As your family expands, so does your need for space. If you need another bedroom, a bigger kitchen or even a home office, the age-old question arises: “Do we need to build a new home or do we just need Gold Coast building renovations?”
In this blog post, we weigh up your options for some food for thought as you make this important decision.
Extending Your Existing Home
Adding on to your current home offers the most cost-effective solution to your need for more space. A further plus is that these renovations will add to the value of your property. Home extensions are usually the fastest route to a new expanded space.
A few considerations when opting for this route are that you are limited by the existing layout of your home and the amount of free space available for expansion.
Building a New Home
Building a new home offers many advantages, including:
- Location: You can choose an ideal setting for your new home, close to work, schools and other amenities you prefer.
- Design: You have the freedom to design a dream home that suits your family’s needs and preferences.
- Modern: A new home can be built using the latest in building materials, technologies and energy-efficient features, which will save you a great deal of money in the long run.
On the downside, the cost of building a new home will be significantly higher than extending your current home. The process from conception to completion is time-consuming, with the potential for unexpected delays.
Factors to Consider
- Budget: Assessing your financial status will help you determine what funds you have available for this project.
- Timeline: How soon you need the additional space must be considered.
- Lifestyle: To help you decide, explore your family’s current and future needs, such as the number of bathrooms and bedrooms or a home office or workshop.
- Local Regulations: Investigate local laws around home extensions to ensure your plans fall in line.
Contact Varli Building today to help you weigh up your Gold Coast building renovation options. Our expert team has over 20 years of experience in building and renovations.