The pros and cons of a knockdown rebuild project

Looking for a change of scenery? If you've been residing in the same Sydney neighborhood for some time and are growing less and less enamored with your current home design, you may be considering moving to a different neighborhood or area.

The issue is that moving in Sydney can be very troublesome. Moving costs, removalists, packing and unpacking, moving furniture, and a granny flat builder host of other issues come into play when you have to move all of your possessions across a busy city.

All of that, of course, depends on whether you survive the auction stage and the competitive housing market.

Given this, a renovation might be a simpler and more cost-effective way to get a fresh start in Sydney. It's a win-win situation because you won't have to deal with moving and you'll get that "change of scenery" you've been seeking. Here are four factors that make a renovation project in Sydney a better idea to help you decide between moving and renovating.

Here are some more advantages of a knockdown rebuild project:

Of course, no building project is 100% perfect. There are disadvantages to a knockdown rebuild project, too:

The pros and cons of a renovation

You might think about renovating rather than rebuilding if your house is still sturdy and strong but you don't love the design. Without moving a lot of furniture or even leaving the building, renovations are a great way to increase the value of your home and give you new surroundings.

You need more room. Without having to give up the house where you've spent so many priceless moments, a home extension project can maximize the amount of space you have for entertaining, storage, or even your expanding family. The possibilities for extensions are endless: you could add a second story, move your house farther back, add a garage, or even an outdoor entertaining area.

Instead, update your interior design by tearing down unused walls to create an open-concept living area, enlarging the kitchen and adding a chic bulkhead with recessed lighting, and redesigning your bathrooms and ensuites to add a touch of luxury.