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Cost vs. Benefit: The Financial Logic Behind House Raising in Brisbane

As Brisbane homeowners, we often find ourselves at a crossroads when it comes to making significant decisions about our properties when it comes to considering our storm laden climater and weather conditions. One such decision that has gained prominence more recently, especially in flood-prone areas on the South and Northside, is house raising. While it might initially seem like a substantial investment, a closer look reveals a compelling cost-benefit equation that goes beyond just numbers.

Is House Raising Worth the Investment?

It's no secret that investing in house raising requires a certain upfront cost. There's the plans, engineering, surveying, materials like steel, raise component and additional build under or extension work to consider. However, consider it an investment in safeguarding your property against the unpredictable nature of floods, which we have more recently in Feb of 2022 and back in 2011. Brisbane, known for its heavy rainfall and flood-prone areas, is susceptible to water damage that can lead to rather exorbitant repair bills. By raising your house, you're not merely adding extra elevation; you're creating a fortified barrier against potential floodwaters.

Moreover, Brisbane homeowners often face limitations when it comes to demolishing their homes due to stringent BCC council regulations. In such cases, house raising becomes a financially viable alternative. Rather than tearing down your property and incurring heavy demolition costs, raising your house allows you to work with the existing structure, making it a more long term economically sound choice.

In recent times, the reality of climate change has heightened the urgency of moving away from flood-prone zones. House raising presents a strategic opportunity for homeowners to relocate from dangerous flood areas while still retaining the familiarity of their neighborhoods. By elevating your house, you're not just avoiding the high-risk zones; you're also ensuring the safety of your loved ones and your property.

The Government's Resilient Homes Fund: An Added Incentive

To further sweeten the deal, the government's Resilient Homes Fund in Brisbane provides financial assistance to homeowners affected by recent floods. This fund contributes up to $100,000 toward the costs of raising a house, alleviating a significant portion of the financial burden. This initiative not only underscores the importance of flood resilience but also encourages homeowners to take action and elevate their properties for enhanced safety and reduced damage risks.

Flood Damage vs. House Raising Costs

While the immediate expense of house raising might give you pause, consider the long-term savings it offers. The cost of repairing flood damage can far outweigh the investment required for raising your house. From ruined foundations to electrical and structural damage, the aftermath of a flood can leave your finances in turmoil. By contrast, house raising acts as an insurance policy against such catastrophic scenarios, potentially saving you from hefty repair bills and skyrocketing insurance premiums.

Morbuild: Your Partner in Raising Homes and Dreams

It's essential to partner with a building company that understands your unique needs and challenges. At Morbuild, we specialize in house raising projects that not only elevate homes but also elevate your peace of mind. Our expertise, combined with a commitment to quality and safety, ensures that your house raising journey is smooth and successful. We like to think that we understand the risk as well as financial benefits of raising a house in Brisbane, and are happy to discuss these at length with you.

We believe the benefits of safeguarding your property against flood damage cost-benefit analysis strongly favors this investment. With the threat of climate change becoming increasingly apparent, moving away from dangerous flood zones is not just a smart choice but a responsible one. When it comes to your home and your family's safety, the financial investment of house raising is a small price to pay for a secure and resilient future.

Contact Morbuild today to explore how we can help you elevate your property, your lifestyle, and your peace of mind.

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