Knockdown Rebuild, Subdivide
Learn more about Knockdown, Rebuild and Subdividing your Property
Knockdown and Rebuild (KDR)
KDR allows you to get the home you want on the land you love, without the hassle and expense of renovating or moving.
Subdivide
Many homeowners in urban areas are now sitting on sections that are suitable for subdividing.
What is Knockdown Rebuild?
KDR is exactly as it sounds - knocking down (or removing from site) your existing home and building a brand new home/s in place.
As time goes by, your family's needs will inevitably change, and that includes the home you live in. You might find that you need more space for growing children, guests, or entertaining, while empty nesters may realize that their large family home is no longer necessary or too much to maintain.
Traditionally, people would either renovate their home, which can be costly and inconvenient, or sell and buy a more suitable property.
However, more and more Kiwi families are now considering Knockdown and Rebuild (KDR) as a smart alternative. KDR allows you to get the home you want in the location you love, without the hassle and expense of renovating or moving. If you're looking for a more suitable home for your future lifestyle, why not consider KDR?
Why consider KDR?
You are in a familiar area, one that you love, with great views, amenities, schools and other services that you and your family are used to and moving away to find a more suitable home is outweighed by the benefits of staying put.
Building a new home to suit your needs at your current location could be just your answer.
Have you checked your property's Government Valuation lately? It's common for the land value to increase over time while the value of the dwelling remains the same.
If you've been in your property for a while and have been paying off your mortgage, you may have significant equity in your property. It's possible that your house is now sitting on a valuable piece of dirt.
If you have a sizable backyard but no longer have use for it, maintaining it can be a hassle. However, you can make the most of your land by demolishing and subdividing it to create multiple new homes.
This can provide a low-maintenance lifestyle and even generate income through investments or the ability to sell the property.
Renovating existing houses can be costly, and combining new with old elements may not always blend well. Achieving a cohesive look that meets your requirements can be challenging. Additionally, the new parts of your home may be modern, dry and healthy, while the original structures may have aged.
Opting for a KDR (Knock Down and Rebuild) approach may enable you to obtain the exact home design you desire at a comparable or even lower cost than a major renovation.
Benefits of subdividing
Do you have a large section that you are tired of maintaining? Subdividing your land can be a great option potentially offering financial benefits.
This is the most commonly known way to subdivide. This is a simple action which allows you to turn a section into two lots, with one house behind the other. The rear house will require a driveway access beside the front house.
This development is fast becoming a popular way to develop and maintain road frontage to each home. Do you have a large site that can be split into two sites? Duplex building is a great option to consider and can be quite affordable and bring great returns. Most people can even pay off their entire mortgage!
Jennian is experienced in building terraced developments and great for those with a larger block. If you have a larger block, and zoning is favourable, investing in multi unit development could be very rewarding.
With a side by side development each of your homes are separate whilst still maintaining visual street presence against each other. Because they work so well together, it makes them both attractive to buyers. Side by side developments can still be narrow sites. Jennian can show you how to make the best out of even the narrowest of sites.
Perhaps you own a farm block and wish to subdivide either one section off or multiple sections. Or perhaps you want to slice of a corner for your kids to build a home.
Contact your local Jennian team for a Free Site Visit
Whether you want to upgrade your existing home to a healthier home or subdivide your land, Jennian Homes is here to guide you through the entire process.
Developing on your own land has many benefits, such as increasing your property's value, earning income from an additional dwelling, or just achieving your dream home without relocating.
Your first step is to understand what is possible on your section. Contact us for a complimentary site assessment without any obligation. This assessment can help you determine the potential of your site