Choosing to add an extension to your current Perth home is one of the biggest decisions you can make as a homeowner. There is no way around the importance of this decision, as it will require a significant investment of both time and money on your part. While the final result is something that you are sure to be proud of for many years to come, it is still difficult to take the leap from thinking about adding a home extension to actually putting the project in motion.
If you are currently trying to decide whether or not you should pursue a home extension for your Perth residence, the content below may help to make that decision just a little bit easier.
Home Extension or New Home?
Often, the debate on whether or not to invest in a home extension in Perth comes down to whether or not you are willing and/or able to move. If you have reached a point where your current home no longer suits your needs sufficiently, you will have to decide between adding an extension or simply selling your current home in favour of buying a new one.
This is a complex decision with plenty of variables to consider. First, can you afford to buy a new home? With the economy in an uncertain state, many people simply don’t have the option to buy a new house that will fit all of their requirements. You might not have enough equity in your current house to raise the money for a down payment, and your job status might not be such that you are able to get a new mortgage.
These are issues that are bigger than any one person or family – they span the Australian and Global economy as a whole. Therefore, you simply have to be realistic with your options at the moment and decide which course of action is best. If you would have to stretch yourself thin in order to make a move into a new house, building a home extension may be the best option.
While home extensions aren’t necessarily cheap, they are certainly more affordable than moving and come with a few other advantages. In order to get a house which is significantly larger than your current home, you will have to spend a great deal more money on the purchase of the new house than you receive on the sale of your current dwelling.
Perth renovations have become more and more popular in recent years, largely because they have become a more attractive option than moving into a new house. You get to enjoy additional space that can make your family more comfortable without the overwhelming costs (and hassles) of moving.
It’s All About the Kids
The majority of the time, it is kids that will have you thinking about a home extension. Most people buy a home when they are newly married, or when they maybe have one child who is still an infant. However, as time passes and more children join the family – and existing children get older and bigger – you could quickly grow out of your home. Even if you thought your house was big when you first moved in, an influx of children’s furniture, toys, and more could leave you with a far different opinion.
Having the right number of bedrooms in your home is a big piece of the puzzle when trying to make sure that your house works for your family. For instance, if you and your spouse have three kids, you will likely need at least three bedrooms, if not four. Two small children may be able to share the third bedroom at first, but as they grow it is likely that you will need to move them into their own rooms.
If you purchased a house with just two or even three bedrooms, and now have a growing family that is taking up all of that space and then some, building a home extension to add at least one more bedroom may be your best option. The Perth home designers here at Design Renovate will help you decide exactly how much space to add, and where around your home would be the best place for it to be added.
Many Other Reasons to Extend
While a growing family is likely the most common reason for choosing to complete a house extension project, it certainly isn’t the only reason that may motivate you to take on this job. Another reason for a house extension that has become more common in recent years is the need for a home office.
The advance in technology over the past decade has made it possible for many more people to work at home than ever before, meaning more and more Perth residents need a home office. If all of your bedrooms are already filled up with kids, you might have to add on to the house in order to carve out a productive office space.
Working at home is a luxury that many people enjoy, but it is only successful if you have a space within the house where you can relax and focus on the task at hand.
Also, you may find that as you get older, you take up more and more hobbies which you wish to be able to take part in right inside the comfort of your own home. For example, if you like to watch movies at home with friends and family, you may want a custom home theatre system that you can use any time you like. Or, you might want to have room for that pool table you have always dreamed of owning. No matter what the motivation happens to be, a home extension is the perfect way to enable your family to love living in your house for many years to come.
Design Renovate specializes in Perth home extensions, along with a list of other Perth residential construction projects. If you would like more information on our team and the many services that we can provide, please feel free to contact us at any time.
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