Whether to renovate or rebuild usually comes down to the condition of the existing structure, how much the current layout can realistically be changed, and budget. A structurally sound home with a workable footprint is often cheaper to renovate than to demolish and rebuild.
On the other hand, if a home needs extensive structural work, or the desired layout doesn't fit the existing footprint, a new build can end up being more cost-effective than a heavily modified renovation.
M&Co Homes handles both renovations and new builds, and can advise which makes more sense for your property. Get in touch for a free assessment.