Design & Build with Novus Properties Inc.


We understand how demanding and time-consuming investing in a house can be; therefore, Novus develops premium custom homes and renovations to suit your lifestyle, while simplifying and minimizing the traditional hurdles of new home construction.


 

Real Estate Assessment

Novus will assess and review a potential or current property with you to provide an opinion on the following points.

1. Structural Integrity: Assess the existing structure's condition to determine if it can withstand renovations without compromising safety or requiring extensive repairs. 

2. Cost Analysis: Compare the estimated costs of renovating the current property with the expenses involved in tearing it down and building anew, factoring in materials, labor, and potential hidden expenses.

3. Market Appeal: Consider the local real estate market trends and preferences to gauge whether a renovated property or a new build aligns better with current buyer demands and expectations.

4. Zoning and Regulations: Examine local zoning laws and building regulations to ensure compliance, as some areas may have restrictions that impact the feasibility of the desired renovations or new construction.

5. Future Value: Evaluate the potential return on investment by forecasting the future value of the property after renovations versus the value of a newly constructed home, taking into account market appreciation and long-term trends.