038 - Part 1. Build, Renovate or Relocate. Your Decision Making Framework

30/10/2025 19 min

Listen "038 - Part 1. Build, Renovate or Relocate. Your Decision Making Framework"

Episode Synopsis

Brandon Smith breaks down the brutally honest choice many Lower Mainland homeowners face: renovate or build new. Drawing on 15+ years in the field with New Vision Projects, he explains when a reno is smart, when a rebuild wins, and how to avoid expensive half-measures. This is Part 1 of a two-part series designed to help you make a clear, confident, financially sound decision.🎯 What You'll Learn:How to define the real problem (layout, function, lifestyle, or location) before spending a dollarWays to tell if your home’s “bones” justify a renovation vs. a teardownHow to set a tight scope so small renos don’t snowball into six figuresThe cost realities: when $400–$700/sq ft renos lose to $500–$800/sq ft new buildsHow to avoid “half measures” that look new but still live oldWhy building new can deliver better energy efficiency, lower maintenance, and higher long-term valueHow to manage disruption (living through renos vs. temporary housing) without losing your sanityA simple decision lens to choose the path that fits your next 10 years, not just your next 10 months🔑 Key Topics Covered:✅ Renovation fit: lot value, structure, and scope✅ Hidden conditions: electrical, moisture, structural sag✅ Pre-construction planning & feasibility✅ New-build advantages: control, efficiency, longevity✅ Vancouver/Lower Mainland market realities✅ Budget ranges & value per dollar✅ Risk management & lifestyle trade-offs👤 Featured Guest:Brandon Smith – Host | New Vision Projects🎙️ About The Open Concept:Your go-to podcast for construction industry insights, trade business strategies, and leadership advice that actually works.📱 Connect With Us:🔔 Subscribe for weekly episodes👍 Like if this helped you💬 Comment your biggest takeaway🔄 Share with someone who needs this

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