Most Australian homeowners strive to increase the value of their largest asset and gain more equity in their home.

In recent years, land prices have increased considerably and made it more attractive to stay put and enhance your home in your existing location rather than find another home or new block of land.

If your home is aging and you are looking to increase its value, there are two options: you can either undertake an extensive renovation or knock down and rebuild on your existing site.

Some people find it overwhelming searching for a home in a reputable neighbourhood. It can be stressful trying to find a home for the right price and competing with our homebuyers. Often it is more feasible to keep your current neighbours and rebuild on your site. Consider the resale value and what’s going to get you more bang for your buck.

Demolition needs to be arranged by the owner and this process can take up to four weeks to complete.

While demolition takes place, Montgomery Homes will obtain the construction certificate and prepare the final documents for your new home build.

Make sure to find a licensed and insured demolition contractor to facilitate the demolition of your current house and to remove all the relevant materials, debris, trees, and roots.

If required, we can suggest demolition companies in Newcastle, Hunter, Central Coast, and Sydney regions.

There’s a lot involved in preparing the site for a knock down rebuild. Therefore, it’s important to consult a new home builder before demolition commences. Once you have researched and engaged a demolition company to knock down your house, there are several items required to get the site ready, such as the removal of building materials, trees and roots, existing pools, and capping off the sewer.

For more information, ask us about our knock down rebuild fact sheet.

On average, a major renovation is more than double the cost of a knock down rebuild per square metre.

The cost to have your house demolished can differ depending on the size of the house, volume of material, if asbestos needs to be removed, and if there are any established trees or pools on the property.

On average, the cost to demolish your house can range between $20,000 - $30,000.

The knock down rebuild cost for your new home will vary depending on the type of home you build, the size of your home, whether it’s a split level home, and any additional upgrades you choose. At Montgomery Homes, we provide a free tender quote so you will know all knock down rebuild costs upfront before making a decision or placing a deposit.

Clients who have completed a knock down and rebuild with Montgomery Homes have said it was the best decision they have made financially. Ask us about putting you in touch with recent knock down rebuild clients to  hear their experience first-hand.

If you’re considering making structural changes to an existing property, costs can vary considerably. A major renovation can end up costing more than double per square metre when compared to a knock down rebuild. Renovations run the risk of over-capitalising and going over your budget.

If you choose a knock down and rebuild project with Montgomery Homes, on the other hand, you will be given a detailed and transparent price at the very beginning to avoid unpleasant costs and surprises along the way. This means you can spend less time wondering how much everything is going to cost and more time daydreaming about the fun processes, like selecting colours and designing your new home decor.

At Montgomery Homes we understand that building a new home is an exciting life milestone, and we build every home as if it were our own — ensuring quality from the inside out.

The timeframe for building a new home varies according to a number of factors including, but not limited to— the home design selected (single-storey vs double-storey or split-level), the individual specifications of the block of land (including site accessibility and condition), and external approvals (such as local council and BASIX).

Behind every Montgomery Homes build is a team who are passionate about seeing your dream home come to life. Please get in touch with our team to enquire about the build timeline for your new home.

Montgomery Homes will be there to guide you through the entire process, taking the stress out of the project.

Here is a summary of the knock down and rebuild process:

• Our construction team will visit your existing property to conduct a free site inspection  and recommend the most suitable house design.
• Advise Montgomery Homes if you are lodging a separate DA for the demolition or if you would like to include it with our DA (a separate DA will quicken the process).
• Receive a detailed Tender with all of your selected inclusions. 
• Select your internal and external colours and finishes with our interior design consultant.
• Start organising quotes for demolition of your current home.
• Once your DA is approved, schedule the demolition.
• Demolition can take up to four weeks to complete. In this time, we will obtain the construction certificate for your new home and prepare the final documents.
• Approve your final tender and sign contracts.
• Commence construction.
• Move in!

While some builders limit you to certain home designs and parameters, we provide you the freedom to build the kind of house that dreams are made of — providing a broad range of flexible, architectural home designs to suit your block no matter its size, angle, or orientation.