Will An Extension Add Value?

Seeing your home's value rise over time is one of the most satisfying aspects of property ownership. Do house extensions increase the value of your home? If you want to increase your home's value or just want to make it more comfortable, it may be wise to consider a home addition.

In addition, adding square footage to your home will enhance your quality of life there. A house addition might be the answer to your space problems, whether it's because you can't fit all of your stuff in the house or because your kids can't stand each other because they have to share a room.

How Do You Begin Planning A Home Extension?

Your first order of business is to resolve this pressing issue: may You build onto the current home? Depending on the type of improvements you have in mind for your home, some properties and plots may not be suitable for an expansion. Planning restrictions have been eased in recent years, allowing homeowners more leeway in how they upgrade their properties.

The next step is to give some thought to the specific adjustments you wish to make. Have we considered how these alterations could sit with the typical consumer? You should always try to make your addition look like it was meant to be there by keeping in line with the building's original design.

Contact a professional home extension designer, like Framemaster, once you've established that an extension is possible and have a general idea of how you want your new addition to look. Our team has the expertise necessary to make sure your addition complies with all local building codes and that you get the most out of your expansion funds.

How Long Does It Take To Build A Home Extension?

A basic addition to a building should take about three to four months to build. While this estimate is based on a single-rear extension of 3 metres in length, the actual cost to you may be either more or lower depending on the specifics of your project. A larger or double-height back expansion could take up to six months to build.

Different Types Of Extensions

There is a wide variety of expansion types available, each one suited to a specific kind of house. Your requirements will dictate which choice is the most suitable for you.

Ground Floor Extensions

A great choice for anyone desiring more room at their current residence. As a ground-level addition increases the footprint of your house, you need ensure that you have adequate room on your property.

Perfect for expanding living space for parties, al fresco dining, or a bigger kitchen/laundry room.

Single-Story Extensions

You could be reluctant to use any more of your yard for an expansion, and instead have your sights set on growing skyward instead. There would be a ground-level extension if this were the case.

The addition of a single story can provide you with enough square footage for a new bedroom, study, or even a couple of baths. Ideal if you plan on starting a family or if you find yourself wanting a home office.

Attic Conversions

To make the most of the living area you already have, consider converting your attic. Did you know that in many homes, the space under the roof accounts for as much as 30 percent of the overall square footage? Transform this unused room into anything you need it to be, whether that's a study, a playroom, a craft room, or an extra bedroom.

A Home Extension's Benefits

The value of your home will increase immediately after having a Choose home addition built on to it. Reason being, with their cutting-edge styles, you can better regulate the temperature in your home. Your energy bills will go down because of the modern double glazing and long-lasting materials, such as brickwork, that will be used in your extension.

Moreover, draughts and moist areas won't be a problem. Your addition will be completely protected from the elements, with sealed air and watertight doors, windows, and roofs. A well-maintained home addition will increase your home's resale value and ensure that the structure lasts for decades to come.

Also, you won't be confined to a location that doesn't meet your needs. When you use Choose, you'll have complete control over the look and feel of your home addition. The end product is a versatile room ideal for any activity. You'll have a wide range of options at your disposal for improving your home's worth, whether you want to make a new living room, kitchen/dining area, home office, or study.

How Much Value Does A Home Extension Add?

House extensions are a great way to increase your home's value immediately. But, its value will continue to serve you well long after you've moved on to other digs. Numerous homebuyers want extensions to make their new house even better. If you decide to sell your house, you can anticipate receiving more money and more bids as a result of this.

The value of your home could rise by as much as 15% if you build an addition. Hence, if you decide to relocate, you'll have the option of relocating to a nicer dwelling. Nevertheless, if you take good care of your extension, it could have an even greater effect. In this way, a potential buyer might feel good about investing in not only your home, but also in the care you've given it.

Buyers may also be on the lookout for special amenities contained within your addition. So, it is beneficial to develop an individual plan. Many different alternatives are available for your home, and you can modify them to fit your needs. Customise the look with your choice of colours and finishes on features like sliding doors, a skylight, or exposed timber and masonry.

Specific Expenses To Consider

Below, we've compiled the most typical price considerations:

Concept Plans

First, you'll hire a designer (architect or draughtsman) to create a set of blueprints for your upcoming renovation. There is a wide range of prices for a bundle of plans. With a budget of $2,000 to $8,000, a draughtsman may swiftly develop workable blueprints. Depending on the intricacy of your project, an architect may charge anywhere from $15,000 and more to create drawings.

