5 Signs Your Building Should Be Demolished
Sometimes a property is not worth the cost of maintaining it. Whether a residential unit or a commercial property, it is important to know when to demolish a building that is full of expenses and only decreasing in value. The opportunity to build a new structure on the same property is a much better financial option than consistently having to repair an existing structure.
There are a number of factors to consider before deciding to demolish a building. Usually, a combination of physical and financial factors will exist to make demolition the best option. Many demolition decisions will not be obvious and should be made only after a thorough assessment period. During this assessment, it is important to know what signs to look out for. In the interest of saving you (or your business) time and money, here is a list of the 5 Signs Your Building Should Be Demolished:
1. The Foundation is Not Solid
The foundation of a property is the most integral element in long-term viability. A poor foundation will manifest itself through inconsistencies found throughout the structure of the building. The most obvious signs are uneven flooring and cracks in the exterior (or interior) brick. There is no short-term solution to a bad foundation. It is important to demolish your building if you have a poor foundation because the sheer weight of the building will only cause conditions to worsen over time.
2. The Building is Very Old
If your business is looking to expand into a property with a pre-existing structure on it, it is important to consider whether the building is too old to fix. A lot of old buildings might be more affordable to maintain in the short term, but over the long term, they usually represent financial sink holes. Older structures will have poor plumbing and ventilation infrastructure, not to mention issues with layout. Presuming your company wants to inhabit this property for a long time, the best option when dealing with an old building is demolition and reconstruction.
3. No Space for Additions
Buildings that offer no space for additions are bad investments. It is helpful to consult your local council for any building restrictions that apply to your property. This is especially true if you cannot add rooms or floors to a home that no longer suits your needs. In this instance, if you really like the location, it makes more sense to demolish the building and redesign it to your liking.
4. Mold or Vermin Infestation
Some buildings that have been left vacant for years develop serious mold or vermin infestations. Depending on the severity of the infestation, demolishing the structure makes more financial sense than remediation and reconstruction.
5. You Want to Sell the Lot
Perhaps you are looking to sell a piece of property with a house that is in poor condition. It is usually a good idea to demolish the building before putting the property up for sale. The bottom line is that your property is more marketable as a vacant lot.
GranCor Construction in Albuquerque - (505) 872-0005 can answer all your questions about building demolition services. We are equipped and have the experience to perform demolition on all sizes of structures.