Spot repair at the burst
Fits when: A single, mechanically caused burst (physical damage, one freeze event) on a pipe that is otherwise sound.
Trade-off: The most direct fix, and appropriate when the burst is genuinely an isolated event rather than a symptom of the pipe's general condition.
Repair plus a pressure check or valve replacement
Fits when: The burst appears pressure-related — a failed pressure-reducing valve, or house pressure running above normal.
Trade-off: Addresses the likely cause, not just the symptom, and reduces the chance of a repeat burst elsewhere on the system.
Wider assessment if the pipe failed by corrosion
Fits when: The burst pipe shows internal corrosion consistent with its age and material, particularly on older galvanised supply.
Trade-off: Raises the same repair-vs-replacement question covered on water line replacement and repiping — a corrosion burst is rarely a one-off on a line or system of that age.