You might think a renovation project is just what your home needs. However, not all Pennsylvania renovation projects are all that they are cracked up to be. Sometimes they turn into money pits, reveal new problems, and by the end the homeowners involved may wish they had torn down the house and rebuilt it from the ground up. Forbes explains different factors that can make either renovation or rebuilding a home a more attractive option.
Your finances may influence your decision. At first glance, tearing down a home and rebuilding it might cost more money than a simple renovation. However, some homeowners do not know what they are getting into when they start a remodeling project. The moment a wall is knocked down, more problems may be revealed, like rot, poor structural support, or bad electrical wiring. The result is that your renovation suddenly costs much more and takes more time than a simple home reconstruction would have.