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Building renovation must be attractive and profitable regarding sustainability criteria to be a competitive alternative to demolishment and construction of new buildings. This study presents the global warming potential related life cycle assessment and net present value life cycle costing of three hybrid-timber building renovation and extension systems. The three systems have been developed for three common building types in the Republic of Korea: residential high-rise (cross-laminated timber system), multi-use (glue-laminated and timber frame system), and residential low-rise (steel and timber frame system). The global warming potential of the renovation systems’ materials and their net present value has been calculated with a parametric design system that facilitates the streamlined calculation of multiple construction options and the resulting environmental and economic impacts. The results demonstrate that the …