If the builder is to provide an accurate estimate, they will need as detailed of designs as feasible. Overspending is common when planning is inadequate.

Plans And Approvals By The Council

It's possible that your job will necessitate you to get council approval or a building permit. The council usually requests payment before they'll look at your idea plans. If you're planning a house addition, you may expect to pay between $1,500 and $4,000 in permits and building fees. But, these costs may vary depending on your municipality, so be sure to enquire about them.

You should also consider the possibility of additional expenses in the event that your home has unique needs, such as a heritage listing.

Engineer Or Surveyor

Depending on the nature of the project, you may need the expertise of a surveyor or engineer.

Existing Home Reinforcement

Due to the weight of a large attic conversion or single-story addition, the foundation of the existing house may need to be strengthened or altered. Alterations to the supporting walls between the original house and the new one may also be necessary for a ground-level addition.

Windows

The cost will vary depending on factors like the quantity and size of windows you need. Adding skylights is a terrific way to let natural light into a basement or attic conversion, or any other building with a single story. The cost of double glazing will also be extra.

Tiling And Roofing

Tiling will be required for the new roof that is being installed.

Plumbing

Do you plan on updating your kitchen or bathroom? Instead of adding merely a living space or bedroom, plumbing costs will increase the total price of the addition.

Heating/Cooling

Is there a chance that you'll have to have the gas lines extended so that you may use gas heaters in the new part of your house? Are you looking for a cool place to stay? The expense of installing ducted air conditioning and a reverse cycle will rise or fall, depending on the size of your extension.

Interior Fittings And Fixtures

There is a wide range in price between carpet, flooring, and tiles. Which window treatment—plantation shutters, curtains, or roller blinds—do you prefer? Fixtures like sinks, bathtubs, toilets, and showers are also included.

House Extensions That Will Raise The Value Of Your Property

Granny Flat

If your family might benefit from some additional living space, consider building a detached, self-contained dwelling on your land. Renting out a Granny flat, either permanently or on short-term rental sites like Air BnB, is another way to generate revenue.

Building a Granny flat can add anywhere from $30,000 to $100,000 to the price of a home by just adding a bedroom and bathroom.

A Second Floor

Adding a second story to your home is the pinnacle of home improvements and can greatly increase the value of your home. In order to achieve this, the homeowners will need to be adaptable, as it is the most substantial house improvement project. During the time that your home is without a roof, you will have to find someplace else to stay.

One of the most profitable additions, it can enhance your home's value by 30 to 60 percent. More bedrooms, baths, and living areas, as well as the possibility of stunning vistas, contribute to the allure of upper-level Melbourne real estate. Similar to a 'Granny flat,' if it were self-contained, it may be used as a source of supplemental income.

A Home Office

A home office is a wise investment, as more and more people in Melbourne are choosing to work from home, either full time or part time.

Most people agree that a good home office needs its own door, a place to hook up to the Internet, and some sort of data cabling to be truly functional. Up to $100,000 might be added to the value of your home if you set up a fully working office in it.

Loft Conversion

A loft conversion is a less common and often overlooked type of home addition. A loft conversion can add a number of useful square footages to your home, including a bedroom, second living area, or media room, depending on the layout of your existing home.

This extension won't break the bank, but it might add nearly a quarter of a million dollars to the worth of your home.

A Terrace Or Deck

Adding a room that opens up to the backyard is a fantastic strategy for expanding your home.

In the current Melbourne real estate market, a property's appeal increases if it has a sizable and well-designed outside recreational area. Hence, it's a good idea to put money into your house by creating an outside living area. A deck can be used year-round as an outdoor room by covering it completely or partially.

The average cost of a home addition is between $10,000 and $25,000, but the return on investment can be as high as $100,000.

When Planning An Addition, Here Are Some Things To Ask Yourself

What Should Be The First Step?

Every extension job, no matter how big or small, needs an individual plan. As well as increasing the home's worth, this is a chance to enhance its liveability. To get the greatest potential output within the constraints of your budget, it is essential to seek out expert assistance throughout the design phase of the project. The first thing you should do is this.

Draftsperson, building designer, and architect services are usually available, with increasing costs as you move up the food chain. Rather than focusing on the specific occupation of the people you might hire, learn about the task they conduct. Get the advice of acquaintances and coworkers. Be careful to ask prospective designers on your shortlist if they have worked with a brief and budget similar to yours throughout the interview process.

