No matter whether you have a family with children or teenagers, or simply want to create a relaxing retreat, a home extension is an excellent way to improve living space. As well as being a cheaper alternative to moving, extensions also add value to your property if you choose to sell in the future. For more information, visit houseextensioncost.com.au.
Whether you are considering building an extension for your home or not, we can help you decide if it is a better alternative to moving! Construction work on your home is a significant investment, and you must be certain about your choice before starting work. In light of this, we have put together a guide answering the question, “Are house extensions worth it?”
Should I Extend my House? Advantages of Building an Extension
To ensure that you can enjoy your new living space, the construction work on your home takes careful consideration and extensive planning. When building an extension for your home, consider factors such as the intended use of the room, along with whether you have enough land to accommodate the build. You can use the following questions to determine whether a house extension is the best option for you or whether you should start planning your move:
- Extend or move my house?
- House extensions: Are they worth it?
Is it Better to Move or Extend My Home?
Since 2005, the average UK house price has increased from £150,633 to over £230,000, so it’s no wonder that more and more homeowners are asking themselves, “should I move house or extend? ” Unfortunately, there is no single answer to this question since the best-suited option will vary depending on your circumstances.
Building an extension would be ideal if, for example, you love your local community and are settled there. As well as being more cost-effective, there will also be endless customization options so you can make the space your own. If you are limited in terms of land and extending will mean that you will no longer have a garden space, you may consider upgrading to a larger property. Those who live in a listed property or conservation area may find that extending their home isn’t an option as they won’t be able to get planning permission. Here are just a few of the factors that will help you weigh up your options. Other questions to ask yourself include:
- How much is your budget? Does it have any room for expansion?
- Do you have a strict deadline? An extra room is needed for a new baby due in a few months.
- Would you consider living in your home for many more years? If yes, then an extension would be a great idea, but if no, should you save the money for moving?
- How much extra space do you really need? You will be able to understand whether an extension will meet your needs.