The social style of living spaces and residential architecture moves slowly but it has taken a shift. You may remember the Ikea advert “you will always find him in the kitchen at party’s” well that’s because the kitchen has become the social nucleus of the house as opposed to the living room or lounge as it traditionally was. Many people now opt for a more sociable large kitchen/dining/living space as opposed to separate smaller rooms.
2. Give yourself and your family the space you need
Have better quality family time by increasing the living spaces or add an extra bedroom for the new arrival. Turn your loft into a separate living space for the grandparents or the teenage child. Extend the master bedroom and include an en-suite bathroom to give yourself some privacy.
3. Stay in the Neighbourhood you love
Perhaps you live in the perfect location but have outgrown your home. Don’t want to move the kids out of school, have a beautiful view from your bedroom window, walking distance from work or you are the head of the neighbourhood watch. #improvedontmove
4. Tailored to you
Maybe your home is perfect except what you always wanted is a bigger master bedroom with a walk in wardrobe. Make it happen, you are in control of your home’s destiny.
5. Avoid the cost and hassle of moving
The headache of moving house can be too much to bare thinking about for some. Estate agents, surveyors, conveyancing, removals and stamp duty all come at a significant cost. Research found that in 2014 the average cost in the South East to move house was £16,000 and £28,000 in London and with the new stamp duty rates recently coming into effect, now is an even better time to stay put.
6. Optimize your existing space
Ever wondered why your loft is so big or why there’s so much space under the stairs? Well wonder no longer and utilize it for something useful. With some clever design and space saving furniture you may be able to turn your loft into a bedroom or your under stairs cupboard into a bathroom.
7. Make money leasing the extra rooms
With house prices rising and rental market so strong, many young non-home owners are turning to lodging a furnished room. It’s easy to find a lodger with many dedicated websites out there, which in some cases vet the candidates for you. According to Spareroom.co.uk the average UK room rent was £591 per month. An alternative to this would be to build a separate outbuilding and lease it as an office to a small local business.
8. Increase the efficiency
Modern technologies can help reduce the running costs of your home and increase the quality of living. For example new windows with higher insulative qualities, underfloor heating provides a more efficient method of warming a room, solar panels and battery packs can take you off the grid.
9. Increase the value of your property
Probably the most obvious reason and most popular choice to extend or renovate your house. The peer to peer lending company zopa reported a 71% average return on interest on home extensions in 2014. To calculate your ROI get an estate agent to value your house and ask them how much they expect it to sell once the works are complete. Your ROI is the difference in these two figures minus the cost of the works.
10. It may be easier than you think
It can be a scary and daunting thought to carry out building works if you have never done so before, but if you hire the right people, it can make the process much smoother. A good architect will walk you through the design process and deal with all submissions to local authorities, provide rough build costings, produce technical construction drawings, deal with engineers and other consultants and even help you to choose a builder.
At CAD UP we are dedicated to turning houses into dream homes. Contact us for a free consultation today.