The Impact of House Extensions on Property Value

If you are fortunate enough to be a homeowner, or soon plan to own your own home, you know a lot work goes into selecting the right house and property for your family. First, you must decide which neighbourhoods appeal to you and get you close to the action or natural features that you most desire. From there, you’ll look at the choices in schools and see which ones provide the best education. Being able to easily access restaurants and nightlife might also be a consideration, and the commute to work will also factor in.

Another important element of your housing search will be the future value of the home and property. If you chose a house in an up-and-coming neighbourhood, you are likely to see more appreciation in value over time. You might also find that if you choose a less expensive house in a more expensive area, you can make improvements on the home and see your equity and future profits soar. If you are interested in seeing substantial future price appreciation, you might also consider adding a first-floor addition to your existing home.

Add Much Needed Space to Your Home

After you have lived in your home for a while, it’s quite likely that you find yourself cramped for space in certain rooms. You might need more room in a kitchen for cooking and entertaining, or find you are short on bedrooms as the kids are growing up.

When you add extra, highly functional space to your home, you’ll be rewarded by a jump in home value when you later attract more buyers for your property.

Create a Dream Home With a First Floor Addition

If you really want to create your dream home, and add incredible value to your house and property, consider adding a first-floor addition from building contractor Northern Beaches. You’ll be able to design an addition that will add beauty and functionality that will serve your family for years to come.

With this major extension from building contractor Northern Beaches, you will dramatically improve the design and appeal of your home. If you sell in the future, you will find a lot of buyers interested in paying you top dollar for your dream home and property.

Add Value to a Less Expensive Home in a Posh Neighbourhood

One good strategy to employ is to buy a smaller home in a first-class neighbourhood. You can then add a first-floor addition to make the home one of the more sought after ones in the area.

By doing this, you’ll find you make nice profits as you cash out on the home value during the sales process.