Georgas Homes – Engineering office and construction services in Epidaurus Argolida

• By the editor

Renovation or new build? When restoration makes sense

Many owners wonder whether it is worth investing in the renovation of an old building or whether demolition and new construction is the better choice. The answer depends on the condition of the building, the legal framework and your own goals.

Through restoration projects and new builds we have delivered, we see every day the advantages of both options.

1. When restoration makes sense

Restoration is worthwhile when the load‑bearing structure is sound, the building has architectural value or is located in an area with restrictions. A well‑planned renovation can highlight the character of the building and increase its value.

2. Cost and time compared to a new build

A new build offers design freedom but usually comes with a higher initial cost and longer permitting times. Renovation can be faster, but often hides surprises that need to be managed.

3. Energy upgrading of older buildings

With targeted interventions (thermal insulation, new windows, modern heating and cooling systems) an old building can be significantly improved in terms of energy performance and everyday functionality.

4. Legal and planning restrictions

In some cases demolition is not allowed or requires strict approvals, so restoration is the only realistic option. With the right study, the result can be comparable to a new build.

5. How we decide on the best solution

With an initial site visit and a techno‑economic study we compare realistic scenarios: extensive renovation, partial restoration or new construction, so that your decision is based on solid data.

Before deciding whether to keep or demolish a building, it is worth “listening” to it – it often hides potential that is not obvious at first glance.

--- Georgas Homes team