When is it better to remodel versus rebuild from scratch?

There are many scenarios homeowners can have when it comes to renovating their home. From “minor” kitchen/bathroom upgrades, all the way to more intensive home additions that increase square footage. The big question we like to ask lies: what is your goal with the property in question? although many contractors say a full tear-down mostly makes sense on the location the home is built and what the local city ordinances call for. And yes, those facts are certainly true, but there is a bigger idea to consider; and that is value optimization.