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Are you considering adding extra space and value to your property? Here's a quick guide to adding an extension to your property.
Given soaring house prices topped up with the costs of moving, property extensions are becoming more and more popular with homeowners seeking more space.
Dependant on your home, a home extension can be used to transform and maximise the floor-plan of your home as well as increasing the market value.
Is my property suitable for a home extension?
Unfortunately, property extensions aren't a one size fits all solution to space issues. Here are a few checks to carry out to indicate whether an extension may be suitable:
• Available Space - Home extensions will eat into your outside space, so before going ahead you need to weigh up the pros and cons of less garden space for more inside space.
• Budget - Does your budget cover the projected cost of the job as well as a comfortable contingency fund just in case of any unexpected issues?
• Projected Value - Is the projected value after completion of the extension greater than the value of your home plus the cost of the extension? The added value of the project should exceed the cost of the project.
• Planning Permission - Will you need planning permission for the extension and will your plans be approved? This should always be the first thing to check when making home improvement plans.
Whilst not all homes or budgets are suitable for property extensions, there are plenty of other options to consider when you're looking to expand your home. Give Reliance a call on 020 78 59 4172 for expert advice on how to make the most out of your home.