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October 2020

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The Main Factors To Consider When Rebuilding a Property

If you are thinking about undertaking a knock down rebuild on a particular property then you should consider a number of factors before starting this particular construction project. Indeed, making the decision to rebuild or remodelling an existing commercial or residential property can often be a daunting challenge. In addition, carrying out a rebuilding project is often expensive, while renovating a commercial or residential structure can provide you with a fantastic way to change a number of aspects of the building. Furthermore, it is imperative to understand that if you want to carry out a renovation or rebuild project, then you should consider a number of factors which may influence the various aspects of your decision-making system. As a result, if you are thinking about undertaking a knock down rebuild, then you should consider a number of factors to make sure you make the right decisions for your needs.

  • Choose a suitable budget
  • Think about the resale value
  • Ensure structural integrity
  1. Choose your budget

One of the main factors that you should consider if you want to rebuild a commercial or residential property is to think about the budget. Indeed, if you are working on a limited budget, then a renovation project may be undertaken in a number of different stages, allowing you to proactively manage how much you spend during each stage. However, completely rebuilding an existing structure can often cause you to spend a considerable amount of money in a single project. For more information about how to go about the process of carrying out a knock down rebuild in Canberra, you should think about consulting an online business directory as you will be able to identify a number of companies that you can contact.

  1. Think about the resale value

Furthermore, it is important to understand that if you want to carry out a renovation or rebuild project, then you should think about the resale value of the property that you will be able to achieve after the project has been completed. This is especially pertinent if you are looking to cover your costs after selling the property after the completion of the project.

  1. Make sure of structural integrity

Lastly, it is important to understand that if you want to carry out a knock down rebuild you should think about how to make sure the property is rebuilt safely while you should also ensure the structural integrity of the building at all times. This is especially pertinent if you are looking to fix up an existing structure while you should also consider your budget and the final results before making a final choice about whether to undertake this particular project.

Therefore, in conclusion, if you want to undertake a knock down rebuild project, then you should think about a number of factors while you should decide on a budget and think about the resale value you want to achieve.

 

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Tips for Designing & Building your Dream Home

If you are about to retire and sell the family home, with the intention of building your dream home in the sun, there is a lot to consider. This is a rare opportunity to actually design your living space, and with that in mind, here are a few tips to take on board when designing your dream home.

  • Sourcing a Builder – Ideally, you want a builder who has extensive experience in building to order, and such a company would offer a comprehensive service from the initial design to the handover. One such custom home builder in south western Sydney offers a complete design and build service, and they will involve you every step of the way.
  • Think Smart – Building a home in 2020 simply must incorporate solar power, and for a small investment, you can install a smart home system that will allow you to control every aspect of your living space. The NSW government will offer homeowners a grant if they opt for clean, renewable energy from an approved solar power system installer, and it is a nice feeling not to be dependent on the energy corporations, as you will not require connecting to the national grid.
  • Composite Materials – By incorporating composite materials, you are adding insulation, which will save you energy, plus composites are maintenance free, which is another benefit. Talk to the builder about composites and eco-friendly options, which will pay dividends in the long run, and you might also save some money.
  • Think of the Future – If, for example, there is a possibility that you might want to extend in the future, you can make provisions for this in the original design, which might involve preparing a stand-alone area for a modular buildingat some point in the future, and you can lay the utilities now.
  • Crunch the Numbers – Of course, there are many costs when building a property, with the land purchase and the cost of construction, which would have to be paid in instalments to the builder. You will also have some legal costs and may have to pay tax as well as stamp duty, while also factor in furnishing and the removal process.

If you have sold the family home, the chances are you won’t need a home loan to build your retirement home, but if you do need a mortgage, this should be the first thing you do.

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