Knock down rebuilds (KDR) are becoming an increasingly popular choice for homeowners in Wollongong, and it’s not difficult to see why. Wollongong is a beautiful city. It’s a vibrant and growing city that has experienced significant development in recent years, making it an attractive place to live.
As per building experts A Class Building Australia, the housing market in Wollongong has been on the rise for some time now, with property values continuing to increase. As a result, many homeowners are choosing to knock down their existing homes and rebuild to create their dream homes. This is especially true for those who have owned their homes for a long time and have built up significant equity.
Here are some of the reasons why more and more people are opting for knock down rebuild Wollongong:
The Location of Wollongong
One of the primary reasons why people choose to knock down and rebuild in Wollongong is the location. Wollongong is a beautiful coastal city that offers a fantastic lifestyle, with stunning beaches, picturesque parks, and natural reserves. It’s an ideal place to raise a family, with plenty of excellent schools and amenities. However, finding an available property that meets your needs can be difficult in some of the most sought-after areas of Wollongong. By knocking down and rebuilding, you can choose the perfect location for your new home.
Customisation OptionsÂ
Another significant advantage of knock down rebuilds is the ability to customize your new home to your exact specifications. With a KDR, you have complete control over the design, layout, and features of your new home. You can create a home that is tailored to your family’s needs and lifestyle, with the perfect number of bedrooms, bathrooms, and living spaces.
It is Cost-Effective
Another reason why knock down rebuilds are becoming increasingly popular in Wollongong is that they can be more cost-effective than buying an existing property or building a new home from scratch. By knocking down an existing home, you can save on demolition costs, site preparation, and some council fees, as the site has already been developed. Additionally, you can avoid the costs associated with selling and purchasing property, such as real estate agent fees, stamp duty, and legal costs.
It provides Avoiding the Hassle of Moving
Moving can be stressful, expensive, and time-consuming. When you choose a knock down rebuild, you can avoid the hassle of moving entirely. You can stay in the same location, keep your current social network and avoid having to change schools or jobs.
It is Better Energy Efficiency
With modern building practices, a knock down rebuild can offer better energy efficiency than many older homes. New homes can be built to higher energy efficiency standards and come with better insulation, more efficient heating and cooling systems, and more sustainable materials. This can result in lower energy bills and a more comfortable living environment.
It gives More Control Over the Building Process
When you choose a knock down rebuild, you have more control over the building process than when buying an existing home or building from scratch. You can work with the builder to ensure that the project runs smoothly, and you can oversee the work to ensure that everything is being done to your satisfaction.
ConclusionÂ
Knock down rebuilds are becoming increasingly popular in Wollongong for a variety of reasons. They offer the opportunity to customize your home, control the building process, and save money compared to other options. With the rising property values in the area, homeowners who have built up significant equity in their homes can take advantage of this opportunity to create their dream homes.
