3 Benefits Of Tearing Down Your Older Home And Rebuilding Instead Of Remodeling It

Alexa Morales

If you live in a great neighborhood but are tired of the appearance or small size of your home, you may have thought about remodeling it. Performing extensive renovations on your home gives you the chance to add some livable space and update it. However, it's not always the best option. Having it torn down and building a custom home on your lot gives you the option to design it exactly how you want, and it also updates every component with new construction. To learn three benefits of building a new home instead of remodeling your existing one, read on.

1. Remodeling Can't Fix Structural Problems

Some problems can't be easily fixed by remodeling your home. Deteriorating concrete block walls and rotten rafters, for example, are very expensive to repair — load-bearing structures in your home can't simply be swapped out and replaced since they're holding up the roof.

Continuing to remodel a home with structural issues isn't a good idea, since they'll persist even if you change the appearance of your home. Tearing down your existing home and building a custom home in its place will ensure it has structural integrity in addition to having the layout and appearance that you desire.

2. Additions Often Look Mismatched, Affecting the Appearance of Your Existing Home

If you need to expand the amount of livable space in your home, building an addition is an option. Unfortunately, additions often look out of place. They're built with different materials from the original construction to your home, and they also have to follow updated building codes. As a result, your home may look like a blend of old and new construction.

When you tear down your home and build a new one on the lot, you won't have the mismatched look that an addition can cause, as everything will be entirely new construction. You'll also have the chance to work with an architect to design the exterior and appearance of your new home, so it will look exactly how you desire in addition to being more cohesive.

3. Building a New Home Can Boost Home Value More Than Remodeling

Building a custom home with more square footage, more bedrooms, and more bathrooms will significantly increase the value of your home. Remodeling is more limited in its ability to increase home value since it's not able to change the layout of your home as much. In addition, the costs of remodeling can add up quickly, especially if you're planning on doing several extensive remodels such as building an addition, replacing the bathrooms, and replacing the kitchen.

Due to its ability to boost property values more than remodeling, simply tearing down your home and building a new one may make more financial sense than continually remodeling an older home.

If you're thinking about performing extensive renovations on your older home, contact a custom home builder in your area first. You'll be able to get an idea of how much it will cost to build a new home on your lot, which will allow you to make a better decision about if your renovation project is worth it or if it would be better to design and build an entirely new custom home.