As the debate between renovating older properties and purchasing new builds intensifies across the UK, G Johns & Sons, a specialist in architectural ironmongery, highlights the importance of selecting the right hardware to inject character and personality into any home.
Buying a new house is a pivotal moment. The average cost of a home in the UK is £289,000, rising to a staggering £700,000 in London. So, the financial decision between purchasing a new build or renovating an older home is even more critical. Whichever option you decide, fixtures and fittings like ironmongery can be vital to creating a homely living space.
While new builds offer the convenience of modern features and low maintenance, many question whether they are built to the same quality as older homes, especially those from the 19th or early 20th century.
The trend of transforming 1970s homes has drawn criticism in recent years. Many renovations have resulted in what some have called ‘characterless’ spaces, often featuring grey windows and white fronts devoid of the original character. At the same time, new builds, while modern and efficient, can sometimes lack the individuality that makes a house feel like a home.
For those looking to renovate older properties, look for ‘period-appropriate’ ironmongery that preserves architectural features while upgrading the home’s functionality.
Is It Cheaper to Renovate or Buy New?
An older home might be purchased for under £250,000, but take into consideration a renovation budget to get a true idea of overall costs. The cost of a renovation can vary dramatically depending on the scope of the project and the location. Depending on materials and finishes, renovating a kitchen or bathroom in an older property can cost between £10,000 and £15,000 per room.
Buying a new build property can come with fewer initial renovation costs, but purchase prices can often be higher. In London, new builds can easily exceed £500,000 for a modest home, while for the rest of the UK, new builds typically start at around £300,000 upwards.
How Long Can a Renovation Typically Take?
The time it takes to renovate an older property also influences the decision. It’s difficult to put an exact timeline together, but it can take anywhere between 6 and 12 months, depending on the work that needs to be completed. On the other hand, buying a new building allows homeowners to move in almost immediately.
Long Term Investment
Both new builds and renovated homes have advantages. New builds are generally more energy-efficient, which can lead to savings on utility bills. However, renovating an older home can often increase its resale value by 30%, especially when original features are maintained with high-quality fittings like featuring aged letter box plates or glass door knobs to reflect the home’s history.
Team Renovate
• Older homes often come with unique character and historical architectural details that are difficult to replicate in new builds. Renovations can enhance these features while maintaining the property’s history.
• Renovation projects offer more flexibility to customise and adapt the space to your needs and tastes, whether that involves restoring period features or adding modern twists.
• Renovating an older property can be a more sustainable option, as it reduces the need for new materials and uses the existing structure.
• Carefully selecting, restoring, or replacing ironmongery, such as original door handles, letter plates, and door knockers, allows homeowners to preserve the craftsmanship often lacking in modern builds.
Team New Build
On the other hand, new-build homeowners can add a personal touch by selecting from a curated selection of bespoke hardware that transforms standard spaces into uniquely styled homes.
• New builds are equipped with the latest technology, energy-efficient systems, and contemporary designs, which are often more suited to today’s lifestyle.
• New properties require less upkeep than older homes, offering a “move-in ready” experience with minimal immediate need for repairs or renovations.
• They offer a personalisable blank canvas that allows homeowners to choose finishes, fixtures and fittings that align with their vision, including modern or traditional ironmongery styles.
• New builds are often constructed to meet the latest building standards and regulations, potentially offering better long-term value with fewer unexpected costs.
Ways to Use Ironmongery to Make a House a Home
New Builds – Choose ironmongery that adds a touch of personality and warmth to a newly built home. Vintage-style door handles or bespoke cabinet hardware can inject character into a modern space. High-quality, aesthetically pleasing door fittings and window latches can elevate the overall feel of the property, making it feel more personalised and less like a ‘factory house’.
Older Homes – Restore or replace ironmongery, keeping in with the property’s character for the period it was built. Select historically appropriate door handles, window fittings, and locks that can maintain the home’s authenticity while also improving functionality. Sliding doors with antique-inspired hardware or reintroducing original brass fittings can create continuity between old and new elements.
Whether you’re renovating an older property or purchasing a new build, ironmongery is a great way to create a home that truly reflects your style and personality. It makes your rooms functional and aesthetically pleasing, ensuring that every home, old or new, is infused with character and warmth.
Via @PropertyWire