It is too expensive to look after and repair old buildings. This money should be spent on building modern buildings instead. To what extent do you agree or disagree?

Decisions concerning continuous

repair

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or construction of a completely new infrastructure in place of an old building can be very confusing albeit important ones. There are multiple factors like an owner’s financial

position

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, a thorough

cost

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-benefit

analysis

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or the historical

importance

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of the building that contribute to the final decision. In

this

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essay, the factors affecting the decision to

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repair

Suggestion

Repair

an old building or creating new constructions will be discussed. The

first

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important factor is the owner’s financial

position

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. It is well known that

although

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repairing an old building is an expensive proposition in the long run, the

repair

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costs are usually divided throughout the long duration and can be a manageable sum on a yearly basis.

However

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, if the owner decides to have a completely new building,

this

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usually entails a very high capital investment in the

first

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year itself. Many owner’s do not have the financial resources to start

such

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a massive undertaking. The statement that a new building will always be cheaper in the long run should be taken with a pinch of salt. A comprehensive

cost

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and benefit

analysis

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of both options (

repair

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or new building

)

Accept space

)

should be conducted using professional help. In some cases, even old buildings can be in a fine structural

position

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and may require miniscule

repair

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in the coming years.

Therefore

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, the decision should always be done after complete

cost

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benefit

analysis

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of the two options. The

third

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important factor is the historical

importance

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of the building. There are many monuments of significant historical

importance

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and destroying them for new infrastructure may lead to the loss of a small portion of history. For these buildings,

repair

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is an only option to keep their historical

importance

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intact.

For example

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, the Taj Mahal was built in Agra more than 500 years ago. The building is a historical symbol of love and a world heritage site. No one would dream of replacing the Taj Mahal with a new building whatsoever be the

cost

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of

repair

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. In Conclusion, we can say that the statement “old buildings should be replaced by new ones to save money” is not always applicable. There are many factors, including the owner’s financial

position

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, a scientific

cost

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and benefit

analysis

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and the historical

importance

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of current building that decide the fate of an old building.