There are many reasons why your home’s existing space may no longer be enough. For instance, you might have picked up a new hobby that requires more space or you may be expecting a new addition to your family. No matter the reason, this dilemma is a common one faced by many homeowners. Two of the most immediate solutions

to such a problem are house extensions and moving to a new home. In this post, we take a closer look at the advantages and disadvantages of either option to help you decide which is better for you.

Pros and Cons of House Extensions

House extensions often involve knocking down one of the walls and building an additional room on the side of your house. Some of the pros and cons of such an approach include:

Pros of House Extensions

  • Preserving Emotional Connections: If you have a deep emotional attachment to your existing home, such as if it has been a family home for many generations, an extension can help you preserve this connection.
  • Increase in Property Value: A house extension can also potentially increase the value of your home if you eventually decide that you want to sell it.

 Cons of House Extensions

  • Disruption During Construction: While your house extension is being built, you might experience disruption to your daily life as a result of the construction works.
  • Potential Cost Concerns: House extensions can potentially be costly depending on the scope and scale of the project.

Pros and Cons of Moving

On the other hand, many homeowners simply move to a new place when their existing home is no longer big enough for their needs. This approach can also have pros and cons, including:

Pros of Moving

  • Immediate Space: Once you move, you will be able to immediate enjoy your new living space without having to wait for any construction works to be completed.
  • Potential for Investment: If you move into a larger home or to a better area, you can also potentially enjoy better long-term financial returns in a rising property market.

Cons of Moving

  • Moving Costs and Hassle: Moving homes can be a very troublesome process that may lead to you incurring additional moving costs. There are also many other costs associated with selling your home and buying a new one, such as agent fees, stamp duties and more.
  • Adjustment Period: It may take some time for you to get used to a new neighbourhood and new living environment.

House Extensions with House Design Solutions

If you’ve decided to opt to extend your house instead of moving, it is crucial for you to work with a contractor that specialises in house extensions for greater peace of mind. At House Design Solutions, our team of experts has decades of experience in helping homeowners in Melbourne with house extensions, drafting services, knock down rebuilds and more. For a free, no obligation consultation, contact us today!