It's hard deciding between whether to buy a new home versus build a new home! There are so many things to consider.
To make things even more complicated...
If you're considering building in the City, you will often need to tear down an existing home to make way for a new home. How do you know if tearing down an existing home is a good option for you and your family?
We’ve put together a quick guide to help you answer this question —
Is a Teardown and Rebuild a good option for me?
Let's explore some of the key criteria when considering if it truly is the right option for you.
ARE MY PRIMARY LIFESTYLE CRITERIA BEING MET?
Most tear down rebuild projects mean that your new home will be in an established community. Make sure you find a property in a neighborhood that offers the key features you want.
Take an inventory of the following to ensure they meet your personal criteria:
Good schools and childcare
A well-developed sense of community
Commuting a shorter distance to work
Close proximity to entertainment or cultural options