To address the age-old question of remodeling versus building new, there are a few things you should consider. When you remodel, you need to figure out if you need any building permits or how the additions will change your housing footprint. You may also run into structural issues or budget-eating surprises.
With large remodels, it may just be better to build a custom-made house from scratch. However, the debate about remodeling or building a new custom home in Hamilton County cannot be based solely on construction costs. There’s also the connection you have to your current home and how much you like your neighborhood. Of course, if you love your lot and need a better housing fit, you could always go the demolish and rebuild route.
3 Things to Consider Before Remodeling
Remodeling can be a big undertaking and one that can potentially upend your family. The result hopefully comes out just as you envisioned, but there are some things before you pull the trigger that you should consider:
● Does Your HOA or Historic District Allow For Extensive Home-Improvements?
Check with your HOA or city planner before you make any plans for an addition or extensive remodel. You may be limited by what changes you can make to your house. Many times a remodel will require you to purchase permits and schedule proper building inspections. Sometimes the decision to remodel or build a new custom home will be made by what you can and can’t do to your current house.
● Will Remodeling Dredge Up More Structural Issues?
Remodeling can lead to unpleasant surprises. When walls are torn down, unexpected problems may be revealed that must be resolved before rebuilding. Removing unsafe materials, outdated plumbing, and unsafe electrical wiring can lead to additional costs. Do you know what is hiding in your home?
● How Inconvenienced Are You Willing To Be During A Remodel?
Many people who opt for a remodel live in the home while it’s being worked on. If you are on a tight budget, remodeling room by room could take many years. Could your family do without a kitchen for a month or two?
What To Consider When Building a New Custom Home
Depending on how large you remodel, building a new home may seem more cost-effective. There are some common reasons why homeowners in Carmel or Noblesville may be reluctant to build a new home. These reasons include:
● Do you want to move to a different neighborhood?
Moving to a new custom-build may mean leaving your neighbors behind or switching school systems.
● Do you have a close connection to your home?
Your home may be a family home and where you grew up. It may be your first house you bought or the only home your children know. When you have a close emotional bond, it may be better to remodel — or have your builder incorporate some of your current home into your new custom-build.
What About A Custom-Build On Your Existing Lot?
One solution to the remodel versus building a custom home is to take down the old house and replace it with the new home on the same lot. This way you will be able to rebuild with modern materials to your specifications without leaving your Hamilton County neighborhood.
The architectural design advantages of tearing down and rebuilding with a clean slate can be enormous. With a custom house on your lot, you might be able to get some improvements not available during a remodel, like tall ceilings or a finished basement. You can also change around the wiring, plumbing, and heating from the ground up so it’s safer and more energy efficient.
Keep in mind that you will have to get building permits, but with a new build, you can get a builder like Old Town. We’ll be with you every step of the way so that your new custom build house will become your forever home.
Old Town Design Group is the Leading Custom Home Builder in Hamilton County
If you decide to build a new home in Hamilton County, Old Town is here for you. Our team of experts are ready to create your dream home in a timely manner and will guide you every step of the way. Call 317.816.3150 to contact our new home consultants, and we’ll discuss your custom home goals.