In building a custom home, there are so many things one should keep in mind. You have to think about the design, the quality, and of course, the market value of your home once it has been built.
The neighborhood or lot where you have built your home on will have a big impact on what would be the value of your property. Most of the best neighborhoods were regarded as the ‘best’ because of their favorable location. These neighborhoods usually have easy access to good schools, various business establishments, have nearby transportation, and so on.
Unfortunately, since most of these neighborhoods are sought after, most of the time, it could be difficult to find a vacant lot. So, many people decide to take the next logical step – to buy an old property, have it demolished, and build a new home on the same lot.
If you also plan to demolish an old property to construct your very own home, there are a few important things you need to know:
First of all, you have to be financially prepared because tearing down an old house and building a new one will definitely be expensive as you have to pay for professional demolition services as well.
It’s not only the added demolition fees that you need to prepare for. Before you demolish an old property you also have to have it inspected for the presence of asbestos, lead, or other harmful substances that might be released in the air upon demolition. Materials such as asbestos need to be professionally removed to ensure safety for you and your soon-to-be neighbors.
There may be trees on the property that you will need to take down and you will need to contact a tree removal company as well as the city to make sure you are allowed to take down the tree as well as secure any necessary permits. A good tree removal company can help you with the permit process.
You have secure demolition permit and check for any other requirement you need to fulfill before or during the demolition. For example, in Vancouver and Delta, the local government may require you to reuse and recycle as much construction materials as possible from the demolished property.