Home Building Podcast
One of the most common and costly mistakes people make is going too far down one path before realising it was the wrong one. In this solo episode, Behan breaks down the four main options available to Perth homeowners: buying established, renovating, extending, and knockdown rebuild. He cuts through the noise with real costs, honest advice, and a simple rule of thumb that could save you tens of thousands before you spend a cent on a designer. What you'll learn: * The difference between renovating, extending, and a knockdown rebuild clearly defined * When buying established is actually the smartest move (and when it isn't) * Real renovation costs: kitchens, bathrooms, painting, wall removals what to budget * Why the thing that frustrates you about a house today will frustrate you a lot more in five years * When extending makes sense and when it's throwing good money after bad * Why extending costs more per square metre than building new, and how to get better value if you do extend * The 50–60% rule: the tipping point where demolishing and rebuilding wins * The Mr. Squiggle analogy why working around an existing structure is so much harder than a blank canvas * Why a builder who only does new homes will tell you to knock down, and a renovator will tell you to extend and why you need independent advice instead * How IBA's free quiz helps you figure out the right path in about 10 minutes * Why demolition costs roughly $23,000 and why that's often cheaper than you think What you’ll learn: 01:20 - Who this episode is for: owner occupiers, not investors 01:48 - The dream scenario: buying established and doing nothing 02:41 - Buying established with minor work: real renovation costs 03:49 - Kitchen & bathroom costs: what to realistically budget 04:29 - When buying established is the right move 05:11 - The lifestyle triggers that push people to move: kids, teenagers, downsizing 05:51 - When should you extend instead of buy? 07:14 - Extending: when it makes financial sense 07:48 - Preserving older homes - California bungalows and good bones 08:34 - Why extending costs more per square metre than building new 09:17 - Living in the home during an extension - tips to manage it 10:10 - The 50–60% rule: when to stop extending and start again 10:51 - Block position, house placement & what to look out for 11:14 - Don't spend $20K on design before getting independent advice 11:38 - Why biased advice from builders and renovators costs you 12:07 - Knockdown & rebuild: demolition costs and what you gain 14:02 - Sloping blocks: when extending wins over knockdown 14:15 - IBA's free obligation-free advice come out and chat 14:32 - Final thoughts: get a feel for the market first, then decide Found the episode useful? Please follow & leave a comment. It really goes a long way to getting it to more people like you. Need design & building advice? Find out more on our IBA website www.independentbuildingadvice.com.au [https://www.independentbuildingadvice.com.au/] ACCESS HOMEOWNER DECISION CHECKLIST HERE (FREE SELF-ASSESSMENT) 👇🏽 https://independentbuildingadvice.com.au/build-decision-checklist/ [https://independentbuildingadvice.com.au/build-decision-checklist/] Get a clear understanding of what your best path forward is with our 4-min self assessment quiz. You’re building something extremely expensive that you want to love, why not get it right? Download our Homeowner Decision Checklist today 🏡 Want more home building episodes? Visit our YouTube or website https://independentbuildingadvice.com.au/home-building-podcast/ [https://independentbuildingadvice.com.au/home-building-podcast/] Follow us on socials: Instagram [https://www.instagram.com/independentbuildingadvice/] | Facebook [https://www.facebook.com/IBABehan] | YouTube [https://www.youtube.com/@independentbuildingadvice] Disclaimer: The information discussed in this episode is general in nature and does not take into account your personal circumstances, site conditions, budget, or local council requirements. Building, design, investment, and rental outcomes vary significantly depending on individual factors. We recommend seeking personalised professional advice before making decisions related to property, construction, or finance.
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