The Covid-19 pandemic left many people wanting to move house near the coast or countryside as well as the need for more garden space and garages for offices or gyms. However, with house prices increasing rapidly, many people are left wondering if it is more beneficial to extend or move house. It’s important to weigh up the costs of both as well as the reasons for moving or extending.
An extension will help add value to your home as well as creating space, but the cost needs to be thought through. Whether you should move house or extend should be based on what will benefit you and your family the most, so we’ve put together this guide to help you weigh up the pros and cons to make the decision easier.
Single-Storey Extension
If you’re looking to add extra living space to your home, then a single-storey extension is the perfect fit for you. From rear extensions to side return extensions, there are a few sub-categories involved for you to look through to help you find the perfect plan. This type of extension is particularly suitable for those with a growing family who are looking for extra space. Single-storey extensions can cater to a variety of budget types as the smaller the plan, the less it will cost.
This seems like a sufficient cost to extend a room or hallway and give your home the well-needed space you’re looking for. It could add between 5%-10% to the value of your home. If you’re looking for even more space, then consider getting a double-storey extension as this can then increase the value of your home by as much as 20%.
Loft Conversion
Whether you’re adding a bedroom, bathroom or both by converting your loft, the value of your home could increase by 12.5% by having this work done. Here at Wright Construction LTD we have over 20 years experience in building bespoke Loft conversions for customers across Chesterfield and Sheffield.
Loft conversions are one of the most popular and inexpensive ways to add space and value to your home. It’s one of the least disruptive extensions, ensuring that you and your family are provided with the necessary added space without the chaotic disturbance that often comes with building work.
Conservatory
Adding a conservatory can be a more affordable type of extension, costing around £5,000 in total, depending on the size. They are also fairly easy to install and can add as much as 5%-7% value onto your property. Conservatories have become a popular extension throughout the UK, helping homeowners enjoy their garden without the dreaded British weather putting a damper on their evening.
We would love to hear about your up-coming project and discuss our potential ideas and how we can potentially add to and create this amazing new space for your home. If you are interested in speaking to Wright Construction LTD based in Sheffield and Chesterfield please feel free to reach out to our friendly customer services team on:
Office: 01246 819 517
Mobile: 07818 834 950