There are many reasons as to why a family may look to move home. The following guide drills further into the consideration that a family may be looking to move for additional living space. Growing families mean that every space within our homes are fully utilized. Careful consideration is offered to multifunctional usage of space, space-saving and other quirky ideas as to how we can get the most from our home.
What happens when all of these areas have been used to their full potential? Individuals are faced with the decision as to whether they should move home or extend their existing property. Many factors play a pivotal role in the decision-making process. These may include location, convenience, familiarity or cost implications.
The growing costs of moving home is well publicized and needs to take into consideration the following elements. Any individual seeking to move home will need to forecast financially for real estate agent fees, solicitor fees (for buying and selling), survey fees, stamp duty payments and possible improvement costs or essential repairs to the new property.
Whilst any essential repairs or improvement costs will offer an improved appearance, all of the other associated costs are lost in the process of moving home. Such fees can be crippling to individuals and can often dictate whether or not it is even possible to consider moving.
If you are left with no alternative other than to extend, or in fact an extension is what you would like to do then there are elements that need considering. Make sure to spend time considering the relative property values for the housing surrounding yours. It may be that there is a ceiling price for your area. This may not be too much of a consideration if you are living in the home for a very long time but should be considered if you may move within a few years. Resale values can be effected and it is important that the outlay into the extension provides value for you as an individual.
If you are looking to extend your home it is important that you consider the essential facilities within your property. Consider how many bedrooms you will have and make sure that you have adequate facilities to accommodate these.
Another consideration is to ensure that there is no imbalance between bedrooms and living space. It is an obvious statement but the likelihood is that if you need more bedrooms you will need more living space in order to accommodate those additional family members.
If you carefully consider the above elements it is inevitable that you will end up with a superior result. Time invested in ensuring your design is correct and will facilitate your family's needs will pay dividends. Additional living space will provide your family with a better quality of living and will in turn offer an asset that you can benefit from when selling your property.
