Should Old real estate properties or building be demolished to erect modern structures??

[Kayzzy3]

Buildings and house designs are dynamic as architects and engineers are always working churning out beautiful designs and building plans to suite ever present needs in houses and building structures.

Should real estate investor consider demolishing very old structure like from the 60s and 70s to construct modern designed structures??

 

[Abibatabosede]

It isn't a bad idea to demolishe old erection and construct new beautiful ones that serve the purpose of housing in the new era but I can also tell that there are lots of beautiful buildings too in the past which far more beautiful than the new designs of the modern world, these set of structures can only be pulled down due to their weakness.

 

[Alexandoy]

Our ancestral house was built in 1962. It was sold in 2010. The buyer was evaluating if they can refurbish the house because they liked the design of split-level. However, the engineer said that old houses have old architecture that it is better to demolish the old house and build a new one. That was what happened and I agree to that. At least the new house is all-new with the modern foundation and design.

 

[Ojonuyo]

Hmmmm, interesting!
I do not buy the idea of demolishing building as it has negative effect attached to it. Imagine the money spent in building that structure and then it is destroyed in a day. If the building is still much strong, I think restructuring of it inner and outer structure should be the best option to take.

Although there are exception to the above. And that exception has to do building structure that a dilapidated and beyond repair. Like you have said, building from the 60s and 70s, that is a long way back, and such building need to be built all over again.

If not destroyed and build over again, it might not last and it will be exposed to other havoc when the building is use for any activities.

 

[WhiteHouse]

Presently legislatures of certain nations consider to save its old, noteworthy structures and supplant them with current ones. We should discover preferences and inconveniences of this choice to offer our input. So how about we look on certain models. Rome, Prague, Gruyere, Vienne and a great deal of European old urban areas are quite possibly the most visited places. So individuals going in this urban communities will see and without a doubt will adore the way of life and the historical backdrop of that nation. They will be stunned how individuals at that hundreds of years could constructed things like Cathedrals, Palaces. Everybody comprehends that numerous sightseers appears to be a lot of cash. So it will likewise build up the prudent piece of the nation.

 

[btaliat]

The cost of building from the scratch is always huge compare to the amount to renovate. If the damage on the old building is not that much, renovating to taste maybe better than demolishing before reconstruction.

 

[maventiger]

If the old structure foundation has defect and or could not carry the new structure it should be demolished to erect new structure.
More so, erecting new building or renovating old houses in such a way that the old building looks modern by over loading the foundation is not good .

 

[giddy]

It all depends on the state of that particular building,
If a historic building is a fire hazard, contains asbestos, or is causing other issues, then removing it is in the public’s best interest.

In a situation like this, obtaining approval from the city for its demolition shouldn’t be too challenging.

Removing a property that is dangerous or otherwise tough to look at can actually increase the value of the properties around it.

After all, no one wants to live next door to a building that is dangerous or tough to look at.

 

[Sotherefore]

Yes obviously as a real estate investors you must know that buying an estate involve demolishing the old buildings and building the modern structures that is why for people to buy an estate it actually will require a huge amount of money because there are a lot of things you must do you must design that house in a way that is modernize, there are a lot of things that I can't even mention, engineers will tell you all,

 

[Ralphjoe]

Normally an old house should rather be demolished while the new one should be erected because if one is considering refurbishing an old house, it may not be able to take the same weight as the new structures being built these days.
If an owner of an old house wants to retain his old house, then it makes sense that he should just do some little touch on the house like repainting, leaving the house structures in place, this is one reason I love England, Most of the structures are left to preserve history and culture of the british people.

 

[Kamon c4]

Buildings have life durations. Most buildings are designed to work effectively under different loads for a minimum of 25years and maximum of 100years. Old buildings older than 100 years should be demolished, it’s consider unsafe for use. Its structural elements would’ve become weak and will definately pose threats to the user

 

[Donkiz]

If the old structure has become obsolete, or the design is no longer desirable and it cannot be renovated or redesigned without pulling it down, then it's only advisable that the structure is demolished and a new building erected in its place.

 

[Sincerem]

You can do that if you wishes, that's a good idea. Old and outdated real estate buildings need total rebranding and revamping. So you can demolish them, if you wish, renovate it to look brand new and attract buyers and tenants to it. If you ain't using it for business at least it will look brand new on the looking, and suitable apartment for personal occupance.

 

[Doradorwa]

Well the world is evoluting so therefore we must evolute therein with it.... Even tho some old represent our culture and heritage they have to go for new structures to come in and the future to show.

Post automatically merged: Dec 31, 2020

Well the world is evoluting so therefore we must evolute therein with it.... Even tho some old represent our culture and heritage they have to go for new structures to come in and the future to show.

 

[Sariana23]

I think it depends on the place where the house is located and the conditions. In many cases, old homes are a heirloom for buyers, who are willing to pay more than what they ask for, since they value the architecture and the years of a home. Now, if it is a common home in the sector, demolusion and renovation may be necessary.

 

[gammarays]

It depends on your individual taste and the amount of money you have. In some populated locations, it's difficult to buy virgin lands so you have to buy both land and building. You can choose to tear the old one down and start a new one if you have the money or renovate it to your taste if you're low on budget.

 

[Kaindio Agnes Wanja]

It is not a good idea to demolish a old building to erect a new one with current design .
It is good if you have capital to just build a new house with the design you need but leave the old one.
Instead of demolishing it you can decide to just renovate it and it continues to serve the clients

 

[Seun4luv]

Yes the old buildings should be demolished because most of the old buildings are weak and expire and lot it original value that's why you need to demolish the old buildings and erect new construction buildings.

 

[Richard92]

Yes! It is advisable to demolish old structures and erect modern structures, that will help the real estate investors make more profit, it is also a business strategy for a real estate personnel to buy old buildings at low rate, demolish and build modern structures to sell at a higher rate.

 

[Keibah]

Some people like to preserve the historic state of things. I think ultimately, it is a choice thing. Sometimes the original structure is too beautiful or delicate to mess with. They just refurbish it. Other times, a state of the finer art is more appealing to the eye.