Building Up or Extending Out: Cost-Effective Solutions
In this article, we’ll discuss the pros and cons of both second storey additions and ground floor extensions to help you determine which option is the most affordable for your unique situation. We’ll also touch on aspects such as the return on investment, disruption during construction, and the long-term benefits of each option to give you a comprehensive understanding of what to expect.
Second Storey Additions
Second storey additions involve building an additional level on top of your existing home. This type of extension is popular in urban and suburban areas where land space is limited. Here are some of the factors to consider when deciding if a second storey addition is the most cost-effective option for you.
Pros of Second Storey Additions
- Maximises Land Space: If you have a small backyard or limited land space, a second storey addition is an excellent way to add more living space without sacrificing outdoor areas. It allows you to retain garden space, which can be especially valuable if you enjoy outdoor entertaining or if children or pets need room to play.
- Less Disruption: Since the work is primarily done above the ground floor, second storey additions can be less disruptive to your daily life than ground floor extensions. You can continue living in your home during the construction process, which can save you the cost and inconvenience of temporary relocation.
- More Affordable than Moving: If you love your current location and don’t want to uproot your family, a second storey addition is a more cost-effective option than moving to a larger home. Moving involves expenses like real estate commissions, moving costs, and potential renovations in a new home, which you can avoid by extending your current property.
- Potential for Better Views: By extending upwards, you may be able to take advantage of better views that were previously blocked by other buildings or trees. The elevated position can also offer increased privacy, as it is harder for passersby to see into second-floor windows.
- Confidence in a Fixed Cost: Building a second storey addition on top of your existing home is a more cost effective solution and as there aren’t any unknown costs as there is no ground floor works (eg. soil removal/excavation unknowns) it gives you the confidence of knowing your build cost – is your build cost.
Cons of Second Storey Additions
- Structural Constraints: Building a second storey addition requires careful consideration of the structural integrity of your home. If your home was built on steel frames, then it may not support a second storey addition or, you may need to reinforce the existing structure, which can significantly add to the overall cost.
- Limited Floor Plan Options: When extending upwards, the floor plan of your new level will be restricted by the layout of the existing floor below. This can limit your design options.
- Potential for Disrupting Neighbours: If you live in close proximity to your neighbours, a second storey addition may cause disruptions and inconvenience to them, leading to potential complaints and delays. Construction noise, dust, and the presence of construction equipment can all affect neighbour relations.
- Height Restrictions and Permits: Depending on your local council or municipality, there may be height restrictions that limit how high you can build. Obtaining the necessary permits for a second storey addition can be more complex and time-consuming than for ground floor extensions.
Ground Floor Extensions
Ground floor extensions involve building outwards from your existing home. This type of extension is popular in suburban and rural areas, where land space is more readily available. Here are the pros and cons to consider when determining if a ground floor extension is the most cost-effective option for you.
Pros of Ground Floor Extensions
- Unlimited Floor Plan Options: With a ground floor extension, you have more flexibility with your floor plan since you’re not constrained by an existing structure. You can create an entirely new space that suits your needs and budget. This also allows for the addition of modern features such as open plan living areas, large windows, and bi-fold doors that open to the garden.
- Easier to Obtain Permits: In some areas, obtaining permits for a ground floor extension may be easier and less expensive than for a second storey addition. This can be due to fewer concerns about privacy and overshadowing of neighbouring properties.
- Better for Aging in Place: If you plan to live in your home as you age, a ground floor extension can provide you with a more accessible living space on one level. This is particularly beneficial for those with mobility issues or for those planning to age in place without the need for stairs.
Cons of Ground Floor Extensions
- More Disruption: Ground floor extensions can be more disruptive to your daily life since the work is being done at ground level. You may need to make alternate living arrangements during construction, which can add stress and additional costs.
- Less Yard Space: Since ground floor extensions take up more space on your property, you may have to sacrifice some outdoor areas or landscaping. This can impact your outdoor living space and may require a redesign of your garden or outdoor entertainment areas.
- More Costly: In general, ground floor extensions tend to be more expensive than second storey additions since they require more materials and labor. Foundation work can be particularly costly, especially if the ground conditions are challenging or if extensive excavation is required and some of the costs here can be unknown until construction has commenced.
- Zoning and Setback Requirements: Local zoning laws may dictate how close you can build to property lines, which can limit the size and shape of your ground floor extension. Setback requirements can significantly impact the design and feasibility of your project.
