Building an extension onto your home in Scotland is undoubtedly worth the investment in 2023. With rising property prices and increasing demand, adding space can provide a significant return on investment. Extensions not only create extra living areas but also enhance energy efficiency and allow for upgrading outdated fixtures.
However, it’s crucial to consider all associated costs before committing to an extension project, such as surveys and structural engineers’ fees. Additional costs may include planning permission and drainage adjustments, which could be required for some extensions. The choice of materials—whether brickwork or cladding—also significantly impacts overall costs.
When calculating the investment potential of building an extension, consider both short-term and long-term returns. Besides boosting your property’s market value, a larger home could increase rental yields if you choose to rent out part of it, leading to substantial financial gains over time.
Ultimately, an extension offers the extra room you need without the necessity of moving, making it a more economical option than purchasing a new house. For these reasons and more, building an extension onto your home in Scotland is certainly a worthwhile investment in 2023.
