These days, it’s not enough to simply sell your house and move into a new one. While there are still some people who are just looking for a cosmetic makeover, nowadays, more and more homeowners are looking to add to their homes, rather than completely replace them. While it’s easy to be overwhelmed by the sheer number of home extensions out there, there are a lot of good reasons to choose to expand your property rather than moving.
Utilize your existing space
With the high cost of living and the need to save money, homeowners often have extra space they need to utilize. One way to do this is to extend the size of your home. You can add a second story, an outdoor living area or maybe a granny flat. Many homeowners don’t realise the options available when choosing to extend their home to make room for their growing family. You can have a more comfortable living room with a new entertainment system and a pool table. You can also transform your home into a bedroom for your aging parents or grandparents. Your options are endless.
Providing another living area
One of the most common reasons for extending your home is to provide another living area. This can be done by adding a living room, bedroom, or office. For example, if you have a growing business that needs more space, expanding your home can provide this additional space. The extra living area can also be used as a guest room for visiting family or friends who need to stay with you for an extended period of time. Some people may do it for sentimental reasons, like adding on a room for their children. Or, they may do it because they want to make their home more energy efficient.
Making lifestyle changes
You may want to extend your home if you are in the need for more space and are willing to make lifestyle changes. You can make a number of lifestyle changes like remodelling your kitchen or adding a new bedroom. The most common reason for extending your home is to create a new bedroom for your children. In this case, you can have a master bedroom and a guest room, or you may decide to expand the master suite to include two bedrooms and a bathroom.
Avoid the hassle and cost of moving
Some people may be considering moving because they have outgrown their current home. This can also be a good reason for extending your home. If you have to move, it will cost a lot of money and time to find a new place. It can be more cost-effective to extend your home so you don’t have to worry about finding a new place. You can just keep your current home and get creative with ways to make it work for your lifestyle.
Increase the value of your home
Many homeowners are looking to extend their home so that they can increase the value of their home. When homeowners opt to extend their home, they often do so to add more living space, create an additional bedroom, or create a master suite. If you decide to sell your home in a few years, you will be able to ask for more money from potential buyers. If the market value of your current home increases, then you’ll be able to sell it for more than you purchased it for.