Should I Remodel or Build New?

Deciding whether to remodel or build from scratch can be a really difficult dilemma. Home and business owners repeatedly grapple with this decision. But what’s the right solution for you?

The short answer is – it depends! The decision will hinge on your budget, timeframe, goals, the existing site, and structure.

To help you make the best choice, we take a look at the pros and cons of each option, as well as some final decisive factors to consider.

Remodeling

Remodeling can involve updating a single room, the entire interior, and exterior, or a completely new floorplan with a structural redesign. The choice is up to you, but the final product will be dictated by your existing space to some extent.

What are the benefits of remodeling?

One of the main advantages of remodeling is the ability to retain and improve a space you know and love. Benefits include:

• Depending on the scale of the project, not having to move out during building work
• The ability to address existing structural concerns
• Reduced environmental impact
• Preserving and updating key features of a unique building (while maintaining memories)
• Making a space you already love work more successfully for you, both in terms of layout and design
• Potential for reduced cost of construction by maintaining certain areas

What are the considerations when remodeling?

Remodeling can be quite complex. Some items you need to make sure you carefully consider are:

• Does the location work for you?
• Is there a maximum budget for the area – are you in danger of spending more than this?
• Do you have a contingency if problems arise due to unforeseen conditions with the existing building?
• If there are large structural issues (such as foundation problems), is it more cost-efficient to start from scratch?
• Can you achieve your project goals through a remodel?
• What will the local jurisdiction allow? There are often strict rules for historic buildings, for example
• How much work is required to get the structure to comply with current building codes?

Building New

Building New is exactly that – constructing a space from the ground up. Just like remodeling, you’ll work closely with your Design-Build team to customize every aspect.

What are the benefits of a New Build?

A New Build creates a great deal of freedom to create a unique space that is specifically tailored to your wants and needs. Some benefits include:

• Complete control over the architectural style, configuration on your site, and quality of the design
• Minimized maintenance with new materials and efficient technologies
• Design options and floor plans that aren’t constrained by an existing structure
• A build that fully capitalizes on the unique views and aspects of your plot
• The unparalleled sense of achievement that comes with creating a building from scratch

What are the considerations with a new build?

New builds can be tailored to your unique requirements, but there are concerns to bear in mind:

• Have you understood the complete project costs involved?
• What are your timeframes? Custom builds can often take longer than remodeling
• Will you have to move into rented accommodation whilst the project is underway?
• Do local planning restrictions allow for the building you want?

When deciding between remodeling or a new build – the answer will be different for every individual. Make sure you’ve fully accounted for the costs and timeframes involved to focus on what provides the best results for you.

At Letter Four we know every client has a unique set of needs and desires. To achieve the best results, we offer a truly collaborative process from start to finish. Why not get in touch today to discuss your plans?