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The question of demolishing a house versus renovating it is a valid one, and one worth discussing. Cost can vary quite a bit in different situations, so there are a number of factors to consider. The historical significance of the structure, the condition of the house, environmental considerations, and potential demolition setbacks will help you determine which method—demolition or renovation—is best. If the structure is historically significant, renovations it the best choice. If the house's repairs would cost more to fix than it would to demolish and rebuild, then demolition is typically the preferred option.