Move up or Move out

Yes – it can be challenging deciding whether to move to a new home or remain in your current one and add on when it comes to home improvements. Moving out may be a possibility, but adding a second story to your current house might offer a number of differentiating advantages that make it a more appealing choice.

The financial reductions for instance are one of the key advantages of staying in your current home and adding a second floor. Investing in a new house can be expensive when you add up moving charges, stamp duty, and real estate agent commissions, it can all soon mount up. Once your second storey extension is built and all of the desired alterations are complete you can then just enjoy staying in your current home without paying these additional costs.

Another advantage of adding a second floor is that you can design the area to suit your individual requirements and tastes. When you move into a new home, you might need to make exceptions for things like the layout or the amount of bedrooms. You can completely customise the design and layout of the area with a second storey extension to make sure it meets your needs and changes of circumstances, such as building extra rooms for your growing family, adding a parents retreat or rumpus room for instance.

Making adjustments and enhancing your existing home allows you to continue to live in the neighbourhood and community that you have come to love thanks to a second-floor addition. Moving to a new location may be upsetting, especially for families with young children who have developed friendships and involvement in local activities. You can go on by staying put and building a second story.

The construction of a second story might also be a wise financial move. In addition to raising the value of your house, it also adds square meterage.  These days we have been building separate self-contained studios on the upper level!  In the long term this area could be used as a separate living place for ‘growing up fast’ family members.

For homeowners who decide to make alterations to their present property, a second storey addition is a fantastic choice.

Its worth taking into account the advantages of moving up rather than out with a second storey extension if you start considering whether to just buy a new home.   The new space can be customised to your particular needs, you can stay in your existing neighbourhood and your existing yard and garden size won’t be compromised and can remain the same.

With all of these advantages, it will definitely turn out to be a good investment in the long run.