For many homes, there comes a time when the home owners want a change and need to realize additional space. With new arrivals, extra visitors or even a growing business means a home office or study would be a preferable to the kitchen table, helping to organise and providing that all important storage space for documents and files.
The question is: is it better to expand the existing property or is it more sensible to move house? This is a question on the mind of many individuals all over the world right now with an ever increasing population.
Extending Your Home
Extending a property can be a major undertaking, depending on the extension type it can take months and it can mean a lot of disruption and hassle for the homes’ occupants.
Even though an extension is a major undertaking, financially and for the long term, it can be a very good decision.
Example: Loft conversions and home extensions can add around 20% to the value of a home.
What to expect with a two storey home extension: this can be months of upheaval and can involve disruption, rubble, builders trudging in an out of the property over a period of time, however the result can be a vastly increased amount of space on the property, and additional rooms which will help with the saleability of the house, and an increased value.
What to expect with a loft conversion: loft conversions usually take around 6-10 weeks depending on the requirements of the job at hand, there can be minor disruption but it’s generally easier to carry out than a structural extension due to the fact that the external adjustment is not as much work (fitting a dormer into a roof is not as difficult as building external walls onto a property, another advantage with loft conversion is the fact you don’t usually require planning permission.
Note that if you extend or renovate your home, this is certain to create a large amount of waste, junk and debris that will need to be removed. What most people do in Kentucky and elsewhere, is they rent a dumpter for the duration of the project. This way they can put all the waste inside the roll-off dumpster as time goes, and once the work is done they can get the dumpster to be removed. And their place and surroundings will be all neat and clean.
Moving houses can involve an awful lot of upheaval and disruption, however this can be a smart move (especially if it involves moving to an area where the appreciation of property is higher than the rate of appreciation in value at your current property).
The issue with moving home (apart from the obvious hassle) is also the fact there are usually additional fees to be charged such as stamp duty, and commissions due to the real estate company that is helping you sell the home, all of these factors are important to take into account when weighing whether or not you should move or extend.
Overall you need to consider carefully which option would be better both logistically and financially, if you wish to receive an estimate for a loft conversion. You can also get more information about home extensions from this website your home extensions.
Final tip: it’s also imperative that you do your research on any potential building companies you may decide to work with, ensure they can handle the kind of project you wish to have carried out on your property, and that they have a portfolio that indicates they have the skills and qualifications to carry out the work.