There’s a lot to think about when you’re considering building a home on your lot that already has a house on it. Whether you live in the house or not, you need to rely on experienced custom home builders to guide you in the process of demolition. Besides the outright monetary costs of tearing down a structure and carrying the material off to a dump, there’s also the costs to the environment to consider. Feel good about your decision, potentially save money and use your resources wisely by calling Cayman Builders before you make a final decision.
The cost of house demolition varies widely, depending on a wide range of factors, including whether you plan on using the same company to build a new house on your lot. According to homeadvisor.com, the average price in the U.S. to demolish a home as of October 2020 was $18,000, but prices can range from as little as $3,000 to as much as $25,000. Cayman Builders evaluates each situation individually, but demolition pricing is usually based on square footage.
Prices per square foot can vary between $2 to $17 per square foot, but usually average between $4 and $15. Rural areas tend to be much cheaper than densely populated urban areas, partly because there are fewer codes and regulations to follow. If the demolition includes the foundation, this can add significantly to the price, no matter where the tear-down occurs.
With the team of experienced professionals at Cayman Builders, you have an ally to work with. Rely on them to find you the best price and highest value when you need to demolish a structure before rebuilding. Besides the square footage and location, a demolition team needs to consider other factors, as well.
Given the nature of a demolition project, each one has to be approached as a unique endeavor. Details that typically raise your demolition costs include considerations such as:
Many homeowners struggle with the decision of whether to demolish and rebuild or renovate what they have. If you’re unsure, the expert team at Cayman Builders can help you decide. But there are still some simple questions you can ask yourself to help you decide which course is best for your personal situation. These include:
Some owners of older homes have difficulty getting homeowners insurance, since structural issues can frighten insurance agents. Other reasons customers cite for preferring demolition over renovation include: