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Design your dream home with a knockdown rebuild
Love your block but not your house? A knockdown rebuild might be your answer.
Whether you’re more into the address than the abode or yearning to upgrade the house you’ve outgrown, a knockdown rebuild could be the solution to feeling more at home in your desired suburb.
A knockdown rebuild involves knocking down an existing house and rebuilding on the same block. From the freedom of a clean slate to saving time and money, here are the advantages of a knockdown rebuild, plus where to start on your dream of owning the best house on the best street.
Love where you live
Grown into your community but grown out of your house? Rebuilding keeps you in the neighbourhood you love but upgrades your home to align with your needs. You’ll stay perfectly positioned by remaining close to your friends and favourite coffee shops, restaurants and parks. A knockdown rebuild suits growing families wishing to stay near their children’s schools, empty-nesters wanting to downsize with more premium features, and professionals desiring a closer commute to work and the city centre.
While a renovation has its boundaries, a knockdown rebuild allows you to start - and dream - from scratch. You have the freedom to hit reset and choose new themes, room sizes, layout, and coveted extras like larger cupboards and additional bathrooms. You’ve got a clean, transparent slate, which isn’t always the case with renovating, when hidden - and stressful - surprises can often surface once work gets underway, like leaky pipes, unsafe wiring and patch-up jobs that quickly clock up more time and money.
Save time and money
A knockdown rebuild potentially adds value to your patch. Building a brand new property on existing land can not only increase your happiness, but can also potentially increase its resale value. You can save cash because the design is packaged into the build, and avoid lengthy delays with a considerably shorter build time without waiting for registration for land. The option gives you more bang for your buck, says iBuildNew General Manager Tim Nichols. “With the average cost of building in Melbourne around $1,395 per square metre and around $1,200 outside of Melbourne, you may be able to achieve a new single storey home design for under $250,000,” he says. “This is dependent on the size of the house and any demolition costs, but regardless, the additional savings by avoiding stamp duty are significant."
Go for green
A blank canvas can be the beginning of a more sustainable base. You have the power to build an energy-efficient hub, which in turn can save you money. Think technological advances, sustainable building materials and renewable energy sources such as solar and rainwater. Plan ahead and optimise the orientation to maximise seasonal sun exposure, shade and cross ventilation. Add clever gadgets, set up smart technology and install automated lighting or security features as futuristic finishing touches.