How to Determine the Most Cost-Effective Option for Your Home
When deciding whether to extend up or out, it’s essential to consider your specific circumstances and budget. Here are some factors to consider when determining the most cost-effective option for your home.
- Existing Structure: If your home is already structurally sound and can support a second storey addition, this may be the most cost-effective option. However, if you need to reinforce the existing structure, the cost of a ground floor extension may be more affordable.
- Local Building Regulations: Before deciding on a second storey addition or ground floor extension, it’s crucial to research local building regulations. Some areas may have restrictions on the height of the home or the percentage of the lot that can be built on. Compliance with these regulations can influence both the feasibility and the cost of your project.
- Size of Your Current Home: If you have a smaller home, you may get more value for your money by adding a second storey. However, if you have a larger home, a ground floor extension may be the more affordable option. The size and layout of your current home can also affect how easily it can be extended in either direction.
- Your Budget: Ultimately, your budget will play a significant role in determining whether a second storey addition or ground floor extension is the most cost-effective option for you. Consider the cost of materials, labor, and permits when making your decision. It’s also wise to include a contingency fund for unforeseen expenses that may arise during the construction process.
Other Factors to Consider
When deciding whether to extend up or out, there are some other factors to consider, besides cost. These include:
- Timeframe: If you need additional living space quickly, a ground floor extension may be the better option. Second storey additions tend to take longer to complete due to the complexity of building upwards and ensuring the existing structure can support the addition.
- Resale Value: While both second storey additions and ground floor extensions can add value to your home, it’s essential to consider which option will provide the most return on your investment. Think about the trends in your local real estate market and how future buyers might view the added space.
- Lifestyle Considerations: Your family’s lifestyle should also be a factor in the decision-making process. If you have young children or plan to grow your family, the layout and accessibility of the new space will be important. Likewise, if you entertain frequently, the flow between indoor and outdoor areas may influence your choice.
- Energy Efficiency: Extending your home provides an opportunity to improve its energy efficiency. Consider the orientation of the new addition, the potential for natural light and ventilation, and the type of insulation and windows you will use. These can all have long-term impacts on your energy costs and comfort levels.
Conclusion
When it comes to adding more living space to your home, there is no one-size-fits-all solution. The most cost-effective option for you will depend on your budget, the size and layout of your current home, and local building regulations. Consider all of these factors before making your decision, and consult with a professional builder or architect to help you determine the best option for your unique situation. With careful planning and consideration, you can successfully extend your home and create the extra space your family needs.
Second Storey Additions for Multigenerational Families
In today’s ever-changing world, it’s not uncommon to see multigenerational families living under one roof. Whether it’s to share costs, provide convenient babysitting options, or leverage the strengths of different generations, more and more families are embracing the benefits of multigenerational living. One solution that has become increasingly popular in catering to growing families is the addition of a second storey to the family home. In this blog post, we’ll explore how multigenerational families are capitalising on second storey additions to accommodate their expanding needs and enjoy a host of advantages that come with this choice.
Shared Costs:
One of the primary reasons why multigenerational families are turning to second storey additions is the significant cost savings that can be achieved. The initial investment in expanding your home may seem daunting, but when you consider the long-term benefits, it becomes a wise financial decision. By adding a second storey, families can effectively double their living space without incurring the astronomical expenses of relocating to a larger home. The costs of a second storey addition can often be shared among the family members, making it a financially sustainable solution for everyone involved.
No Need to Move:
Moving to a new home can be a stressful and expensive endeavor. It often means uprooting your family, leaving behind a familiar neighborhood, and adapting to a new environment. With a second storey addition, you can avoid all these hassles. You get to stay in the place you’ve called home, maintain your connections with the community, and preserve the memories associated with your existing house. The continuity and stability that come with not having to move are especially important for children and seniors in the family.
Built-In Babysitting:
One of the many advantages of multigenerational living is the availability of built-in babysitters. Grandparents, aunts, uncles, and older siblings can provide childcare when needed, allowing parents to take some well-deserved time for themselves. With a second storey addition, you can create a designated space for the older generation to stay comfortably while ensuring privacy and convenience for everyone. This arrangement is a win-win for both childcare and bonding among family members.
Leveraging Multigenerational Parenting Styles:
Each generation brings its unique parenting styles and experiences to the table. Multigenerational living allows for the exchange of wisdom, knowledge, and different approaches to parenting. A second storey addition can provide separate living spaces for each generation, which is vital for maintaining a sense of independence while still benefiting from the collective family support system. This dynamic can result in a holistic approach to childcare and child-rearing that enhances the well-being and development of the younger generation.
