When it comes to choosing between building an extension onto your current home or moving, it’s quite a personal decision that only you (or your family) can make since you know what best suits the logistics and dynamics of your home life.
Below we have listed the benefits of both options and the costs involved in both extending and moving home:
Moving On Pros
Dislike your area
If you’re unhappy with the area that you currently live in, then it likely makes more sense for you to move house and find a property in a different suburb with amenities that better suit your lifestyle.
If you have decided to move to a different city or country or perhaps have permanently relocated for work, then you will likely want to go ahead and sell up so that you can buy a new property in your new location.
Moving Up Pros
Often you might feel like you need more space, but you like the home and area where you’re currently living, and so you’re reluctant to move. It’s nice to feel familiar with the local neighbours, communities and amenities. Often, people feel pretty attached to their homes and the memories that they’ve made in them. If you love your home and don’t want to relocate to another suburb or city, an extension is a perfect solution.
Perhaps you have a growing family, and your current home is starting to feel a bit cramped. You need more space but don’t particularly like the idea of uprooting your family, particularly if you have younger children that attend local schools and have friends in the area. Again, an extension is a way to create more space for you and your family while maintaining your regular routines and lifestyles.
While your routine is going to be interrupted whether you decide to move house or renovate, an extension is much less disruptive. Moving is a long, drawn-out process that requires you to pack up your entire lives. At Total Lifestyle Builders, we have completed many extension builds which didn’t even require the residents or families to move out of their home during construction.
Often, people want to upsize for a specific reason or purpose. When you opt for an extension, you aren’t restricted by a house that’s already been built and lived in. You can design your extension to suit your preferences, tastes and requirements. For example, perhaps you’ve started a family business? No problem, you can incorporate a home office into your extension. Maybe you have a new baby on the way? You can strategically draw up plans to make your extension more babyproof. Adapt the size of the rooms, the number of bathrooms and the layout as much as you please!
Costs to Consider when Moving House
- Deposit for the new house
- Real Estate Agent commission
- Stamp Duty
- Removalist fees
- Cleaning services
- Time took off work
- Building and pest inspections
- Conveyancer fees
- Costs to Consider for an Extension
- Building cost
- Council approval
At Total Lifestyle Builders, we are experts in designing and building extensions that are tailored to the needs of you and your family. From the early planning stages to the final day of construction, we stick with our clients every step of the way and offer a holistic solution that will transform your house into your dream home. To learn more about how we can help you, call us on (07) 3367 8222 or get in touch with us today!