Why Investing in Commercial Demolition Is a Smart MoveApril 11, 2018 1:23 am Leave your thoughts
Developing a commercial property comes with a sunk cost. You’ll be spending money before you’ll be making money on it. If you’ve got a commercial lot or building, you’re going to want to consider whether to demolish and start over or remodel. While commercial demolition may be more expensive, it will also wipe the slate clean and could lead to larger profits later. A demolition company in Jeffersonville, IN can help walk you through what needs to be done and help you understand the cost.
Avoiding constant repairs
An older property will usually need to be repaired over and over again. There’s also the cost of keeping the building up to code. While it may seem much more expensive to demolish and start from scratch, over the long term, it may be much more beneficial. Over time, constant repair bills can easily outpace the cost of a demolition and rebuild. There’s also the business aspect—a run-down building won’t attract businesses or tenants like a brand new one. You’ll also be able to charge more if you wish to because of the modern amenities a new building brings with it.
Making better use of the space
If you’ve recently bought a commercial space, you may want to use it for something it wasn’t meant to be used for. Maybe you want to turn a restaurant into an apartment building, or vice versa. In these cases, demolition may be easier than remodeling. A demolition company in Jeffersonville, IN can help you get started as you turn your commercial property into what you imagine it can be.
Old time construction problems
It’s not just keeping an old building up to code that can be problematic. A remodel or just regular repairs can uncover asbestos. A lot of homes and commercial buildings built before 1980 used the material, as it had not yet been linked to lung disease. When asbestos is disturbed, it goes airborne. This means it can easily be breathed in and becomes a health hazard you’re responsible for. If you’re remodeling, it’ll cost a lot of extra cash to thoroughly remove and replace all the asbestos in the commercial building. It will likely be easier to contact a demolition company in Jefferson, IN that can safely and efficiently demolish the building.
Repair or start over
Dealing with repairs can become a massive financial drain for a commercial building owner, regardless of the size or age of the property. If you’re looking to invest in the future and improve your financial outlook, demolition may be the best choice. You’ll save money in the long run, and you’ll be able to attract new tenants while charging them more for a better location.
Estes Excavating Inc. has been in business since 1974. We are a premier excavating and demolition company in Jeffersonville, IN. We strive to bring you quality service at reasonable prices. If you’re thinking about demolition, give us a call. Our friendly staff can help answer any questions you have. We look forward to working with you soon!
Categorised in: Demolition Company
This post was written by Writer