So – you’ve spent a great deal of time thinking about your current home, and have come to the realisation that you just can’t see yourself living in it anymore. Trouble is, you’ve established a great social network where you are. The children are happy at school, you’ve got fabulous neighbours. Everything you need is right where you like it, and you just feel settled. That means moving is out of the question. Then again, extending or renovating looks like it’s going to be extremely expensive for little reward.
What do you do? Time to consider parting ways with your old home and starting again from scratch with a demolition + build. This is a fantastic option if you love where you live, but not your home. It’s also ideal when purchasing a new property for the land, not the home itself. Some people underrate this option due to the perceived potential barriers like sorting out council requirements.
The good news is, if you make sure you’re informed and prepared right from the outset, a demolition + build is an exciting journey to take. To help you better understand the process, here is the Webb & Brown-Neaves step-by-step Guide to Demolition + Build.
Step 1. Get Finance Pre-approval
Our broking partners at Resolve Finance say recommend thatwhether you’re knocking down your old home, or buying a new property to demolish, it’s a good idea to get finance pre-approval in place so you know exactly how much you can borrow and what you can spend on your new home. If you are vacating the home to be demolished and plan on renting throughout your build, be sure to factor in the cost of renting into your budget. Plan your rent from the vacation date until the end of your projected build time, plus a little longer to account for unforeseen delays. This should be one of the key components of your budget, in addition to demolition, site-works and the cost of the home itself.
A reputable mortgage broker can help you with your finance. If you already have a mortgage, your broker will help you refinance so everything is combined into one loan, or simply set up a brand new loan. Financing a demolish + build project does slightly differ from a typical build because of the differing payment structure. We recommend you speak to a construction finance specialist like Resolve Finance to help you find the best option for you.
Step 2. Choose Your Builder
We recommend you choose your builder before you demolish + build. By being involved early in the process, your builder can: n Help you plan and prepare for demolishing your existing block n Identify any potential challenges or opportunities (e.g. power-poles blocking the way or council timeframes) n Use what they learn to design and plan your new home. There are many builders out there, but only the best have the experience and skills to help you navigate the demolition + build process. If you choose to build your home with Webb & Brown-Neaves, we can guide you through the entire experience, from finance to demolition and handover.
Step 3. Visit the Site
Now that you’ve selected the builder you trust to construct your dream home, it’s time to take a joint trip to the home site that you want to demolish. If you want to keep any of the property’s existing features (such as an established tree) your builder will be able to advise whether or not it is possible.
Step 4. Choose your Home
Once you have pre-approval in place, have selected your builder, and have worked out the limitations of your block and remaining features, you can move onto designing your dream home with confidence that it’s within your budget. The Webb & Brown-Neaves' Building & Design Consultants will help you choose or design a home perfectly suited to your block requirements.
Step 5. Get a Quote for the Demolition & Build
Now that your builder understands everything involved in demolishing your existing home, as well as the new home design you want to build in its place, they can move onto quoting the job. As a ballpark figure, a standard home demolition costs around $20,000. This may seem expensive, but if you compare this to the stamp duty you would pay on selling and purchasing a new home, it is often a more cost effective option.
Step 6. Apply for Shire and Planning Approval
Once you have accepted the demolition quote, your builder will help you to meet the planning and development requirements. The application to build your new home and demolish the old one will be submitted at the same time. It usually takes between eight and 10 weeks to get approval (depending on the local council). If you are currently living on the site you want to demolish, you will have to vacate the property before your demolition company or builder submits the council application. Make sure you account for the time it will take to move all your belongings – the sooner you vacate, the sooner you can lodge your council application and get the process underway. Once you have vacated the property, all your services will be cut off and pest control will be carried out. During this time, your broker will also apply to get your loan formally approved to proceed.
Step 7. Prepare for Demolition
If all goes to plan and your council approves your application, they will issue a demolition licence – a document that is legally required to demolish a home. With the green light given, you can start preparing your existing home for demolition. A stripping crew will need to be scheduled to remove asbestos and any other items to be salvaged. At this point, you should consider any items with sentimental value that you’d like to keep, such as floorboards, doors and windows. From there, you’ll meet with your demolition company or builder to review the next step.
Step 8. Demolish the Existing Home
Time to make your goodbye official! A machine is scheduled to demolish what’s left on the block. Once on site, demolition is generally completed in three to four days, depending on the size of the project. Throughout the demolition and while your new home is being built, your lender will make progress payments to your builder when they’re due. Your broker will ensure that these payments are made on time to avoid any delays during the construction process. As with most building loans, your payments will be interest only during the construction phase, and they’ll convert to principal and interest payments when your home is completed.
Step 9. Build your New Home
With your site cleared, we’re now ready to bring your new home vision to life. As your home takes shape, you will receive a fortnightly phone call from your dedicated Site Manager, to keep you updated on how things are progressing and to answer any questions you may have. Congratulations - your demo + build is complete. You can now savour all the rich benefits that come from owning a beautiful new Webb & Brown-Neaves home, while remaining in the company of the people and places you love most.
Take Advantage of Our End-to-End Building Experience
We make your decision to demolish your existing home an assured one by demystifying the process and taking care of everything for you. Simply leave it all to our experts who have performed countless demolish + builds over the years. Our reputation and financial stability offers you the ultimate peace-of-mind – so feel free to dream big. With pre-approval in place, we invite you to be inspired by the unique features of our display homes throughout Perth. Once you’ve found your dream design, simply kick back and relax as the journey to the realisation of your vision unfolds seamlessly before you - from start to finish. If you want to learn more about demolishing + building, contact one of our Building & Design Consultants, who can help you take the next steps.
Need More Information?
Hear from a real client who underwent the Demolish & Build process plus the experts discus what's involved. Watch the video here.
We'd love to have the opportunity to answer any further questions you may have. You can get in touch with a Webb & Brown-Neaves' Building & Design Consultant by visiting a WB Display Home or simply call 6365 4060 or click here to get in touch.
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