In a nutshell, a Knockdown Rebuild is where you demolish your current home and replace it with a brand new
home on the same block of land. You get to build the contemporary home
you have always wanted, with a floorplan that matches your lifestyle and
all the little luxuries you've always wanted. It is often a more
affordable and less painful process than renovating or moving somewhere
new, and you don't have to pay stamp duty.
What about renovating instead?
challenging part of giving an old home a facelift is that it can be
difficult to work out what it will ultimately cost. Unforeseen issues
can blow out the cost when you uncover previously hidden or undiscovered
Where would I live during the build?
you do need to relocate temporarily while your dream home gets built,
many people find this is preferable to the disruption of living in a
home undergoing renovations, particularly those with unclear completion
dates. Of course, it's all worth it in the end when you get the keys to
your brand new home.