Should You Build A Custom Home or Renovate?
When starting a personal residential project, you can proceed with either of two options: build a custom home or renovate an existing house. As they differ in scope, costs, and timelines, you should carefully weigh renovation vs. new construction before locking in, as each approach has its pros and cons.
So, should you improve an already-built residence or construct a new house from scratch? Read this guide to help you decide which project suits you better. If needed, you can schedule a consultation with a trusted builder for professional advice about your home.
New Construction
The scale of every project is based on the owner's financial threshold. A new construction build is costly, as you'll have to pay for the lot as well as the actual building. Aside from the home construction, the project cost also accounts for the manpower, materials, utilities, and site work.
In terms of duration, new builds have a longer timeline, as your construction team is building everything from an empty site. From laying the foundation to erecting the structure and putting the finishing touches, the process can take several months to over a year, depending on the size of your house.
Building a custom home also gives you the freedom to shape your abode’s design layout to suit your lifestyle. If you have the time, budget, and flair for such an expansive process, then starting your house from the ground up is an excellent move.
Renovation
If you find a quality home with minimal issues, then a renovation may be the right approach for you. Timewise, improving an already-built home is faster than a new construction. There are fewer tasks, so your construction timeline will be much shorter.
Renovating a property also costs less, as existing homes already have usable features that won't require any updates. Aside from the construction, you'll also have to pay to upgrade your building in accordance with modern health, safety, and accessibility codes.
However, a renovation can sometimes end up being more expensive than a new construction project, particularly for older homes. The structures of outdated buildings often stand in poor condition and may contain toxic construction materials, such as asbestos or lead paint. These issues will require partial demolition and mitigation, which will rack up the costs of your project.
Contact Bay to Beach Builders for Home Construction Services
The goal of pitting renovation vs. new construction is not to prove which one is better. Both projects are suitable options, but their viability depends on specific factors, such as your budget and preferred timeline. Ultimately, the choice lies in which building approach fits your needs.
For exceptional homes constructed with Amish craftsmanship, reach out to Bay to Beach Builders. Call any of our offices in Delaware, and our team will happily help you with your project.