Who Am I Building It For?

This is an important yet frequently disregarded issue. Far too often, people begin an expansion project without first clearly defining their goals.

The project's success depends on your careful consideration of its intended audience and goals. Consider whether your children are young and likely to remain at home for quite some time, or whether they are adults and more likely to leave home soon. To what extent do you wish them to depart, or to stay put for a little longer? If you are nearing retirement and your children have flown the coop, you may be wondering if you really need all that additional room.

Instead of just slamming together a list of concepts you've seen before, your design brief should take into account the specifics of your life. If you take the time to get specific answers to these questions, you'll be well on your way to writing a detailed brief that should assist you avoid spending money unnecessarily.

If We Expand, Is There Enough Space?

The only way to get an accurate response to this enquiry is to examine your own personal requirements. While adding a single bedroom might not take up much square footage, expanding the living area or the kitchen could have a significant impact on other areas of the home, such as the backyard.

By laying out a rough outline of the new areas on your land using rope or other markers, you may get a sense of how much room you will actually require. As a rule of thumb for how big each room should be, you may just look at the ones that already exist. Next take a step back and evaluate whether or not the remaining area meets your needs.

Maybe We Should Go Up?

It may be necessary to create a second story if you can't find enough room for a ground-level addition. When building a multi-story home, you can save precious yard and open space by building up instead of out. Extending upward, however, is not usually the most cost-effective alternative because of the extensive labour required to remove the roof structure, replace it with a new floor structure, and support the new upper-floor walls.

The final form is also an important factor to think about. It's possible that adding a second story to your house will improve its kerb appeal and overall appearance. Nonetheless, you should think about the advantages of hiring a skilled architect or building designer to strike a balance between the practical solutions you need and the aesthetic considerations to avoid the appearance of it being "tacked on."

How Can We Make It More Affordable?

Demolition and its subsequent costs are among the costliest aspects of a renovation. Remember that for each wall that is knocked down, there will be extensive rectification work requiring the skills of multiple tradespeople.

If the wall being demolished is a load-bearing wall, structural adjustments may be necessary, adding significantly to the cost of the demolition. In any case, the wall will need fixing wherever it intersects the floor or ceiling, regardless of whether or not it supports weight. Carpenters, painters, and plasterboard experts, among others, are needed in each scenario.

Furthermore, depending on the impacted rooms, you may also need electricians, ceramic tilers, plumbers, or wood floor installers. While developing an addition, give careful consideration to removing as few existing walls as possible.

Whether you go through with a house addition is entirely up to you. But, there are numerous advantages to extending your property, such as providing you with the ideal amount of space in the ideal location and increasing your options for making your home brighter and more airy. It's important to think about the cost, although many people believe that house additions are well worth it if you have the capital for the project.

Conclusion

The home expansion increases comfort and value. Before expanding, decide. Newly loosened planning laws allow homeowners to renovate. A standard extension takes three to four months, whereas a double-height rear enlargement takes six months. Each expansion matches a dwelling type.

Make a place for a ground-level expansion. Adding on can add space for an expanding family, an outdoor dining area, or a more functional kitchen and utility room. Add a bedroom, study, or two bathrooms. Certain house additions improve energy efficiency and temperature management, enhancing property value immediately. Weatherproofing doors, windows, and roofs keep the extension dry.

Select enables you to customise every part of your new house, making it comfortable and functional. Well-maintained expansions can add 15% to a home's value. Hiring an architect or draughtsman to sketch, receiving council approval or a construction permit, paying permits and building fees, and engaging a surveyor or engineer all affect the cost. Foundation reinforcements and supporting wall changes may be needed. Skylights, double glass, plumbing, ducted air conditioning, carpeting, and tiling increase the home value.

The vertical building saves yard space. However, building upward is expensive since it entails removing the roof framework, replacing it with a floor structure, and supporting the upper-story walls. Results matter. Demolition is expensive. Carpenters, painters, plasterboard professionals, electricians, ceramic tile experts, plumbers, and hardwood floor installers are needed.

