Should You Remodel or Build New in Sarasota? Pros, Cons, and Expert Tips
Bev Murray
Real Estate
Home Buying
If you’re thinking about making a big move in Sarasota real estate, one of the biggest questions you’ll face is whether to buy an older home and remodel it, or purchase land and build new. Both paths can lead to a dream home — but the right choice depends on your goals, your budget, and how much you want to be involved in the process.
Having worked with buyers, sellers, and builders across Sarasota for more than two decades, and with over $400 million in real estate bought, sold, and built in partnership with Murray Homes, I’ve seen firsthand the opportunities and challenges of both approaches.
What to Know Before Buying Land for New Construction in Sarasota
Is the land actually buildable for my project in Sarasota?
Not every lot is suitable for new construction. Sarasota has zoning rules, setback requirements, and flood zone restrictions that can limit what you’re allowed to build.
What zoning and flood zone issues should buyers watch out for?
Flood elevation, FEMA guidelines, and county permitting all impact design and insurance costs. Before making an offer, confirm with local officials and consult professionals familiar with Sarasota’s building codes.
How do you choose the right neighborhood for a new build?
Balance lifestyle and investment value. Some clients choose Longboat Key or Bird Key for waterfront luxury, while others prefer Lakewood Ranch or West of Trail for family-friendly living and convenience.
How to Choose the Right Builder for a Sarasota Home Remodel
Why does the builder matter so much in a remodel?
The builder sets the tone for the entire project. A skilled professional will bring craftsmanship, problem-solving, and strong communication to ensure your remodel adds value rather than stress.
How can a real estate agent help evaluate a remodel project?
As both a Realtor® and partner to Murray Homes, I can help assess not only resale potential but also construction feasibility — saving clients from costly surprises.
What should you look for when hiring a remodel contractor in Sarasota?
Check references, review past projects, and ensure they’re experienced with Sarasota permitting. A builder familiar with older homes can anticipate challenges hidden behind the walls.
New Construction in Sarasota: Advantages and Challenges
What are the pros of building new in Sarasota?
You’ll enjoy a custom-designed home with the latest building codes, modern layouts, and energy-efficient materials — all tailored to your lifestyle.
What are the downsides of new construction here?
It’s often more expensive upfront and takes longer to complete, usually 12–24 months. Navigating permitting, insurance, and material costs can add make things more complicated. In addition, vacant buildable land in Sarasota has become increasingly scarce, especially in established neighborhoods. If finding a lot in your preferred area proves difficult, purchasing an existing home and remodeling may be the smarter path to get both the location and the lifestyle you want.
How long does new construction typically take in Sarasota?
From land purchase to move-in, most custom homes take at least a year. Waterfront properties or larger estates may extend that timeline due to permitting and site-specific challenges.
Renovating a Home in Sarasota: Benefits and Drawbacks
What are the biggest benefits of renovating an older Sarasota home?
You gain access to established neighborhoods with mature trees and character, while updating the home to modern standards. Renovations can add significant value in sought-after areas.
What risks or hidden costs come with renovations?
Unexpected plumbing, electrical, or structural issues are common. It’s important to budget a cushion for surprises, especially with older properties.
Is it possible to live in your home during renovations?
Yes, but it can be stressful. Many clients choose temporary housing to avoid noise, dust, and interruptions during major remodels.
What Does It Cost to Remodel vs Build New in Sarasota?
What’s the average cost per square foot to remodel in Sarasota?
A remodel can range from $150–$300 per square foot depending on scope, finishes, and location.
How much does new construction cost per square foot?
New builds typically start around $300 per square foot and rise considerably for waterfront or luxury estates.
Which is more cost-effective: remodeling or building new?
It depends on your priorities. Remodeling often makes sense in prime neighborhoods with character homes, while new construction offers peace of mind with warranties and modern systems.
Remodel or Build New? How Sarasota Buyers Can Decide
How do you know if remodeling or new construction is right for you?
Start with your lifestyle, budget, and timeline. If you value character and location, a remodel may be best. If you want a blank slate and efficiency, new construction could be worth the wait.
When is new construction the better long-term investment?
For clients wanting a highly customized home, modern energy efficiency, and lower maintenance, new builds are often the smarter choice.
When does it make more sense to renovate instead of building new?
If the home is in a great location and has solid structure, a thoughtful renovation can maximize value without the complexity of starting from scratch.
Final Thoughts
There’s no one-size-fits-all answer. Some clients fall in love with the character of an older Sarasota home and enjoy the process of bringing it up to today’s standards. Others want a blank slate and the certainty of building new.
Clients often tell me they value my ability to bring both real estate and building expertise to the table — a perspective shaped by years in Sarasota’s most desirable neighborhoods and recognition as a top 1% Berkshire Hathaway HomeServices Realtor® nationwide.
If you’re considering either path, I’d be happy to help you evaluate properties, builders, and neighborhoods so you can move forward with confidence. With the right planning and professional guidance, either option can lead to a home that’s exactly what you’ve been dreaming of.
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