IQ Homes Section Icon

Should I Renovate or Build?

Want to chat about your new home build?

Get in touch

Renovate Or Build – 5 Tips To Help You Decide

Everyone wants to make their house feel like a home. This often means that there is work to be done first. Deciding whether to renovate or rebuild your house can cause a real headache.

There are several factors that should be taken into consideration to make the correct decision, since both options have their advantages and disadvantages.

perth couple deciding whether to renovate or build a new home.

So, let’s have a look at what the main points are!

1. Your Budget

How much money you can dedicate to your home is definitely one of the major considerations. Your budget will influence the type of builder you select, government regulations and the extent of work that can be done.

Building a new home is often seen as the more expensive option. While this may be true if you are only making small changes, it can actually be a better investment to demolish and rebuild your house when you want to make major refurbishments.

It can actually cost more per square metre to renovate your home, due to it being a bespoke option. Not to mention, it can be hard to estimate renovation prices, whereas you can get a price for a total rebuild.

2. Age of the Property

How old your home is will affect your renovation or rebuild decision.

If your home is a good age that shows constant need for repair, it may be better to bite the bullet, tear it down and start again.

On the other hand, if you find that your house is in good condition and is relatively new, renovating may be just what you need to brighten the place up and create the space you are looking for. This may also hold true for a character home.

The age of the home can also be a tell-tale sign of the types of materials that may have been used in the original construction such as asbestos or type of plumbing pipes used. This can have a significant influence on cost, so it’s important to know this first.

3. Charm and Personality

Some homeowners are drawn to properties because of their unique architecture and quirkiness. This is often what makes the house special for them and why they bought it in the first place, meaning renovation can preserve the home’s individual charm.

Of course, if this doesn’t matter to you and the house is simply not your style anymore, demolishing and rebuilding could be the way forward. Read more about the benefits of building a new house…

However clever design and careful planning can merge old and new together very well. Where the existing house has a lot of character, tastefully done renovations can highlight the features where you still have the modern comforts.

4. Desired Remodelling

Of course, the extent of the building work will affect whether you should renovate your current home or rebuild the house.

If you only want small changes or a simple extension, renovation is going to be the sensible choice. But, if you are looking for a major refurbishment, rebuilding from the ground up can prove the easiest and cost-effective option.

It is helpful to consider your future needs and lifestyle to see whether your house fits into those plans. Each renovation is unique in this way, so it is always helpful to speak with a builder first to understand which route to take.

Read more about our 3D modelling imagery to help you make the best choice.

5. Time and Accommodation

There is no doubt that new houses can be built quicker than major renovations on your existing home. This is due to the need to preserve the structure of your house during renovation and deal with any new problems that develop along the way.

Not to mention, it can also be disruptive if you stay in your home. Accommodation is important to think about with any sized renovation as the decision needs to be made if you will stay during the construction period or move out. If you choose to rebuild, you will need to find temporary accommodation, but you will know that when you move in, it is all done. Find out how long it takes to build a house.

See more Home Building FAQs and Renovation FAQs

Looking for advice on whether to build or renovate? Get in touch today and let’s talk about your situation.

You found a block! What next? You need a plan.

Whether you need an initial site survey, help to visualise your ideas or someone to guide you through the whole process, that’s where we can ease the way. We provide complete contour surveys, concept plans and 3D walk-through's. We also have interior designers who can help you add the finishing touches. Too easy.

Get a quote Choose a flexi-plan