The advantage of a “knock down and rebuild” is that you get to live in your dream house right where you want to — no need to move. One perk of a “knock down and rebuild” is that you don’t have to move, which can be quite daunting with a family. Another advantage is the ability to keep the “landscaping” that you’ve worked hard on in your old home. There are many other benefits of a “knock down and rebuild” for your families.