Top 5 Reasons to Extend Your House

by Elena Gilbert Professional Blogger

Extending a house is often a necessity that comes with its own set of benefits. Done the right way, the step intends to fulfill many needs and goals that present at a particular phase of life while you also reap some icing on the cake, like the increased value of the property.

But there are more. Here we begin with the 6 of these beginning with the one of most importance.

1. Better value of the property

When you choose to extend the existing property, you have the option to make it in many ways. Add a room or two or get the bathroom your kids have been fighting for eons. Your space is being used better and has the potential to provide more. With an extension, you can also include the renovation that has been put off for quite some. Your kitchen might be in that desperate need. You are the better judge of your needs so decide wisely whether you want Painting & Decorating in Redhill or just the extensions and see what’s best for both your family’s and your property’s valuation. Refurbishing, modern decor and furniture and enhanced look and feel fetch more and better buyers when such a time comes.

2. No burning a hole in the pocket for a new home

Need for bigger spaces can be daunting, so much so that you might even start considering looking for new properties. However, having a second thought due to a shortage of funds as well as time can be common. So your next best option is to add extra rooms or even completely refurbishing major living spaces into medium-sized rooms. Even though you wanted to chicken out of the idea for the sheer reasons of stress that comes with the whole renovation and refurbishing thing but that would all get done in much less than the price of a new home.

3. The bigger the better or families that are growing

Getting married often follows having kids sooner or later. No wonder your spouse is pining for some extra space which you cannot simply put away by turning a deaf ear. Addressing the issue means either move into a new place or extend what you already have. The second option is by far better also because your memories of the place can have a second lease of life. Just because you have decided to add more space to your existing property, your conscience can rest in peace that you and your family need not suffer a major change soon. Just make sure you appease the local council by meeting all the regulations.

4. Loans for renovation/extensions are easily available

Gone are the days when only specific loans were available. Now, most banks and lenders are ready to lend for the smallest of your needs, like renovation or House Extensions in Oxted. You can choose to brighten up your current space or go about construction more rooms if not an issue with the local council. You can better the price of the property in the money that you need not put forth from your savings. You can also avail of a construction loan that charges interest only for the time (i.e. the construction deadline) and the funds put to use not exerting unnecessary financial strain.

5. You would always have potential earning or investment opportunities

In life, people always move ahead. They plan their financials and the spaces they live in accordingly. You also tend to move to bigger jobs, grow family and upsize and maybe downsize later when kids go to college and move to different cities. This way, people end up investing in real estate, even if not entirely planned. Down the track, having any add-ons like extra rooms or a modernized extension is only going to add financial worth you have accumulated. You can look at better rental yields. So, such an investment is always icing on the cake whether you realize it at the time or not.

Now that you have better perceptivity we hope that you would be able to see that grass is green near your vision as well. All the best extending!