House addition or rebuild
A common dilemma facing growing families: What to do if the number of family members exceeds that? Traditionally, people tend to renovate existing homes, usually adding bedrooms to accommodate small children, or selling existing homes to buy larger ones.
However, in the past ten years, more and more families, as well as some empty nesters who want to downsize, have adopted the third option, which is known in the real estate industry as overthrown reconstruction.
Not only that, the rising cost of renovations in recent years means that reconstruction efforts have become more attractive. By toppling and rebuilding, families are still in familiar areas and still have all the facilities and schools they are used to.
In the high-end market, more and more families want to buy an old house that can be demolished and rebuilt. This means they can choose blocks and houses that fit their lifestyle and family needs.
But building a house takes time and money, as well as belief, planning, and patience. Faced with many challenges from the beginning: Where was it built? What was it built? Who designs? Who built it? How much does it cost? These are major issues and many more. Then comes the issue of regulation and plan control, permits, energy ratings, surveys, easements, special building permits and contracts. There are many things to do.
Steady progress from dream to reality
Initial surveys and studies, including land purchases: May take up to six months or more.
Conceptual design and estimation: two or three months.
Final design and quote: one to two months
Architectural documents, interior design and final quotes, including city planning, if needed: one to two months, plus city planning for up to six months.
Contract, building permit: one month.
Construction, including land formation, framing, building, restoration and transfer: about nine months.
It takes a lot of patience to buy the right property at the right price. Some buyers have spent six months or more but just found the “perfect” location.
Before you buy, you also need to understand what potential planning regulations and issues may affect the area, especially in areas prone to forest fires and floods, or in areas with less than 500 square meters of land. The usage properties of adjacent plots can affect your building as well as the location of the house.
Real estate may be affected by city government controls, such as easements, special building permits and deeds, and heritage houses, which may limit the size and style of the house you want to build. David Mulhall, a spokesman for the Victorian Architectural Designers Association, gave an example: “I have a terrible example of a client planning to build a two-storey house in Kew, but found that his plot was restricted Can build a building. So some experts suggest that you must understand the local government’s development plan before you start.
Experts can also help you understand construction costs. “In order to determine the feasibility of a project, one must understand what the house will ultimately look like.”
This means that when buying a plot of land, the cost of construction must be considered. Balance land and construction costs without breaking budgets or overspending on the land itself.
Hiring a consultant early also helps identify the type of house you want and what you need to pay. People who want to build the house you are looking for in one go usually hire an architect or designer.
Normally, if you discuss with a design and construction company, they will have a series of pre-configured plans for you to choose from. The builders provide a limited design catalog with the least flexibility, but these structures are often the most affordable. Choosing a pre-configured design to build a house usually means that people don’t have much grasp and idea about the house design. Pros and cons.
Although most demolition and reconstruction are favored by this option, it is simply risky to simply assume that a standard design plan can be permitted by the relevant authorities. Especially if you are asked to sign an agreement in advance. Some customers paid a deposit and did not see the agreement clearly. In the end, they found that the planning permit was their responsibility, but later they could not get it, and they would have a big trouble.
Before building a house, geological information and site surveys must be processed. This includes soil testing, wind speed and jungle fire ratings, as well as determining whether the area is prone to high corrosion or termites.
No matter what you do, building your home list is crucial: what style of house, how many rooms, size and efficacy. This will help establish costs on a budget.
With the rise in renovation costs, more and more people choose to rebuild.
A common dilemma facing growing families: What to do if the number of family members exceeds that? Traditionally, people tend to renovate existing homes, usually adding bedrooms to accommodate small children, or selling existing homes to buy larger ones.
However, in the past ten years, more and more families, as well as some empty nesters who want to downsize, have adopted the third option, which is called overthrowing and rebuilding in the real estate industry.
Not only that, the rising cost of renovations in recent years means that reconstruction efforts have become more attractive. By toppling and rebuilding, families are still in familiar areas and still have all the facilities and schools they are used to. In the high-end market, more and more families want to buy an old house that can be demolished and rebuilt. This means they can choose blocks and houses that fit their lifestyle and family needs.
But building a house takes time and money, as well as belief, planning, and patience.