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Knockdown rebuild or renovate, which is cheaper?
Knockdown Rebuild or Renovate: 4 Signs to Renovate and 5 Signs to Rebuild
Renovating is usually cheaper than a knockdown rebuild when the structure is sound and the changes are modest. A knockdown rebuild can be better value when the home needs major structural work or has a poor layout, or when you want a completely new design, because a rebuild gives you a new, cyclone rated, efficient home on a block you already own.
4 signs renovating makes sense
- The frame, roof and slab are sound.
- You like the location and the basic layout.
- Your changes are cosmetic or moderate, such as kitchens, bathrooms and extensions.
- Budget is tight.
5 signs a rebuild makes sense
- Major structural problems, or serious termite or rot damage.
- Asbestos or old wiring that is costly to deal with.
- A layout that cannot be fixed with an extension.
- You want a new design, better efficiency and modern cyclone standards.
- Renovation costs are approaching the price of a new build.
The hidden risks on each side
- Renovating: termites, rot, asbestos and old wiring found once the walls are opened.
- Rebuilding: demolition, site issues, new connections and temporary accommodation.
Get both numbers
Ask for a renovation quote and a rebuild quote on the same home, then compare them side by side.
Frequently asked questions
Can I live in the house during a renovation?
Sometimes, depending on the scope. Ask your builder about staging the work.
What extra costs come with a knockdown rebuild?
Demolition, temporary accommodation and new connections.