I’m writing this blog because this is easily the number 1 request that the team here at Feathered Edge has heard in recent times. As house prices have risen, our clients have come to us with one conundrum in common. In the face of a growing family, or similar predicament; they want to expand their existing property, for better value or more cost-effectively than they would see from seeking a move into a larger home. So, here I’ve laid out some options to ponder, and included a rough outline of the costs you might expect to pay to extend your residential living space.
single storey house extension
Often families choose to extend their home outwards from the kitchen, or living space on the ground floor. If you have the land to play with then this is a great option as it can enable you to bring more light into the space, and you might be surprised by how much space can be added under permitted development rights. As long as you meet the size criteria and use matching materials, you can even build rear extensions in conservation areas.
You will need to budget £1200-1500 per square meter for building work to give you a finished room with basic light and heating (up to £3,000 per square meter for higher specification finishes). Wall and floor coverings, fixtures, fittings and furnishings are all additional to this cost. Smaller extensions tend to cost more; and clay, peat, lots of trees in the vicinity or sloping ground will make for higher foundation costs too. Roughly speaking, your costs should split 50/50 between construction and interior, and savings can usually be made on interior finishes.
two-storey house extension
This option comes with more complex planning rules. However, given the permission and budget, you will get much more space into your home – and for considerably less than double the cost of adding a ground floor extension.
First floor spaces are usually bedrooms and bathrooms, so the design demands are greater here, to work out any awkward or wasted spaces (rooms without windows, for example). Adding a first floor can also restrict daylight into the space below. These issues are easily solved by recruiting a skilled designer or architect.
Converting your loft brings all of the benefits of added space with a clear separation from the rest of your home. For example, for those who want a home office to forget about at the end of the day, those with older children who need their own space – or those who want a large, luxurious bedroom with a dressing room and ensuite. We’ve also noted a trend for adding a terrace to a loft space, to provide more outdoor space.
On average, a basic, standard specification loft conversion will start at around £45,000 (construction cost); unless you’re converting an existing space, in which case your cost may settle down at around £30,000.
Take care with the decision to convert your loft if you plan on eventually selling your property. Note the ceiling price of properties on your street – you need the value of your house to increase at least by the cost of your entire loft conversion. By spending too much, you may over-value your house and struggle to make a profit on its sale. A handy formula is to look at the overall cost of the loft conversion added to the value of your home; then compare that figure to the cost of moving house to a property in the same area.
Another ideal option for those wanting a space that they can close the door on at the end of the day, a garden room is great for work, play or storage. Take a trip to your local DIY store and you can pick up a self-assembly shiplap timber model for less than £1,000! Many companies provide an installation service but you’ll usually need to prepare a base for your building to sit on.
Alternatively, Feathered Edge will take care of all aspects of design and construction, customising rooms to suit your needs from £1,000 per square meter. These rooms can be fully insulated, can feature kitchens and bathrooms and can even be completed with interior finishes, utilities and security systems. If planning permission is required, we can also refer you to a specialist partner who will help you navigate through the process.
so, when you need more space …
There are plenty of options to consider. Watch out for our forthcoming blogs for greater detail on planning permission, design and other considerations surrounding the above options. In the meantime though, give us a nudge on 01132432934 if you have a vision that we can turn into a reality!