If the idea of a knockdown rebuild has been on your mind lately, apart from the exciting part of choosing your new dream home, here are some additional build costs to consider when working out your budget.
Demolition costs vary according to the size of your old house, street access, the foundations of your old home, any asbestos removal or established trees to navigate. As a rough guide you should be looking between 15-30k for demolition and site level.
Source: Bentley Homes
Tree Removal may be required for a new home if your new plan isn't the same footprint or trees have grown at the front of your property. Council permits may be required also.
ADDITIONAL BUILD COSTS
If you're building a new home within a flood or bushfire zone there may be additional build costs for the construction of your new build to consider.
Source: Omnia Homes
ADDITIONAL SITE COSTS
Your soil classification and the slope of your block will determine what foundations are required for your new home. A soil test, site survey and property report will help establish exactly what is required and any extra costs.
An experienced knockdown rebuild builder will be able to guide you through the pre-build process providing you with accurate costs for each stage so you have no surprises when you start your build.