Four reasons to renovate your current home

Deciding whether to renovate your current home or to purchase another property is an extremely important and complex decision that will impact your long-term financial position (no pressure). Here are four reasons why a ground floor extension could be a more viable option for you, your wallet and your sanity.

No major inconvenience

Firstly the inconvenience caused by tradies working busily at your house in the early hours of the morning is nothing in comparison to the awkwardness of arranging temporary accommodation i.e. living with your in- laws. Yes, its rent free but now you have to continually stop your dog from sitting in your father in law’s favourite seat and contain the noise your kids make after 7:30pm because your in-laws have gone to bed. Sure, you could do this for one or two weeks even a month… but could you do this for the time it takes to build a new house.

Memories

Secondly, you look at your kids now and they are nearly adults… well they talk back, eat like adults and cost you a fortune but long ago they were sweet innocent little angels and certain parts of the house remind you of those precious moments like the area in the living room where your son used to like crawling around on the floor. You might not be prepared to part from those memories just yet and you won’t need to if you decide to complete a ground floor extension instead of moving to a new home. 

Costs

Thirdly it’s understandable for a move to be expensive, but the costs of moving can stack up and place unnecessary extra pressure on your family’s income for the medium to long term. 

Here are some examples:

·         Storage costs,

·         Solicitor costs… every time they have to send an email and/or have a conversation with someone you will hear a ‘cha ching’ sound in the air.

·         Inspection costs,

·         Real estate agent costs,

·         Mortgage payments and changes to your mortgage and

·         Government taxes.

·         Accommodation costs (for when your in-laws ask you to politely leave).

After all the stress of moving you will need a holiday, unfortunately you won’t be able to afford one for at least five years. So this is why a ground floor extension starts to sound more appealing as it reduces the risk of increased expense.

Buying a home Sam built

Lastly, Sam is the person that built the house you are considering to buy. He didn’t have to take into account your growing family’s needs so that’s why the kitchen Sam built has two seats around the breakfast bar. You currently have four and you end up standing up and eating your breaky most of the time. When you complete renovations on your own home, you can design and change your current space to fit your exact needs instead of trying to fit your family’s lifestyle into a house that doesn’t really suit. Thanks but no thanks Sam.

So for this reason ground floor extensions are a viable option when assessing the growing needs of your family. Ground floor extensions give you more options; you just need someone with the expertise to show you your homes true uncapped potential.

Jakanda is an Australian owned company based in the Penrith area of Sydney (Building in the greater Western Sydney region). Since Jakanda’s commencement, they have constructed hundreds of projects, including ground floor extensions. Click here  for further information or if you prefer you may call one of the owners Terry Becker on 0404 475 230.