Thursday 29th September, 2016
Having a home extension can help you transform a good home into a great home, whether it's for your own lifestyle or to entice potential buyers. Adding extra rooms are an obvious way to increase the value of your home, and to increase the liveability and versatility of your living space.
Yet there are a few things you should take into consideration before you embark on building a home extension. It can be a lengthy, costly and disruptive process, so you'll need to make sure you're getting what you really want and won't make any mistakes. This guide will tell you everything you need to know and help you to avoid any potentially costly errors with your budget, builders or insurance policies.
What do I need to know when I'm planning to build a home extension?
Although you'll need to take into account many factors before you get to work, there are a handful of things you should never start a home extension without being completely sure about. Most importantly, you'll need to know your budget, you'll need to know if you require planning permission, and you'll need to contact builders and possibly an architect to make sure all costs are catered for and everybody is working from the same page. You should also try to estimate as closely as possible the time that building your extension would take, and set a clear timeframe - building an extension can be hugely disruptive to your day to day life. Nobody wants to live on a building site!
How much value can an extension add to the value of my home?
This depends on a huge number of factors, but around 11% is a popular figure for complete extensions. If you want a more exact figure, you can always talk to a surveyor. Pick from a range such as the Extensions Plus Collection from Ultraframe where detailed quotation is given upfront, making such costings easier.
However, if you're building an extension primarily to increase the value of your home, there are a few things you should consider. Your extension could take value off of your home as well as add it on if, for example, you reduce your garden to too small a size, or compromise your parking, in the process.
Can getting an extension affect my home insurance?
Getting a home extension will affect a number of things in your home insurance policy. While these can vary from insurer to insurer and extension to extension, you should always contact your insurer before any building work has begun, to tell them exactly what you are planning. In general, you'll probably have to pay more for your policy to increase cover and the cost of rebuilding your home, but it's important to make sure you disclose everything, otherwise you may find that your insurer won't pay you if anything goes wrong. You can, however, also add legal cover to your policy, giving you some peace of mind as work on the extension begins, and protecting you from any damages or the results of poor workmanship.
If you choose one of our Ultraframe Ultra Installers they can give you complete peace of mind and will ensure that from planning to completion the home extension is perfect. Ultra Installers are quality conscious, service orientated companies who have applied for Ultra Installer Scheme membership, ensuring that your investment will give you many years of pleasure to enjoy with your family. You can pick from a range such as the Extensions Plus Collection from Ultraframe where detailed quotation is given upfront, making such costings easier.