Remodeling your home is always cheaper than building a new home. Building a quality home today in the lower mainland of British Columbia (with all aspects of the build included, as well as the land costs) can be very pricy, and cost $400.00/SF and as high as $700.00/ SF.
A quality renovation (to the complete interior of your home) should be around $100/SF. If you love your home and neighborhood, but your tired of your “dated look”, consider renovating as a viable alternative to building a new home.