The Knockdown and Rebuild Advantage

If you're currently living in a home, you love but it's no longer meeting your needs—whether it's a lack of space, outdated amenities, or simply the desire for a fresh start—a knockdown and rebuild could be the ideal solution. Why settle for a renovation when you could have a brand-new, custom-designed home tailored to your lifestyle and needs.

Maximise Your Existing Location

The location of your home is vital. If you’re in a neighbourhood that you love—close to work, schools, or family—why not rebuild where you already are? With land becoming more difficult to come by in Adelaide, moving to a new area might not be an option or could come with added costs and stress. A knockdown and rebuild allows you to stay in the location you love, without compromising on the home you’ve always dreamed of.

Whether you’re near your children’s school, your family, or your favourite café, staying in the right location is key to long-term happiness. Why endure the hassle of selling and relocating when you can have a brand-new custom-designed home exactly where you are?

Modernise your home design

Older homes can often come with costly maintenance and outdated designs. Why not start fresh with a modern, energy-efficient, and sustainable home that suits your lifestyle and taste? A knockdown and rebuild offers the chance to design a home that’s exactly what you want—without the limitations of working with an old structure. Incorporate the latest technology and energy efficient features, and design trends that make your home truly yours.

Working with your “current” structure and trying to band-aid a redesign, always to unexpected costs during the construction. Building from scratch lets you avoid all possible defects in your “old” foundations.

Customised to your needs

One of the best things about a knockdown and rebuild is the freedom to tailor your new home to your exact needs. At Stannard Family Homes, we specialise in custom-built homes, meaning you have full control over the design and layout of your new space. Need more living space, a bigger kitchen, or a dedicated home office? We’ll work closely with you to create a home that fits your lifestyle.

Increase the value of your property

Rebuilding can significantly increase the value of your property, especially in Adelaide’s current market. By knocking down your old home and replacing it with a modern, custom-built one, you’re not just upgrading your living space—you’re also making a smart financial investment. A newly constructed home on your existing land is more likely to appreciate in value, helping you build long-term equity.

Election and Interest Rates: Why now is the time to build. 

Interest rates are expected to drop in 2025, making this an ideal time to lock in a fixed-price contract before the rates fall. This allows you to secure lower borrowing costs, better loan terms, and more affordable repayments before demand increases and construction prices rise.

What does this mean for you?

• Lower borrowing costs: Reduced rates could make your mortgage repayments more manageable, giving you more room in your budget.
• Increased borrowing power: Lower rates may allow you to access additional funds, giving you the option to add more features or upgrades to your home.
• Better loan deals: As banks compete for borrowers, you could secure a more favourable loan agreement.

By acting now, you can take advantage of lower rates and better loan deals before prices rise due to increasing demand.

What Happens If You Wait?

Waiting to start your knockdown and rebuild project could cost you more in the long run. Here’s why:

• Rising construction costs: Building materials have been steadily increasing in price, with costs rising by over 20% between 2021 and 2024. Delaying your project could mean paying thousands more for the same build.
• Availability of builders: Quality builders like Stannard Family Homes often have months-long waiting lists. Delaying could mean competing for construction slots with other homeowners.
• Rising land prices: If you already own land, putting off your build won’t make it cheaper. In fact, land prices tend to hold steady or rise, especially in high-demand areas like Adelaide.

If you’re ready to get started on your custom home journey, don’t let myths hold you back.

The Right Time to Build Is When You’re Ready

While the election and fluctuating interest rates may make some homeowners second-guess their building plans, the best time to build is when you’re financially prepared and ready to take the plunge. Don’t wait for the "perfect" moment or for political shifts. Focus on what you can control: securing your finances, locking in today’s fixed-price contracts, and choosing a builder who can bring your vision to life.

At Stannard Family Homes, our HIA contracts are fixed price, with an allowance for structural steel and timber- we don't utilize the prime cost option that most other “catalogue' home builder's use.   

Let’s Build Your Dream Home

The best time to start building is now—before interest rates rise and construction costs increase. With a knockdown and rebuild from Stannard Family Homes, you can secure your dream home in the location you love. Reach out today for a consultation, and let’s get started on building your future!

Whether you’re ready to discuss your land, budget, or design, we’re here to guide you through the process with confidence.

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