic value and resale value. A home rebuilding will surely increase the resale value of the home, as well as its aesthetic value if done right. This is because a home rebuilding gives you room to completely change the entire outlook of the building into something modern and fresh.
Big Structural Problems Can Be Fixed With Rebuilds
The reason for embarking on a remodeling or rebuilding project is very important. If your reason for wanting to change the design of your home is to correct a major structural issue in the house, opting for a rebuild might be the best option. A rebuild allows you to easily correct any structural defect in the home, unlike a remodeling process which might be limiting.
When deciding if you should go for a home remodeling or rebuilding, you need to consider all factors listed above and more. They will help you decide faster and better on the option you choose.
Irrespective of the option you settle for, one thing you have to keep in mind is your chances of recouping the money spent on the project. It makes no sense to spend a lot of money and time on a building project only to break even, or worse, run at a loss.
Importantly, you must ensure that you hire a professional construction company to handle your home rebuilding or remodeling process. This is the only way to ensure the project process runs smoothly and a good job is done.
