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Building New Versus Renovating


Why knocking down and starting again is the best option

Who says you can’t have it all? Keep the location you know and love and rebuild the rest to perfectly suit your lifestyle. This is what knocking down and building new is all about. If you are still undecided between renovating or building new, we have some very compelling reasons for you to build a home that’s right for you…

It can cost considerably less

Building a new home can be considerably cheaper per square metre than renovating an older home. This is primarily because with a new home, you are essentially starting with a blank canvas.

When you start to renovate, you don’t know what you don’t know; there are always difficulties and hidden costs (like needing all new plumbing) from working with an existing structure.

New homes are also generally cheaper to maintain on an ongoing basis as they are built from the ground up to meet the latest energy efficiency requirements, incorporating the latest materials. In Queensland, all new homes are required to meet a 6-star energy efficiency rating; in New South Wales, builders need to ensure all new homes comply with BASIX.

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We provide fixed price contracts

We can provide a fixed price contract so you are aware of all the costs involved in the building (including any site preparation works) and know exactly what you’re up for at the beginning of the process. This is very useful when seeking finance, as you can take the final price to the bank to secure your home loan.

When renovating you can be confronted with unexpected costs such as structural changes, hidden plumbing issues, electrical issues and more, which can accumulate and cause you undue financial heartache down the track.

You can build a home to suit your lifestyle

When you build a new home, you can get exactly what you want. No compromises necessary. You can match a home design to your needs and even future proof for a growing family if you like. Plus, you can choose a modern design to make the most of your block size and shape. There is also the possibility to build up or change the orientation of your home.

Renovations are often restricted by the original structure of the house which means you may be forced to make decisions and compromises along the way. Ultimately when you renovate you are left with a home that’s not quite “perfect” for your lifestyle.

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Support services are included in the price

We provide support services like a Site Supervisor to keep all the work on track and give you weekly updates on how your new home build is progressing. No time out to project manage your renovation necessary! As part of building a new home, we have already sourced all the trades and will organise them to be on site in the right order to minimise the time it takes to build your home.

Not an interior designer? No sweat! We provide you with loads of inspiration on the latest looks and trends, in addition to a consultation with an Interior Designer, tile consultant and electrical expert to make all your selections to bring your dream home to life.

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Aftercare service and warranties are included

When building a new home, you not only receive a period of aftercare service, but warranties on the structure and inclusions. The service period program will address any of the minor items which may occur as a result of your new home settling. Usually these issues are as simple as minor cracking to your cornices, or adjustment to doors.

Coral Homes utilises leading suppliers to incorporate the highest quality inclusions for your new home, each of which comes with its own manufacturer’s warranty. Giving you more peace of mind, the structure of your new home would come with a 6.5 year warranty in Queensland or 6 year warranty in New South Wales.

Have you ever wondered what’s involved in a Knock Down & Rebuild project ?

Need one more final reason to do a knockdown and rebuild project? Well at Coral Homes we provide a free site assessment on your block for you! Contact us today to discuss your knockdown and rebuild project. 

Do you dream of having a modern home in the location you know and love? A Knock Down & Rebuild could be your best option

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