ᐅ Enlarge and completely renovate a single-family home, or demolish and rebuild?
Created on: 19 Dec 2021 18:54
Z
zizou89
Hello everyone,
Here is the situation:
We have the opportunity to buy a plot of land (600 sqm (approximately 6458 sqft)) with a house from the 1960s that offers 105 sqm (approximately 1130 sqft) of living space over two floors for 150,000 €. The value of the land alone (land reference value) is 130,000 €.
For us, however, the house is too small. We would like to undertake the following measures (the development plan allows all of these):
1. Extend the house by 3 meters (about 10 feet) to the rear and 3 meters (about 10 feet) to the side.
2. Add extra floors.
3. Install a new roof.
4. Replace the exterior facade.
5. Complete interior refurbishment.
In other words: we basically want to redo everything.
Would this be financially worthwhile, or would demolition and rebuilding make more sense? Are there any tips regarding funding options (KfW programs) or similar?
Please excuse me, as I am (still) a complete beginner. I understand that it is impossible to predict costs here, but maybe there are people who have undertaken a similar project 🙂
I would appreciate any information.
Here is the situation:
We have the opportunity to buy a plot of land (600 sqm (approximately 6458 sqft)) with a house from the 1960s that offers 105 sqm (approximately 1130 sqft) of living space over two floors for 150,000 €. The value of the land alone (land reference value) is 130,000 €.
For us, however, the house is too small. We would like to undertake the following measures (the development plan allows all of these):
1. Extend the house by 3 meters (about 10 feet) to the rear and 3 meters (about 10 feet) to the side.
2. Add extra floors.
3. Install a new roof.
4. Replace the exterior facade.
5. Complete interior refurbishment.
In other words: we basically want to redo everything.
Would this be financially worthwhile, or would demolition and rebuilding make more sense? Are there any tips regarding funding options (KfW programs) or similar?
Please excuse me, as I am (still) a complete beginner. I understand that it is impossible to predict costs here, but maybe there are people who have undertaken a similar project 🙂
I would appreciate any information.
First of all, I want to say that I don’t know anyone who has renovated and remodeled an old house who would do it again the same way. Without exception, everyone would choose to demolish and rebuild from a later perspective.
I also fully renovated and extended a house built in 1956. I wouldn’t do it again either. Demolish and rebuild would have been faster and cheaper.
My situation was almost the same. The original house measures 7 x 7m (23 x 23 ft). Attached to it is an extension with a flat roof like the red border in your case, but 3.80m (12.5 ft) wide. The extension is about 20cm (8 inches) lower than the old house. On top, I now have three gables; on the extension a bedroom and a large bathroom, and in the old house a large children’s room of about 38 sqm (410 sq ft) with a walk-in closet and a hallway. Everything was redone—electrical, heating, plumbing, waste water, windows, walls, and so on. Apart from minor details, you can no longer see anything of the old house.
On the other hand, you do save a considerable amount of material by keeping the old house. And you can do a lot of the work yourself. But you can do that just as well with a new build.
I also fully renovated and extended a house built in 1956. I wouldn’t do it again either. Demolish and rebuild would have been faster and cheaper.
My situation was almost the same. The original house measures 7 x 7m (23 x 23 ft). Attached to it is an extension with a flat roof like the red border in your case, but 3.80m (12.5 ft) wide. The extension is about 20cm (8 inches) lower than the old house. On top, I now have three gables; on the extension a bedroom and a large bathroom, and in the old house a large children’s room of about 38 sqm (410 sq ft) with a walk-in closet and a hallway. Everything was redone—electrical, heating, plumbing, waste water, windows, walls, and so on. Apart from minor details, you can no longer see anything of the old house.
On the other hand, you do save a considerable amount of material by keeping the old house. And you can do a lot of the work yourself. But you can do that just as well with a new build.
Durran schrieb:
First of all, I want to say that I don’t know anyone who has renovated and remodeled an old house who would do it again. Without exception, everyone would choose to demolish and build new in hindsight. I did it, and I would do it again.
It was also cheaper than building a new house, and I am very satisfied with the home!
Of course, this only works if you are fundamentally happy with the type of house, its size, and the layout.
On the other hand, it must be said that there are very few people who have built a new house and would not do many things differently if they were to build again. So, homeowners who are completely satisfied are extremely rare.
This could involve the door openings, light switches, stair riser heights, or other details. Even in new construction, there is always room for improvement. In an existing house, however, the possibilities are much more limited. For example, the arrangement of doors and windows, ceiling heights, stairs, chimneys, and so on.
It always depends on the individual case.
From today’s perspective, I would rather tear down and build a bungalow than renovate the old house. In terms of cost, it would probably be about the same.
This could involve the door openings, light switches, stair riser heights, or other details. Even in new construction, there is always room for improvement. In an existing house, however, the possibilities are much more limited. For example, the arrangement of doors and windows, ceiling heights, stairs, chimneys, and so on.
It always depends on the individual case.
From today’s perspective, I would rather tear down and build a bungalow than renovate the old house. In terms of cost, it would probably be about the same.
Winniefred21 Dec 2021 23:13I believe you are still very much at the beginning and lack the necessary knowledge to make an informed judgment. You will definitely need a professional by your side.
We renovated and have no regrets. I also know several people who renovated and feel the same way. However, this is a forum for home builders, so most members are focused on new construction.
We renovated and have no regrets. I also know several people who renovated and feel the same way. However, this is a forum for home builders, so most members are focused on new construction.
T
Trademark21 Dec 2021 23:17In the end, it’s also a matter of personal preference. You need to be motivated to do things yourself. You also have to be able to accept the old and possibly somewhat compromised floor plan. But you can achieve a lot if you have the budget, courage, and ideas.
Before the renovation:
Relatively toward the end:
Before the renovation:
Relatively toward the end:
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