Knock Down Rebuild

Build your ideal home, right where you live by replacing your old, run-down home with a modern, comfortable residence with great resale value.

Knocking Down Your Old Home And Rebuilding A New Home

In the dynamic landscape of modern real estate and home ownership, the concept of “knock down rebuild” has emerged as a compelling option for many homeowners. At its core, this process involves demolishing an old, often rundown house and constructing a new one on the same land.

This approach combines the familiarity and attachment to a specific location with the benefits of modern living, offering a unique solution to those who are deeply rooted in their community but desire a more contemporary and suitable living space.

The reasons for choosing a knock down rebuild are multifaceted and personalized.

For many, the emotional connection to their current neighborhood — with its established relationships, familiar surroundings, and often irreplaceable memories — is a strong motivator. This sentimental value, coupled with the practicality of remaining in a well-loved location, makes knock down rebuilds an attractive alternative to moving to a new area. Furthermore, in high-demand locations, where land is at a premium, this approach allows homeowners to make the most of their valuable property.

Moreover, knock down rebuilds offer unparalleled customization and control.

Unlike purchasing a pre-existing home or dealing with the limitations of a renovation, rebuilding allows for the creation of a space that truly reflects the homeowner’s needs and aesthetic preferences. This level of personalization extends to everything from the floor plan to the finishing touches, ensuring a home that is not just new, but uniquely tailored to the individual or family residing there.

In contrast, the advantages of constructing and living in a brand new custom home, as opposed to residing in an outdated and potentially deteriorating property, are numerous.

Modern design and architecture offer not only aesthetic appeal but also functional benefits, such as energy efficiency, lower maintenance costs, and the integration of advanced technology.

These contemporary homes are built to current standards, providing a safer, healthier, and more comfortable living environment. Furthermore, the personal satisfaction derived from creating a bespoke home, crafted to one’s own specifications and desires, is an invaluable aspect of this choice.

Thus, the decision to embark on a knock down rebuild project is driven by a blend of emotional, practical, and financial considerations, making it a compelling route for many in today’s evolving housing landscape.

What is a Knock Down Rebuild?

The term “knock down rebuild” is used in the construction and real estate industries, referring to the process where an existing house is completely demolished and a new one is built from scratch on the same land.

knock down rebuild

Why choose to knock down rebuild?

There are many reasons to choose to knock down your old home and build a new home. Here are just a few:

  1. Location Preference: Homeowners may be attached to their current location due to factors like proximity to work, schools, community, or simply because they love the neighborhood. A knock down rebuild allows them to stay in the same location while upgrading their living space.
  2. Cost-Effectiveness: In some cases, renovating an old house can be more expensive than building a new one, especially if the house requires significant structural changes. Rebuilding can also be more cost-effective than buying a new house in a desirable area, as real estate prices can be high.
  3. Customization: Building a new house allows homeowners to customize the design, layout, and features according to their current needs and preferences, which might not be feasible with a renovation.
  4. Modernization: New construction means the house can be built with the latest materials, technologies, and energy-efficient designs, which can be more sustainable and economical in the long run.
  5. Avoiding Hidden Problems: Older homes may have hidden problems like asbestos, old wiring, or plumbing issues. Knock down rebuilds eliminate these uncertainties.
  6. Regulatory Compliance: New constructions are built to the latest building codes and standards, ensuring better safety and compliance than older structures might offer.

In essence, a knock down rebuild offers the benefits of a modern, custom-designed home in a beloved or strategic location, often with financial and practical advantages over extensive renovations or relocating.

Costs are a factor

There are lots of factors to consider if you’re deciding between buying an established house or knocking down and rebuilding your own. One factor to consider that is often overlooked is the cost of Stamp Duty to buy an established home.
For example, the Government fees on an $800,000 property in Queensland is $24,910.70.

Those costs could go towards your demolition costs instead of paying Stamp Duty.

Source: Conveyancing.com.au

knock down rebuild cost calculator

How much does it cost to Knock Down an established house?

In Australia, the cost of demolishing an old home varies depending on several factors like the size, location, and condition of the building. The average cost for house demolition is typically between $16,000 to $17,000, but the range can be quite broad, from $12,000 to $40,000. This variability is due to factors such as the presence of hazardous materials like asbestos, the ease of accessibility to the site, and the specifics of the building itself plus other structures on the site.

For example, if the house is small, located in an easily accessible area, and has no dangerous materials in its construction, the cost could be less than $18,000. On the other hand, a standard home to be demolished might cost close to $23,000.

It’s also important to note that the cost is often calculated per square meter, ranging from $50 to $150. However, if hazardous materials like asbestos are present, the demolition price can increase significantly, ranging between $70 and $180 per square meter.

