Home renovation and new home construction are both popular options for homeowners who want to improve their living space. However, choosing between the two can be a tricky decision for many.
While both options have their benefits, they also come with their own set of drawbacks. From location to budget to future plans, there are dozens of considerations to make when choosing between home renovation and new home construction, and it’s important to carefully consider what each one offers. To help you decide which path is right for you, here are some of the pros and cons of each route:
Pros of Renovating
Whether you want more room, a different floor plan, or a more modern style, renovating your existing home offers a lot of possibilities. Not only can you transform virtually every aspect of your existing property, but renovation also allows you to remain in the home that you’ve loved and created memories in for years.
This house may be where you got married or where your kids grew up, making it difficult to leave it behind and move into an entirely new property. You may also have close bonds with your neighbors and don’t want to risk moving to a new area or less ideal location. With home renovation, you can keep those memories and relationships intact while upgrading the house for future memories.
You can upgrade your home both stylistically and technologically. You can renovate the cosmetic portions of your house, giving it a more contemporary style and increasing the property value. You can also install energy-efficient and environmentally-friendly upgrades such as double-pane windows, smart appliances, solar panels, and more. You can also completely redo your home’s footprint, adding an extension or changing around the floor plan to better suit your lifestyle today. Whatever you’re envisioning, most upgrades can be achieved with home renovation, depending on your budget.
Considerations for Renovating
If sentimentality isn’t a big factor in your decision, home renovation may not be worth it. To determine whether a home renovation will be good value, it’s important to learn as much as you can about the current state of the home.
Is the location increasing in value? Are there any hazardous materials used in or around the home? How structurally sound and healthy is your home’s foundation? Homes with significant structural damage may cost more to fix than they’re worth. In some cases, demolishing the home entirely and investing in new home construction is more cost-effective.
If you live in a historical area or HOA, the renovations you have in mind may also not be possible. Historical neighborhoods and neighborhoods controlled by any kind of governing body often have restrictions and limitations on what construction can be performed. This makes your home renovation dreams contingent upon their approval, which is not guaranteed.
Pros of New Home Construction
The process of building a new home can feel extensive, but it’s often well worth it due to the wide variety of benefits over an upgraded home. With new home construction, you can control every design decision, optimizing each square inch of your new home for your lifestyle and future plans.
Firstly, you can choose which section of the land you think is best, and which way you want the house to face for optimal views of the outdoors. You can also design the entire floor plan to suit your needs and create each room to the size and specifications that work best for you.
You’ll also have peace of mind that every material and object in your home is new, safe, and under warranty. Everything used is typical of the latest industry technology, guaranteeing optimal energy efficiency and long-term cost savings. Your maintenance and repairs in the first few years of owning the home should be extremely minimal.
Considerations for New Home Construction
While new home construction is often well worth it for anyone considering the option, the importance of ‘trust the process’ is stressed due to the virtually limitless customization options. That’s why it’s crucial to choose a full-service design-build firm that will handle everything and make the experience as seamless and hassle-free as possible.
Your architectural design firm will handle the administrative and technical considerations like pulling permits, assessing local building codes, considering local weather patterns, and coordinating various materials and labor. All you need to do is make the design decisions to ensure that your new home construction mirrors your vision for your dream home.
Whether you want to renovate your existing home or invest in luxury new home construction, C&C Partners is the premier choice. We offer unmatched and unwavering customer service, paired with exceptional craftsmanship that guarantees you’ll love your custom home for decades to come. During every stage of the custom home design process, your vision and budget are kept at the forefront, exemplifying the client-centric approach that has helped us become one of the premier architectural design firms in Southern California. We’ll work with you one-on-one, ensuring that you’re comfortable and confident throughout the custom home design process and guaranteeing your dream home comes to life. If you want to experience the C&C Partners difference for yourself, view our previous projects, contact us online, or give us a call at 310-322-0803 today.