When is a Good Time for House Extensions?

The property market can seem quite daunting at times. It fluctuates in a way that seems random to most and with so much money at stake, buying or selling at the wrong time can sometimes mean missing out on hundreds of thousands of dollars. The property market can have an effect on not only when we choose to sell our houses, but also when we choose to renovate. This raised the commonly asked question of “when are house extensions appropriate?”

To answer this question, it is important to know the distinction between house extensions and house renovations. Renovation is more of a broad term, which generally refers to interior redesign and other work of a similar nature. House extensions, however, are a bit more extensive. House extensions basically involve adding to the structure of your home, to make it larger. This could mean adding a deck or even a new room or living space. Regardless of the precise nature of your house extension, it is a great way to free up some space in your home on your terms.

What makes house extensions a good idea?

House extensions are a fantastic solution across Brisbane, especially as property prices are high. As the real estate agents would tell you, location is key when it comes to buying a house and this often means we can overlook the house itself when we purchase. If you come across a home in a stunning location for a great price, it is easy to forget about other details such as the size or layout of the house itself. In the long run , this can become a little frustrating.

If your house is too small, or simply not set out in the way you would like, then it can seem like you don’t have any options, but fortunately this is not the case. Buying a new home is usually out of the question when housing prices are so high, but the price of a house extension is likely to be far more stable and this makes house extensions a great alternative. With a house extension you can enjoy the fantastic location that attracted you in the first place, without having to settle for a suboptimal house.

Some situations that might call for house extensions

There are countless circumstances in which house extensions are a good idea, but some circumstances in particular are more common than others.

If you and your partner moved into your home when it was just the two of you, then it is entirely likely that your house is not quite large enough to cater for a child. Having a child often means that you need more space, but at the same time money can easily become an issue. The thought of moving out seems too stressful when you are planning for a child, especially if you already have children. Additionally, it mightn’t be financially viable to find a new home. In these types of situations, house extensions might be the solution you need.

When the real estate market is surging, house prices in some areas across Brisbane can easily exceed the million-dollar mark. This often forces homeowners further out of the city into the surrounding suburbs, which is fine for some, but inconvenient for others. If you are already in your dream suburbs, but want a bigger home, then house extensions are something worth considering.

Finally, many homeowners simply become attached to their homes and do not want to leave for sentimental reasons. Getting a home extension allows you to enjoy the best of both worlds, by giving your home an extension and facelift, without you having to move elsewhere.

For all your house extensions and house renovation needs in Brisbane, talk to the experts at Marshall Renovations today on 0407 122 326.