Moving House Vs. Home Extension: Which One Is Right For You?

Wednesday, May 24, 2017

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If you're starting to feel like your home is too small for you and your family, you’ve probably considered moving and where you’d like to move to. However, getting a home extension is also a viable option you should consider before you decide to go through the hassle of moving somewhere new and getting settled. Both options come with their own pros and cons: here are some things to consider so you can make the right choice for you.

Moving House
Moving house can be both stressful and exciting, depending on where you want to move to. Whether you’re moving down the road or a few towns away, you’re going to feel a range of different emotions. Moving could mean you can be closer to your family, but it can also mean you get further away from them. Moving house also comes with a multitude of different costs, which is why many people stay where they are for a good 5 years or more. You have surveys and conveyancing to consider, as well as making sure you hire a reputable removals company, and other things associated with moving. Some people get attached to their homes, but once you've outgrown it, it could make sense to say goodbye and make new memories elsewhere. 

Getting An Extension
A home extension could be a great option for those who don’t want to lose a home their children grew up in, or one where they made a ton of happy memories. It can make your home more practical and beautiful, and even add value if you do decide to sell it later on. However, getting an extension presents a few expenses and issues too. You need to make sure you can get planning permission. You also need to make sure you’re not hindering your neighbours in any way, or turning your home into an eyesore that people just don’t want to look at. It would be heartbreaking if you spent time and money transforming your home, only to be told to tear it down later on. 

Moving Vs. Extending
Let’s take a look at a list of broken down pros and cons for each option to help you figure out the right move for you to take!

Moving Pros
  • Start fresh in a brand new home.
  • Can choose a more convenient location in terms of friends, family, amenities, and schools.
  • Could be a good option for those who have traumatic memories. 
  • More space for your family, or your future family.

Moving Cons
  • Lose something sentimental to you.
  • Very expensive when you take everything into account.
  • Lots of paperwork
  • Could mean being further away from friends and family.
  • Could mean kids have to move schools
  • Can be stressful for pets. 

Extending Pros
  • Create your dream home.
  • Can be cheaper than moving, with less paperwork. 
  • Create more space for your family without moving.
  • Stay in the location you’ve grown to know and love. 
  • Extending Cons
  • Need planning permission and to stick to building regulations.
  • May need to hire professionals e.g. an architect for the design and a builder for the work. 
  • You may be limited depending on the period of your home and the space you have. 
  • Can disrupt your home life.

Which one is right for you? Would you rather extend, or pack your bags and move somewhere new?

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