Renovation Vs. New Construction: Debunking Four Common Myths

 

Bob France

Given the rapid technological changes in the construction industry and the growing list of codes and compliance regulations, the age-old question of renovation versus new construction has become increasingly relevant. But which option is the best choice for your property? On a tight budget, are renovations always the more cost-effective, better option? Is new construction far more expensive than rehabbing an existing space? Before making this important choice, we’re here to debunk four myths regarding renovations and new construction.