Renovation quality and cost analysis boost building value
Detailed finishing work and material choices are crucial for a property's perceived quality and long‑term value. Elements such as plinths, high‑quality stone flooring and durable, low‑maintenance materials improve comfort, reduce future upkeep, and create a stronger first impression for buyers or tenants.
A recent scenario study examined a 2,000 m² office building, comparing an extensive renovation that meets new‑build standards and targets a 30‑year lifespan with the option of demolition and new construction. The analysis evaluated construction costs, sustainability impacts, and quality outcomes in the early design phase to guide a data‑driven decision between refurbishing and rebuilding.
Both pieces highlight that investing in superior finishes and conducting thorough cost‑sustainability assessments can enhance asset value and help owners choose the most efficient path for modernising existing structures.