Hi does anybody have any advice to offer on this, I live in a 2 bedroom semi (Glasgow area) and I am either going to move or build an extension. I would be building the extension with the aim of making a profit on it and then selling. The extension would either be garage with a utility room at the back with a master bedroom/on suite upstairs or a utility room, and living rooms with the master bedroom/on suite upstairs.
What I am wondering is would it make that much by doing it and then selling, I would be doing part DIY. There are 3 bedroom semis in the same street which are exactly the same size as mine but with a different layout inside giving the extra room. What I'm debating is that the 3's go for 8-10 thousand more. But if I extend it would cost me a lot more and would the house be worth considerably more than the other 3's even though it would be twice the size as the others. Approximate size would be 4 mtrs wide by 7 mtrs long, Does the cost of building out way the extra value. Does anyone have any general advice/experience on this?
Thanks in advance,
JD
What I am wondering is would it make that much by doing it and then selling, I would be doing part DIY. There are 3 bedroom semis in the same street which are exactly the same size as mine but with a different layout inside giving the extra room. What I'm debating is that the 3's go for 8-10 thousand more. But if I extend it would cost me a lot more and would the house be worth considerably more than the other 3's even though it would be twice the size as the others. Approximate size would be 4 mtrs wide by 7 mtrs long, Does the cost of building out way the extra value. Does anyone have any general advice/experience on this?
Thanks in advance,
JD