Our 2500 sq foot 40 year old home was damaged by a six hour fire. The insurance company offered 189,000 to repair the home. It need 5 new rooms plus a new roof and the entire interior is havily heat smoke damaged.

Homes can be bought here for 189,000. My question is what questions should I ask to decide to rebuild using 60 percent of the existing frame or tear it down to the basement and start over having a "new house"