Demolishing and rebuilding a home may be a more costly option compared to a renovation (house consolidation) if we are talking about an older building. However, there are a few factors that you might consider when you have to decide – either to build a home or to renovate/consolidate the existing one.
Home consolidation versus building houses – What do you choose?
- Weigh the costs well. If you are planning an extensive renovation with a lot of structural changes, then it will certainly be cheaper to start from scratch. Also, you need to know that the costs of renovating and consolidating the house may increase as work progresses due to unforeseen problems. One of the advantages of building a home from scratch is that you can ask the home construction firm for a fixed price at first.
- Consider the age of the house. If you bought an older building because