Building an extension and attic conversion in Australia are the two most popular methods of expanding a home’s living area in the country. Homeowners may choose a solution that suits their needs financially and lifestyle-wise by being aware of the specific expenses and benefits associated with each alternative.
Attic Conversion in Australia
Converting an attic might be an affordable alternative to expanding the building’s footprint and adding more room. Reinforcing the floor, adding insulation, and maybe changing the roof line to make room for windows or skylights, like the cutting-edge Illume Skylight system covered in Attic Plus, are the main expenses associated with this project.
By simulating outside lighting within, this method maximises natural light without posing construction difficulties similar to those related to conventional skylights.
A typical attic conversion costs less than building an extension since it requires fewer structural adjustments; however, the definite price will depend on the level of complexity and finishes chosen. Usually, its price is less than the cost of an expansion, with its range being between $20,000 and $60,000.
Constructing an Addition
Extending the home’s physical footprint is known as an extension. Large-scale expenses like building walls and roofing, installing new foundations, and requiring a lot of labour may be involved. If there are any zoning or planning concerns, costs may increase in Australia, from an average price of constructing an addition ranging from $50,000 to $200,000 or more. It highly depends on the size and materials used.
ROI and Long-Term Benefits
Although they both increase a property’s value, attic conversions and additions might have different returns on investment (ROI). Because they require less money upfront and provide the allure of more living space without changing the layout of the house, attic conversions often yield better returns on investment. In cities where land is scarce, it is especially alluring.
Although extensions may be more flexible in terms of layout and use, they are also more expensive, and this may or may not result in a rise in property value. However, this choice could be more advantageous for families who need certain room types or additional space.
Qualities Tailored to a Homeowner’s Preferences
When deciding between an attic conversion and an addition, homeowners should also take their long-term goals, their current home’s construction, and their lifestyle demands into account. When adding bedrooms, home offices, or playrooms where the original footprint can be used, attic conversions are the ideal option.
On the contrary, adding spacious ground-floor areas like living rooms or kitchens that have direct access to the yard is a good use for additions.
Closing Remarks
A more affordable and budget-friendly choice may be an attic conversion, especially if cutting-edge features like the Illume Skylight are included. For individuals who need more substantial changes and are willing to make the necessary investments, extensions are a great option in the meantime.
The decision should fit a homeowner’s budget, their unique aims for home extension, and their vision for the future of their living area.
