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

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

, a thorough

cost

-benefit

analysis

or the historical

importance

of the building that contribute to the final decision. In

this

essay, the factors affecting the decision to

repair

Suggestion

Repair

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

first

important factor is the owner’s financial

position

. It is well known that

although

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

repair

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

However

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

this

usually entails a very high capital investment in the

first

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

such

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

and benefit

analysis

of both options (

repair

or new building

)

Accept space

)

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

position

and may require miniscule

repair

in the coming years.

Therefore

, the decision should always be done after complete

cost

benefit

analysis

of the two options. The

third

important factor is the historical

importance

of the building. There are many monuments of significant historical

importance

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

repair

is an only option to keep their historical

importance

intact.

For example

, 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

of

repair

. 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

, a scientific

cost

and benefit

analysis

and the historical

importance

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