HOW MUCH DOES A HOME EXTENSION ACTUALLY COST IN SYDNEY?
You've lived in your first home for years and now you and your family feel like you've outgrown it. What are your options?
Should you sell and relocate, or should you take on an extensive home improvement project to accommodate your needs as a growing family?
Adding a home extension can add substantial value to your property but the question is, how much is it going to cost?
It's actually really difficult to give an accurate answer because there are just too many variables involved to give you a dollar figure.
In order to provide an accurate figure, your builder (hopefully us! 😉) will need to know the type of construction (plan & design) and the quality of inclusions for the home improvement build.
In this article we will break down the pros & cons of a home extension, out-of-the-box design solutions, general costs of kitchens & bathrooms AND a very handy Home Extension Costings Checklist to help you get started!
TABLE OF CONTENTS:
- ✔ What Are The Benefits Of A Home Extension?
- ✔ How Much Does A Home Extension Cost?
- ✔ Comparing The Costs Between A Ground Floor Extension & A First Floor Extension
- ✔ How Much Does A Kitchen Cost?
- ✔ How Much Does A Bathroom Cost?
- ✔ Why Is My Home Extension So Expensive?
- ✔ Your Home Extension Costings Checklist
- ✔ What Questions Should I Have For My Builder?
- If you're happy & settled in your local area, you don't have to relocate
- You can make the changes you want and not settle for something that's just "alright"
- You may be surprised but a home extension to your current dwelling may be a more affordable option than moving to a larger home
- Lastly, you may find yourself being attached to your current residence and just not want to leave it!
- Real estate agent's commission
- Stamp Duty
- Bank charges
- Marketing the home for sale
- Conveyancing your current/new home
- Cleaning and/or styling your home
- Potential repairs or renovations for added value before the sale
- Moving costs
- ✔ $10,000 to $22,000 for a budget renovation
- ✔ $22,000 to $35,000 for a mid-range kitchen
- ✔ $35,000+ for a high-end kitchen
- ✔ $5000 to $15,000 for a budget bathroom
- ✔ $15,000 to $25,000 for an average sized bathroom with mid-range fittings
- ✔ $25,000+ for a high-end bathroom
- Roofing
- Cladding
- Interior cladding
- Insulation
- Windows & Doors
- Bathroom
- Kitchen
- Quality inclusions
- Plans or council fees
- Furnishing the new space
- ☐ Furnishings
- ☐ Moving costs (if you have to move out during the build)
- ☐ Internal/external doors
- ☐ Lighting
- ☐ Windows (for example a 1800mm wide sliding door can be $1,000 & a bi-fold door costs roughly $3,000. This adds up when you have 5 new windows in your extension)
- ☐ Curtains/blinds
- ☐ Heating & air conditioning
- ☐ Flooring
- ☐ Garage door
- ☐ Skylights (to allow natural light into your home)
- ☐ Painting
- ☐ Exterior painting if needed
- ☐ Excavation work
- ☐ Spoil Removal
- ☐ Rubbish removal costs
- ☐ Asbestos removal
- Do you include the knocking down of interior walls?
- Do you include any excavation work in your quote?
- Is scaffolding covered in your builder's quote for the duration of the project?