If you’re looking to find your dream home on the Gold Coast, it’s no secret that the market is super-competitive. In the past 18 months since the COVID-19 pandemic began, median house prices on the Gold Coast have soared, with the average dwelling selling for more than $880,000.

Finding vacant land in the area you love can also be difficult, making it hard to achieve the goal of building a home from scratch. You may have to start looking for alternative solutions to build your new home.

Many people are now knocking down existing homes to build new ones. It’s a great alternative, allowing you to build the home you want, without compromising and moving away from the area you love.

Here are 3 reasons you should consider a knock-down build.

You have outgrown your family home

Community is such an important part of life and if you’ve found a neighbourhood you love, it can be difficult to move away. This poses a problem when you start to outgrow your current family home.

If you decide on a knock-down build, you don’t have to compromise. You can stay in the area and build your dream home with everything you need and want.

Having the ability to design your home to meet the needs of your growing family is probably the best thing about building a new home. You can customise each space and create the look, feel and functionality you desire.

Structural problems

Severe structural problems can be a good reason to consider a knock-down build.

It’s common to find out that the structural integrity of your property is compromised after starting a renovation project. When people dig a little deeper into their property, serious problems may be unearthed such as issues with the level of the building, dampness and mould or termites. These problems can be extremely difficult and expensive to remedy.

If you have an older home, 30+ years or more, you may be faced with ongoing issues regarding the properties structural integrity. You’ll find as the home ages you may continue to encounter issues.

In these circumstances, knocking down the building and starting again may be the most financially viable option, to avoid ongoing problems and expenses.

Asbestos

It’s a word nobody wants to hear when you’re about to renovate or rebuild your home. Asbestos was commonly used in construction and can be found in homes built before 1990. Asbestos poses a serious risk to health when its fibres become airborne and are breathed into the lungs.

Asbestos can be extremely time consuming and expensive to remove, and makes renovating very difficult. If your home has a high asbestos content it may be more cost effective to knock-down and rebuild.

If you decide to knock-down your home and rebuild there are strict regulations and guidelines for removing asbestos in Queensland.

Ready to build your dream home?

For custom new builds on the Gold Coast, Davey Constructions are the leading choice. We go out of our way to create a stress-free experience for you and your family and can guide you though from initial design, to completion of your knock-down build.

For more information about custom building your new Gold Coast home with Davey Constructions, contact us online today, or call 0413 454 054 for a chat.