Content Summary

• If you want to increase your home's value or want to make it more comfortable, it may be wise to consider a home addition.
• In addition, adding square footage to your home will enhance your quality of life there.
• Depending on the improvements you have in mind for your home, some properties and plots may need to be more suitable for expansion.
• Contact a professional home extension designer, like Framemaster, once you've established that an extension is possible and have a general idea of how your new addition looks.
• Building a basic addition to a building should take about three to four months.
• As a ground-level addition increases the footprint of your house, you need to ensure that you have adequate room on your property.
• Adding a single story can provide enough square footage for a new bedroom, study, or even a couple of baths.
• Consider converting your attic to make the most of the living area you already have.
• Transform this unused room into anything you need it to be, whether that's a study, a playroom, a craft room, or an extra bedroom.
• The value of your home will increase immediately after having a Choose home addition built on to it.
• A well-maintained home addition will increase your home's resale value and ensure the structure lasts for decades.
• When you use Choose, you'll have complete control over the look and feel of your home addition.
• You'll have a wide range of options for improving your home's worth, whether you want to make a new living room, kitchen/dining area, home office, or study.
• House extensions are a great way to increase your home's value immediately.
• The value of your home could rise by as much as 15% if you build an addition.
• Nevertheless, if you take good care of your extension, it could have an even greater effect.
• Many different alternatives are available for your home, and you can modify them to fit your needs.
• First, you'll hire a designer (architect or draughtsman) to create a set of blueprints for your upcoming renovation.
• If you're planning a house addition, you should pay between $1,500 and $4,000 in permits and building fees.
• Depending on the nature of the project, you may need the expertise of a surveyor or engineer.
• Due to the weight of a large attic conversion or single-story addition, the foundation of the existing house may need to be strengthened or altered.
• Instead of adding merely a living space or bedroom, plumbing costs will increase the total price of the addition.
• If your family might benefit from additional living space, consider building a detached, self-contained dwelling on your land.
• Building a Granny flat can add anywhere from $30,000 to $100,000 to the price of a home by just adding a bedroom and bathroom.
• Adding a second story to your home is the pinnacle of home improvements and can greatly increase the value of your home.
• Like a 'Granny flat,' if it were self-contained, it may be used as a source of supplemental income.
• A home office is a wise investment, as more and more people in Melbourne choose to work from home, either full or part-time.
• Up to $100,000 might be added to the value of your home if you set up a fully working office in it.
• A loft conversion is a less common and often overlooked type of home addition.
• A loft conversion can add some usable square footage to your home, including a bedroom, second living area, or media room, depending on the layout of your existing home.
• Adding a room that opens up to the backyard is a fantastic strategy for expanding your home.
• Hence, it's a good idea to put money into your house by creating an outside living area.
• To get the greatest potential output within the constraints of your budget, it is essential to seek expert assistance throughout the project's design phase.
• Get the advice of acquaintances and coworkers.
• The project's success depends on your careful consideration of its intended audience and goals.
• Instead of just slamming together a list of concepts you've seen before, your design brief should consider the specifics of your life.
• If you take the time to get specific answers to these questions, you'll be well on your way to writing a detailed brief that should assist you in avoiding spending money unnecessarily.
• The only way to get an accurate response to this enquiry is to examine your requirements.
• While adding a single bedroom might not take up much square footage, expanding the living area or the kitchen could significantly impact other areas of the home, such as the backyard.
• By laying out a rough outline of the new areas on your land using rope or other markers, you can see how much room you will require.
• Next, take a step back and evaluate whether or not the remaining area meets your needs.
• Create a second story if you can't find enough room for a ground-level addition.
• When building a multi-story home, you can save precious yards and open space by building up instead of out.
• Extending upward is not usually the most cost-effective alternative because of the extensive labour required to remove the roof structure, replace it with a new floor structure, and support the new upper-floor walls.
• It's possible that adding a second story to your house will improve its kerb appeal and overall appearance.
• Nonetheless, you should consider the advantages of hiring a skilled architect or building designer to balance the practical solutions you need and the aesthetic considerations to avoid the appearance of it being "tacked on."
• Demolition and its subsequent costs are among the most costly aspects of a renovation.
• If the wall being demolished is a load-bearing wall, structural adjustments may be necessary, adding significantly to the cost of the demolition.
• While developing an addition, carefully consider removing as few existing walls as possible.
• But there are numerous advantages to extending your property, such as providing you with the ideal amount of space in the ideal location and increasing your options for making your home brighter and airier.
• Considering the cost is important, although many believe that house additions are well worth it if you have the capital for the project.