These costs are influenced by the requirements of the demolition process, which can include site preparation, obtaining necessary permits, and the removal and disposal of debris and hazardous materials. Therefore, the total cost of demolishing a house in Australia can vary greatly depending on these individual factors.

If you’re considering demolishing and rebuilding your home, we can help you source quotes from reliable demolition contractors that we have used in the past. Simply contact us to discuss your building ideas and we can assist in arranging quotes for your demolition.

Why would you choose to knock down and rebuild instead of just buying or building in a different location?

Choosing to knock down and rebuild a home, rather than buying or building a different home in another location, can be driven by several reasons:

  1. Attachment to Location: Many homeowners have a strong emotional attachment to their current location due to factors like community ties, proximity to family and friends, familiarity with the neighborhood, or specific amenities and features that the area offers.
  2. Land Value: In some cases, the land on which the house is situated may have significant value due to its location, views, or other desirable attributes. Knocking down and rebuilding can be a way to maximize the potential of valuable land. Plus capital growth in some suburbs always outperforms others, so moving location may not be as beneficial in the long run.
  3. Customization and Control: Rebuilding allows homeowners to design and customize their new home exactly to their preferences and needs. This level of customization might not be possible with pre-existing homes or in new developments where designs can be more standardized.
  4. Cost-Effectiveness: Depending on the real estate market, it can sometimes be more cost-effective to rebuild than to buy a new property, especially in high-demand areas where property prices are steep.
  5. Avoiding the Hassles of Moving: Moving to a new home can be a stressful and expensive process. By rebuilding on the same site, homeowners can avoid issues related to finding a new property, moving logistics, changing schools or commutes, and other relocation challenges.
  6. Modernizing the Home: Rebuilding offers the opportunity to incorporate the latest in building technology, energy efficiency, and modern amenities, which might not be feasible or as cost-effective in older homes or certain new homes.
  7. Zoning and Permit Advantages: In some areas, existing properties may have grandfathered zoning privileges or other advantages that would not apply to a new property. Knocking down and rebuilding can allow homeowners to retain these benefits while still updating their living space.

These reasons collectively highlight why knocking down and rebuilding can be an attractive option for many homeowners, balancing emotional, financial, and practical considerations.

Advantages to a new home, instead of your old home.

Building a brand new custom home and living in it offers numerous advantages over residing in an old, rundown home that may be a candidate for demolition. Here are ten reasons why a new custom home design can be far superior:

  1. Modern Design and Customization: A new custom home can be designed to meet your specific needs and preferences, from the floor plan to the smallest design details, ensuring a living space that truly reflects your lifestyle and tastes.
  2. Energy Efficiency: New homes are often built with modern materials and technologies that are more energy-efficient. This can lead to significant savings in utility bills and a smaller carbon footprint over the life of the home. Also keep in mind, many materials from the demolished residence are salvaged and re-used, minimising waste.
  3. Low Maintenance: New homes require less maintenance compared to older homes, as everything from the appliances to the roofing is brand new and under warranty, reducing the time and money spent on repairs and upkeep.
  4. Advanced Technology Integration: New constructions can easily integrate the latest in smart home technology, home automation, and high-tech security systems, offering a level of convenience and safety that old homes often can’t match.

Rooms like the home theatre room can add to your enjoyment of your new home, which would be difficult to replicate in an established home or even a renovated home.

This purposefully designed theatre room is just one example that shows how a custom designed home can add to your comfort and lifestyle – and another reason why knocking down and rebuilding might be the choice for you.

knocking down your old home and building a new home
  1. Better Building Standards: New homes are built according to the latest building codes and standards, ensuring a higher level of safety, particularly in terms of electrical systems, plumbing, and structural integrity.
  2. Healthier Living Environment: Older homes can have health hazards like asbestos, lead paint or lead flashing, mold, or mildew. New homes are free from these issues, offering a healthier living environment.
  3. Modern Amenities: New homes can be built with the latest amenities and luxuries, such as spa-like bathrooms, gourmet kitchens, outdoor living spaces, and custom entertainment areas.
  4. Increased Resale Value: A new, modern home often has a higher resale value and is more attractive to buyers than an older, outdated property.
  5. Better Insulation and Ventilation: New homes generally have better insulation and ventilation systems, leading to improved indoor air quality and comfort.
  6. Personal Achievement and Satisfaction: Building a custom home can be a fulfilling personal achievement, offering the satisfaction of living in a space that you have created and that uniquely represents your vision and hard work.

These reasons underscore the numerous benefits of opting for a new custom-built home, especially when compared to living in an older, potentially deteriorating property.

Are you considering knocking down and rebuilding?

At Paragon Homes, we specialise in knock down rebuilds. Contact us today for an initial free consultation where we can discuss your options and give you advice on timing your demolition to align with your construction start dates.