Cost Comparison
New Construction
- Cost per sq ft: $150-$400+
- Timeline: 6-12 months
- Full customization
- Modern codes/efficiency
Major Renovation
- Cost per sq ft: $100-$300
- Timeline: 2-6 months
- Work with existing structure
- May uncover hidden issues
When to Choose
Build new when:
- Total reno would exceed 50% of rebuild cost
- Structure has major issues
- Want completely different layout
- Need to meet modern codes
- Love the location/neighborhood
- Historic character worth preserving
- Good bones, cosmetic updates needed
- Budget under $150/sq ft