There are many different reasons why you might need more space in your home. Whether your family has grown larger, your children need their own rooms, you have started working from home or an elderly parent is moving in, you may find that you just don’t have enough room anymore.
If this is the case, is it preferable to improve or extend your current property or is moving into a larger home a better solution?
There are some situations where moving into a bigger house is your only option. If you don’t have the space to extend into your garden nor the ability to build upwards by converting a loft for instance, then you may have no choice other than to move elsewhere. However if either of these is a possibility and there is a good chance that you will get planning permission, then there are advantages to staying put and improving the house you’re in.
It very often works out more cost effective to extend a current property than to move into a new one. While there will be a significant investment involved in extending your property, it is likely that the value of the house will also go up, and over time you may find that the amount the value increases by exceeds the amount you paid to do the work.
While buying a bigger house also means owning a more valuable asset, thereby justifying the extra you are paying over and above what you sell your current home for, moving home is a particularly expensive exercise and it could take many years for these extra costs to be worthwhile. Estate agents’ fees, stamp duty, the cost of surveys, solicitors’ fees and removal company costs all add up to a very significant amount and you may still need to redecorate and make some small adjustments to your new home when you move in anyway.
Whilst building an extension is disruptive while the works are in progress, chances are you can still carry on living in the rest of the house. It may be a little less comfortable for a while and there’s no denying that it can be stressful, but life can more or less go on as normal.
Moving home on the other hand involves packing up every single thing you own and then unpacking it on the other end. If your moving out and moving in dates don’t match up then you will also have to find somewhere else to stay in the meantime and the majority of your belongings will be put into storage.
If you are moving to a different area there may be further upheaval due to changing the school your children attend and them having to make new friends. Even if you stay local, you will need to inform services and businesses of your change of address and set up new accounts with gas, electricity, water, telephone and internet services to name a few. No wonder moving home is considered one of the most stressful life events we can go through.
Considering an extension?
If you’ve decided that extending and improving the home you’re in is the better option for you, then get in touch with us at MSK Design. We can keep the process as stress free as possible for you by not only helping you design the right space for your needs but also by project managing all aspects of your home extension work, from planning permission to building control compliance and everything in between.