You can demolish your home by double clicking the sign outside, going to "Ownership" and clicking "Demolish House".
Be prepared to replace the current house in case a larger one might not fit due to terrain or otherwise.
Thanks for answering my question. However, I now can bring up the "Ownership" but it is not an option to "Demolish House" It is there, but there is nothing to click on.
Again, thanks for answering and Big fan of UFO for a few years now. Hope you guys are working on more Meta Pets.
It could be because you do not own the house on the account you are on. You need to be on the character who originally placed the home.
Feel free to also ask questions in our discord. https://discord.uoforever.com