There is a lot to be said and love about where you live and if you have been established for many years in the area there are all those memories and extending or renovating can be a pleasing and rewarding journey if you plan well.
All extensions and renovations should be undertaken with a clear understanding of the family’s needs and lifestyle requirements. This may incorporate future extensions or renovations on the property or making allowances for an elderly or a family member with a disability.
Do you like where you live?
If the neighbourhood you live in serves you well with good access to shops, schools,transport and other services at your fingertips, making the most of your existing home by extending or renovating could be the best option for you.
Committed in staying where you live?
Once that has been established it is a matter of going through the steps and gathering some good advice and information from professionals in the extension industry.
Will your home meet any future needs?
One of the most important things to consider is how your current home is going to meet with the needs of a growing family in the future.In the current environment a growing trend is that kids are staying at home a lot longer due to economic pressures. This may be as simple as adding an extra bedroom in the short term or more extensive renovations and extensions to accommodate the family’s lifestyle and needs.
Is my home in good enough condition to extend?
I have not come across a home that we have not been able to extend and restore to its former glory, it’s all about how much you would like to invest and your commitment level, ultimately you will be guided by the amount of equity you have in your current home.
Should I sell up and move?
Finding a new home can be fun however, moving house may not be any fun at all. It can be one of the most disruptive and stressful life experience you may have not to mention costly.
You need to consider whether you move or stay in the same neighbourhood. Chances are that most of the homes you will inspect in your area will require some form of renovation or some extension work to accommodate your family’s needs. Buying a new home generally means moving and paying for all the associated costs.