As far as the second post processing part, I wouldn't know how well that would go but probably can be done with some brute force.
The first part would be making a successful import of the photo in Sketchup and aligning the vanishing points, getting it in scale etc. Then I would begin drawing lines from a reference corner of the wall, paving etc. to draw in the space and locate the position of the new building. Then I would position the model on those lines.
People do use this for modeling additions or new buildings on a site. The process is the same. You model less of the existing buildings--you are just modeling surfaces and reference lines to get to correct position of your new building.
Those who are into photo realistic rendering probably find it doesn't meet their standards. Those who are doing NPR probably find it hard to blend in an attractive manner.
Here is an example without using renderer but with SU and some PS work. The original existing photo and one example of a new entry design modeled in SU.
SRF Porches 1.png
SRF Porches 3.png