Build a Second Storey Addition today:
Multigenerational families are discovering the myriad of benefits of second storey additions in accommodating their growing households. These additions offer the advantages of shared costs, the convenience of not having to move, built-in babysitting, and the opportunity to leverage multigenerational parenting styles. By choosing to expand upward instead of outward, families can create a harmonious living environment that fosters both togetherness and individuality. If you’re part of a multigenerational family looking to capitalise on the benefits of second storey additions, it’s essential to consult with experts like 32 Degrees Building to help make your vision a reality. Embracing multigenerational living can bring joy, financial relief, and a stronger sense of unity to your family.
What comes first? Plans or Quote?
We often get asked: “What should I do first? Should I get a quote for my home extension/addition or should I get plans drawn up?”
These are our top 5 tips on why you should get a quote from a builder BEFORE getting plans for your project when building an addition or extension.
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- Obtaining a detailed written quote or proposal for your addition or extension comes with many benefits. In your quote the builder should provide you with an indication of the size of the build (how much room is going to be added to your home), the number of rooms being added and what materials and inclusions are being used so you know what is included and if you can afford what you are planning to build.
- A builder can arrange to assist you in drafting plans inhouse or have relationships with draftspeople or architects that specialise in the type of build you are after. This can make the whole process smoother and faster saving you time and money.
- When you work with your builder they can review your plans with you and the draftsperson to ensure you are staying on track with costs and may pick up on items that may be of concern from a construction viewpoint. This input is important in ensuring that you achieve what you set out for in your build while staying within your budget and avoiding issues that could arise during the build if not picked up during this critical planning stage.
- A builder can help and advise you on the true costs for different material options before you commit to plans and approvals. This can in turn ensure that you get the right materials, resulting in the right look for your build at the right cost.
- A builder can consult and guide you with on how to achieve what you want while managing what you can afford. This is best done prior to plans being drawn up due to the builders expertise in the type of build you are looking at. This can reduce the amount of plan revisions and save you time and money in the short term and long term.
If you are thinking of planning or building an addition or extension contact us on (02) 4647 2324 or fill out the form below to get things started.
Sydney is a wonderful place to live, but it can also be challenging when it comes to living arrangements. As property prices continue to soar, many families are finding it difficult to find affordable homes that fit their needs. Multi-generational families living together has become more common, particularly around the inner city suburbs, where there is a high demand for living space. However, with the increase in demand comes an equally high cost, which means that many families are turning to alternative solutions like home renovations, particularly second storey additions.
Adding a second storey addition to your home is more than just a way to gain extra living space; it’s an investment in your future. Many people assume that purchasing another property is a better investment, but this is not always the case. When you take into account the cost of purchasing and maintaining another property, along with the legal fees and taxes associated with buying and selling properties, the investment may not be worth it.
On the other hand, building a second storey addition is a better financial decision that has many benefits. Firstly, building a second storey addition on your home adds significant value to your existing property. Secondly, your home will have more space to accommodate your entire family, giving everyone room to spread out and enjoy different aspects of the house. Multi-generational living is becoming more acceptable and popular, particularly in the larger cities where real estate prices remain high, and families want to stay close to each other.
As a homeowner, choosing to build a second storey addition gives you the flexibility to create a design that suits your needs. Whether you need an additional bedroom, a home office, or a second lounge area, you can work with a professional builder who can create a custom design according to your requirements. With a bespoke design, you can ensure that your new space will be both functional and aesthetically pleasing.
Another advantage of building a second storey addition is that it is less disruptive than moving. Moving your entire family to a new home can be challenging and expensive, particularly when you consider the cost of moving fees, furniture removals, and utility connections. Building a second storey addition, on the other hand, requires minimal disruption to your lifestyle. You can continue to live in your home throughout the building process, ensuring that your children can maintain their routines and attend their regular schools.
Multi-generational families living together in Sydney are a growing trend, and building a second storey addition on your existing home is an excellent investment option. It’s cheaper than buying another property, gives you extra living space, adds value to your home and allows your family to stay close to each other.
If you are considering building a second storey addition for your multi-generational family, it is important to work with a reputable company like 32 Degrees Building. We have a proven track record of delivering high-quality, customised solutions for families in Sydney, and can help you achieve your goals while staying within your budget. With their expertise and experience, you can create a beautiful and functional home that supports your family’s unique needs.