Economic feasibility: Reconstruction or dismantling?

Owners often believe that the presence of walls and a roof automatically saves 50% of the construction budget. However, economic calculations sometimes show the opposite.

It is necessary to evaluate the project according to the following financial criteria:

When reconstruction is profitable:

• Foundation and walls in perfect condition: If the structure does not require reinforcement, you really save on the "box".
• Legal restrictions: If the plot is small and new construction is impossible due to modern regulations (setbacks from neighbors, etc.), reconstruction within the existing foundations — the only way.
• Historical or architectural value: When the house has a unique character that cannot be recreated in a new building.

When demolition and new construction are cheaper:

• Strengthening structures: If the foundation is cracked and the ceiling is rotten, the cost of strengthening them can exceed the cost of building new walls.
• Low energy efficiency: Old houses often cannot be insulated to modern standards without huge costs. This will lead to high heating bills in the future.
• Planning restrictions: The presence of load-bearing walls in the middle of the house can prevent the creation of a modern space (for example, a large kitchen-living room), and "remaking" these walls will be too expensive.

Formula of feasibility: If the cost of major repairs and reinforcement exceeds 60-70% of the cost of building a similar new house — we believe that reconstruction is economically inexpedient.

What do we get as a result?

After the architect inspects the building, you will receive expert advice that will help you avoid a situation where you run out of money at the stage of dismantling old structures, and you never get to the actual construction.