A home extension can be a fantastic way to enhance your living space, increase your property value, and make your home more suitable for your needs. However, whether it’s worth pursuing largely depends on factors such as cost, time, and how the extension fits into your long-term plans.

Assessing the Need for More Space

The primary reason homeowners opt for a home extension is the need for more space. Whether you need a bigger kitchen, more bedroom space, or a dedicated home office, extensions offer a solution that avoids the costs and stress of moving. An extension can provide a bespoke space tailored to your family’s lifestyle, which may be more cost-effective than relocating. Moreover, home extensions can offer great returns on investment, as research indicates that they can increase the value of your home, often recouping the money spent, especially for projects like loft conversions or adding a double bedroom.

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Planning and Costs

Before moving forward with a home extension, there are several things to consider. First, check whether your property qualifies for permitted development or if you need to apply for planning permission. A consultation with local authorities can help you understand the regulations. You’ll also need to ensure that your extension will be structurally sound and won’t negatively affect your existing space. Engaging professionals, such as architects and builders, can ensure that your project adheres to building regulations and is well-designed.

Regarding costs, a home extension can be a significant investment. The total price depends on various factors such as size, complexity, and materials, with typical costs ranging from £1,500 to £2,250 per square metre. While expensive, it could still be more cost-effective than buying a new home, especially when factoring in the costs of stamp duty, moving fees, and property market fluctuations.

So, as you can see, if more space is what you need and moving isn’t an option, a home extension can be a valuable investment, provided you plan carefully and manage the costs.