Home extensions Bristol and beyond provide a real alternative to selling you home. There comes a time in your life when your home becomes a squeeze. In the same way your home may become too big over time when your children flee the nest. But if you have outgrown your home and you are constantly surrounded by noise and toys it can be testing for your health and your sanity!
There is a variety of reasons why you may be outgrowing your home. You may have decided to work from home and need an office instead of trying to work from the kitchen or lounge. SO, the question arises as to if you should sell your home or call in the builders. If you are looking for experts in home extensions Bristol has many on offer. The answer to this question will depend on whether you have room to physically increase the size of your home or not. A flat cannot be made bigger, but a detached property with a garden is the perfect opportunity for a house extension.
Home Extensions Bristol : Deciding Factors
The deciding factors for whether you will extend or move will depend on your future plans, the cost, the area you live in, and whether you have become emotionally attached to your home. If you live in the heart of the city, a house extension in the loft or basement can add a surprisingly large amount of money to the value of your home. Digging underground in London to add a basement will add a large amount to the value of your home. In other parts of the country it will not be worth the cost. In this case, you would only go ahead with an extension if you were emotionally attached to your home.
The cost of buying a new home will almost always be more than extending your existing build. So, from a financial point of view, it is almost always the most sensible option. You must however be careful to ensure that your home extensions will result in a balanced home. Building works can sometimes make your home harder to sell as opposed to easier. Building works for your extension will vary in cost once again on where you live, but they will never be less than 1,000 pounds per square metre. This is before adding VAT which is charged at 20%.
As well as the cost of your home extension you will need to budget for planning, engineer’s fees, planning permission costs, and time off work you will need to take to see through the operations. If disruption will be taking place in your kitchen, you will also need to budget for eating out or ordering takeaways every day. All this needs to be taken into consideration, along with the fee that you will need to pay for extending your dwelling that is currently set at 172 pounds.
The costs involved in extending your home are therefore substantial, and under some circumstances it may be better to move. For example, if you live in a standard semi-detached home that is worth 300,000 pounds. An extension may cost you around 50,000. The amount of value added to your home will only be about the same, so moving or adding an extension are both viable options. Selling your home and moving does of course incur costs too. Estate agents fees are just the start! So, whether you move or call in your local Bristol home extensions experts is up to you as what is best for one person may not be for the next.