There are circumstances, particularly in Austin, where tearing down and rebuilding makes sense. As a 20+ year Austin infill builder, Newcastle Homes is expert at determining the condition, possibilities and market value of a property. We can help you decide the best route to achieve the home you want.
If a majority or large part of the value of your home is held in the land, not in the structure, rebuilding may be right for you. It’s no secret that everyone wants to live in Austin. There are certain neighborhoods within Austin where land values far exceed the value of the structures built on them – these are excellent candidates for tearing down and rebuilding.
The age and condition of your home will be a major factor in determining if it should be rebuild or renovated. Homes with architectural or historical significance may lead to a renovation to preserve those features. Major problems with a home, such foundation failure or an accumulation of smaller failures may mean it is better to tear down a home and start over.
What you can build on your lot is determined in large part by city code, trees and any covenants restricting the property. Newcastle Homes is particularly adept at maximizing the buildable square footage of a lot and we can do the due diligence you need to proceed with your project with absolute confidence.
Let’s explore your options
If you’re considering selling your home soon, you could be leaving money on the table by not doing these renovations first. The equity gained can often offset or even negate the cost. As a spec builder, Newcastle Homes knows what is important to buyers and what sells. We can put those skills to work for you, to determine the improvements that can get you the most bang for your buck when you put your home on the market.
It’s no secret the housing market is tough, especially in Austin and especially for first-time homebuyers. One solution is renovating existing housing stock. There are still deals to be had in the resale market in Austin if you know where to look. Finding a fixer upper can get you on the housing ladder and into a home built for you.
Your guest bath is the perfect opportunity to get creative and show off a little bit. Don’t let it be an afterthought. Make it a statement!
