Cost for Demo & Rebuild

1/4/2020 at 5:54:13 PM

Don't like giving ballparks however since it's demo only I would assume it would cost approximately $20,000

It's always worth it if you like the area you live in. Especially with Calgary's economy and house market it makes more sense to keep it and build them to buy new in my opinion. Thank you Jeff with All-In Renovation 403-554-7029

1/5/2020 at 10:26:36 AM

Hi Jennifer,

It's tough for anyone to give a ball park without seeing the site / site layout for accessibly, and to determine any obstacles that may impede the rate of progress.

If there's asbestos tile, there could be asbestos content in the plaster, asbestos wrap on all ducting, asbestos fibres in the concrete floor / foundation (used to "strengthen" mixes at that time), and asbestos insulation in the attic. These variable will definitely affect the cost.

All of these area need to be checked / tested by the appropriate professionals.

Best of luck.....

1/5/2020 at 8:42:09 PM

Jennifer,

I see no reason for tearing down the home and rebuilding.

You can get a nice addition and a complete main floor redo for around $400k.

A new home is going for about $300 per sq. ft.

The asbestos is not a major issue, so long as no one cuts into it and breathes the dust.

Suggest you find a decent design/build renovator to talk about practical solutions.

Best,

Andrew

1/15/2020 at 10:58:35 AM

Any major reno or demo require you to produce an asbestos report as part of your permit application. If there is any asbestos in the property it must be removed for demo or reno. This is an OH&S requirement. If the only area that contains asbestos is the flooring you stated, it is not major abatement process and can be completed quite affordably.