Is It Better to Move House or Extend in 2023? Pros, Cons, and Costs.

Is It Better to Move House or Extend? A Comprehensive Guide for 2023

Are you considering whether to move house or extend your current property? The Covid-19 pandemic has left many of us craving more space, but with rising house prices, the decision can be challenging. At The Builders, we understand the importance of making an informed choice. In this guide, we'll weigh the pros and cons of both options and provide valuable insights to help you decide what's best for you and your family.

The Benefits of Extending Your Home

Adding an extension can increase both the value and space of your home. However, it's crucial to carefully consider the associated costs. Our guide will help you assess the benefits and drawbacks, allowing you to make an informed decision that aligns with your family's needs and priorities.

TSB's research reveals that despite concerns about new planning laws causing disputes among neighbours, 41% of homeowners would still choose to extend instead of moving house. The cost of moving is a significant factor influencing this decision. Building an extension eliminates expenses such as stamp duty and legal fees, making it an attractive option.

James Ginley FRICS, Technical Director at Legal & General Surveying Services, emphasises the value-generating potential of tasteful extensions and modern open-plan living areas. Adding floor area can significantly enhance the appeal and functionality of your home.

Analysing Costs and Considerations

Our guide delves into the specific costs associated with various types of extensions, including single-storey extensions, loft conversions, and conservatories. We provide estimates and highlight factors that can affect prices, such as location and demand. From planning permission to architectural drawings, we cover essential considerations to help you budget effectively.

Comparing Home Extensions Worth the Investment

Not all extensions yield the same value for your property. Whether you're considering a single-storey extension or a loft conversion. We encourage you to explore different options and select the one that suits your requirements and budget.

Understanding Permitted Development Rights

You may or may not require planning permission for your extension project. By familiarising yourself with these regulations, you can ensure a smooth and compliant extension process.

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Making the Decision: Move or Extend?

Ultimately, the decision to move or extend depends on your unique circumstances. You have to weigh the benefits and drawbacks of each option. While extending your current property offers cost-effectiveness and convenience, moving to a larger home may be more suitable for certain needs.

Compare Removal Company Costs and Save

If you decide to move house, we recommend comparing removal companies to find the best deals, making your move more affordable and stress-free.

what our clients say

  • Building side extension

    I am very pleased with the finished result. Dominic and his team worked conscientiously and well. They were friendly and helpful. They cleared away the inevitable mess regularly. Dominic kept in touch constantly and let me know what was going on.

    modo My Builder

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Langley Manor,
The Office,
Rock House Lane,
Torquay, TQ1 4SY.

Telephone 07732 748040

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