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Renovating an old house or building a new one – which is more profitable?

Your own home is a dream of many of us. The place where we will relax after work or school, raise children and spend time with loved ones should be adapted to all your needs. So you can’t compromise. Create your own asylum in such a way that it is a refuge for both you and the rest of the tenants.

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Building a new property is an attractive proposition with the current technological capabilities and knowledge. However, it must be admitted that the task is not the easiest to implement. An alternative is to buy and renovate an old house, which often seems to be a much cheaper way to choose. Plots with such facilities are cheaper, and we already get a house that we can move into immediately after finalization.

Is it cheaper to build or renovate?

It all depends on the technology, project and budget chosen. The cost of building a new house (not including the purchase of a plot) starts from about PLN 100 thousand. There is no upper limit. Taking into account prefabricated elements and modern solutions, the house can be successfully built in 4-8 weeks. Can a cheap and quickly built house be durable and satisfactory? Of course it is. However, there is one important condition. It can only be built in a place with convenient access (due to the number of machines transporting and setting up prefabricated elements), and its size will not be impressive. LECA houses produced in factories are characterized by impressive resistance to unfavorable conditions. They are therefore a great alternative to traditional construction.

Renovating an old house – watch out for risks

On real estate portals, you will find a lot of offers showing houses and buildings in need of renovation and reconstruction. Interestingly, their prices are usually attractive. You can often encounter a situation in which the cost of buying a property with a built facility is lower than an empty building plot. Of course, there are often opportunities on the market that are worth attention. If you are hunting for such options, it is worth going for a visual inspection with an expert who will assess the condition of the property, possible costs of remodeling the old house and profitability. Otherwise, you risk not only money, but also the health, safety and even lives of tenants.

renovating a house or building a new one

Renovating an old house or building a new one: what to choose?

Are you an investor with passion and sentiment for a given place or have you found an opportunity that is in good condition and only requires cosmetic improvements? Renovating an old house is a great proposition. It will be a place with a soul, which, despite many modernizations, will leave its unique atmosphere. In answer to the question: it is cheaper to build or renovate , specialists can help you.

Do you want to create a safe and comfortable place for yourself and your family for years? If you are not a renovation and construction specialist, bet on new construction. This way you will avoid many unpleasantness related to reconstruction or renovation, which can be expensive. In addition, you will personalize the property to the individual needs and expectations of household members or guests. It is almost impossible to determine the cost and time required for renovation or construction. It all depends on the investor’s choices.

If he wants to use prefabricated elements and a small project, a new house can be built in 2 months. In the case of brick construction, the construction time can be extended up to several years. It is similar with the renovation of old houses . There are bargains on the market that require a quick refreshment, which can be brought to a satisfactory condition with a budget of several thousand zlotys. However, there are situations in which a seemingly good opportunity will require demolition or general reconstruction.

So what to do? Contact specialists who will answer your questions and help you find a solution, e.g. experts from Tadeks! An energy-efficient house, a passive house means beautiful, modern construction and saves money!