How to Calculate The Cost of Building Your House Extension

If you are considering extending your house, it’s important to work out the cost of your house extension before you start the work. Therefore this short article will discuss benefits of building your house extension and offer an indicative cost levels for works in South East of England in 2011.

1. Benefits of building a house extension

In the current UK financial state more people are opting to build an extension rather than move, as it can be a cost effective method of adding value to your premises. According to the size of the extension you are planning to build, it can add around 25% to the worthiness of the property and basement or loft conversion will typically raise the property worth by 10% to 15%.

2. Calculating the cost

Providing cost estimation for an ‘average’ property extension could be tricky – since there really is no average! Issues such as ground conditions, access to the website, location and proximity of products and services are a huge factor in the build spending plan. Our indicative costs are provided assuming that these issues are reasonable to deal with. The cost of building a house extension greatly depends upon its size and style. บริษัทรับสร้างบ้าน As a rough guide, an individual storey (20 metre sq) extension costs 22,340GBP or 1,117GBP per metre sq; two storey (40 metre sq) extension fees 46,080GBP or 1,152GBP per metre sq; a (32 metre sq) loft conversion fees 25,536GBP or 798GBP per sq metre; and a (32 metre sq) basement conversion prices 27,168GBP or 849GBP per sq metre.

3. Obtaining an estimate from a builder

These figures will be more variable and be determined by the preferences of the homeowner. For instance, stone flooring will have a larger cost implication than cheaper timber alternatives. A far more detailed estimation for your extension could be obtained at the planning stage of one’s project. A builder will then be able to provide an indicative estimate for the task.

4. Contingency fund

Of course, you can’t foresee unexpected issues but you can prepare for them. It is best to reserve a contingency fund to handle added costs that can, and frequently do, arise.