Do you feel like renovating your existing home or building a fresh one?
- Toshiva Jain
- May 20, 2023
- 2 min read
Updated: Dec 19, 2025
There’s a lot of confusion regarding whether you should renovate your existing home or go for custom home building, it afresh. Let’s simplify the benefits of the two so that it’d be easier for plot owners to decide.
Firstly, extensive repairs in a home, like redoing the plaster, shifting some walls, changing the plumbing/ electrical/ flooring, etc is expensive. Largely, except for the concrete structure, most of the things are redone by home construction contractors. Then there is the additional cost of dismantling. We believe these kinds of extensive repairs can cost up to 80% of the fresh home construction.
Secondly, once you go for a specific repair work, a new repair task also comes out, and so on and on. “The doors need repair” leads to “Oh, since we are getting the doors repaired, let’s get the windows done as well. Managing these renovations is not easy, as it is difficult to calculate the fixed price and fixed timeline for such work.
So, budgeting while renovating gets tricky. Once the renovation starts, you don’t know when it's going to finish. Unlike in fresh residential home construction, you know in advance what the final cost and timeline are going to be.
Thirdly, if you want to build an extra floor as well, then it would cost you even more than a fresh construction, as it adds the cost of additional repair to the existing structure. Hence, financially, we think it makes sense to demolish and do fresh construction through professional home builders.
Timewise also, these kinds of extensive repairs actually take anywhere between 8-12 months, though initially you might feel it can be done in 3-4 months. Quality-wise, also, any type of repair will have a life less than fresh construction.
However, for some plot owners, renovation can be more relevant. For instance, if they don’t want stilt, as stilt is mandatory for new home construction (in Delhi), or for emotional reasons. In such cases, it would be fair to go for renovation.
Plot owners need to wisely see their needs and expectations and, accordingly, go ahead.
Please schedule a meeting with us to know more about our custom home building services.
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Awesome blog! I really enjoyed the insights and knowledge you shared. The content was informative and easy to understand. Thanks for providing such valuable information!
Both options have their perks! Renovation is great for a quick upgrade, while building new gives you complete control over the design. Terminus Developers offers expert advice on making the right choice for your dream home.