Unlocking Value: Refurbishment and Extension vs New Build
It’s not for everyone but the refurbishment and extension of a property most certainly has a multitude of benefits!
When it comes to updating and enhancing your property, there are compelling reasons to consider refurbishing or extending, rather than embarking on a new build. Not only are there potential financial benefits but renovating and extending can offer significant environmental advantages.
Let’s explore some of the benefits:
Reduced Carbon Footprint: The building industry is responsible for a staggering 39% of global carbon emissions. Operational emissions (from energy used to heat, cool, and light buildings) contribute significantly. However, constructing a new building exacts a heavy upfront toll in terms of embodied carbon emissions—associated with raw materials extraction, transport, and construction.
Resource Efficiency: Refurbishment minimises waste and landfill disposal. It promotes greater reuse of materials, reduces the need for new builds on flood plains, and preserves existing infrastructure.
Preserving Character: Refurbishing allows you to retain the unique character and history of your property. Whether it’s restoring period features or modernizing an older property, you can retain its charm while adding contemporary comforts.
Cost-Effectiveness: Renovating or extending is often more budget-friendly than starting from scratch. You can save on the complexities of building a completely new structure.
Increased Property Value: A well-executed refurbishment or extension can significantly boost your property’s value. It’s an investment that pays off both now and in the long term.
Community: Choosing refurbishment over new build supports local economic development, retains community infrastructure, and contributes to neighbourhood renewal.
So, whether you’re preserving the past or embracing the future, let’s champion sustainable choices together, choose wisely!
Featured Property - Balgowlah House 02
Client - Simon & Catherine Tebbutt
Designed by - Cradle Design
Constructed & Interior Design by - Sunday Homes
Photographed by - Simon Whitbread
