Demolition or Renovation?
The decision between demolition and renovation is one of the most important questions in real estate projects. Both options have advantages and disadvantages that must be carefully weighed.
When Does Demolition Make Sense?
Demolition is often more economical when renovation costs exceed 75% of new construction costs, severe hazardous material contamination exists, or fundamental structural defects are present.
When Does Renovation Make Sense?
Renovation is sensible when the building is heritage-protected, the building substance is fundamentally sound, or renovation costs are clearly below new construction costs.
Our Recommendation
Before making a decision, have the building assessed by an expert and obtain quotes for both options. Lula Bau GmbH is happy to provide a demolition quote and assist you in your decision.