Palm Beach Home Extensions

Palm Beach is about as close as you can get to paradise on the Gold Coast, so it’s no wonder that the prices of properties are continuing to increase. For this reason, many Palm Beach homeowners are choosing to build home extensions rather than sell and upgrade to a bigger home. In this blog we discuss some of the benefits of home extensions Palm beach, as well as explore some potential indoor and outdoor house extension options that could transform your Palm Beach Home.

 

Benefits of Home Extensions

To start off with, let’s delve into ways in which home extensions can be a beneficial investment.

One of the reasons many people, especially families, choose to build an extension rather than selling up is because it allows them to remain in the place that they have familiarised themselves with and grown to love. Moving homes could also mean a change of routines such as the school run or commute to work.

Building an extension to your home also allows you, as homeowners, to plan and design your layout rather than settling for a house that isn’t your dream home. You can plan if you would rather have a bigger living and entertaining area or an extra bedroom, home office, or even a home gym. Home extensions allow you to create the perfect home to suit your needs and lifestyle.

Another major benefit of house extensions (which may be the biggest of all) relates to costs. Building an extension, if done properly by qualified builders, will increase the value of your property (which by the looks of the real estate market will continue to increase in the coming years). Additionally, it often also works out to be cheaper than selling and moving houses. By extending your home rather than selling, you avoid many costs such as real estate fees, legal fees, stamp duty, moving costs and not to mention all the time and effort that goes into selling a property.

Types of Home Extensions

Now that you have a better idea of how building an extension to your house can be a beneficial investment, let’s discuss some of the different ways you could extend your home. At the end of the day, the type of extension you choose largely depends on the size of your property and your lifestyle.

Ground Floor Extensions

Ground floor extensions are great if you own a decent size property. Many homeowners are happy to sacrifice a section of their backyard for some extra space inside. Homeowners commonly use this type of extension to add an extra bathroom, bedroom, or a home office. They are also an excellent way to extend the living room and open up the house to the outside by building an indoor-outdoor area.

Granny Flats

Granny flats make a great addition to any home given the size of the property isn’t too small. They are a great investment as you could potentially rent it out to a friend or third party without feeling as though you have an additional person living in your home. Alternatively, they can also be used as a home office or make a perfect bedroom for a teenager.

Second Story Extension

For those of you who have a smaller sized property or don’t want to sacrifice your back yard space, then a second story extension may be the perfect fit for you. With these types of extensions, you can use the upstairs space to add additional bedrooms and bathrooms to your home and renovate the downstairs area to extend the living and dining rooms. Alternatively, you could build the second story to essentially function as a separate apartment that you could then in turn rent out and generate a revenue stream from.

 

The above mentioned are only a few examples of the ways you may want to extend your home. If you would like to find out more about home extensions, then be sure to get in touch with Purcell Home’s. We have a team of qualified builders who are experts in their trade to help guide you through the process of building an extension at your Palm Beach home. Contact us today by calling 0430 370 089 or email us at [email protected]. Otherwise, visit our website to learn more about the services we offer.