As a building design and interior design firm in Vancouver, we get asked this question A LOT. Our Builders also get asked this question A LOT.
Every time someone calls them for a quote, they want to know ‘What does it cost to tear down and rebuild a home in Vancouver?”. This puts the designer or builder in a tough position. We want to answer your questions and be as helpful as possible, but need to consider a number of things to start getting close to accurate pricing and unfortunately, there’s no cookie cutter answer.
What we CAN give you are three additional costs you’ll be certain to pay when considering a tear down rebuild project.
First of all, what qualifies as a Tear Down Rebuild?
A tear-down is an existing single-family dwelling on an existing lot that is acquired for the specific purpose of ‘tearing down’ the existing dwelling and then constructing a new single-family dwelling within the existing zoning by-law provisions and allowable building footprint.
Cost #1: Abatement
Abatement in simple terms is the safe testing and removal of hazardous materials in the existing structure before demolition.
You will need first need to test for Asbestos.
Asbestos Testing - How Much Does It Cost?
To get the most cost effective abatement, have your hazmat (hazardous materials) report done as soon as possible. It will allow you to understand the full scope and related costs involved.
Limited reports covering specific work can be as low as $400-$800. Typically, most homes will fall between $1200-$2000 range. Factors are size of home and areas deemed to contain possible hazardous materials such as textured ceilings, duct or drywall tape, attic insulation, flooring, roofing, etc. You can see how costs an easily begin to creep up.
TIP: It’s wise to talk to a tear down rebuild professional or builder. Ask them who they use, most will gladly help coordinate that on your behalf.