Selling Your Home? You Should Expand It for a Higher Value

patio with fireplaceIf you have been thinking about building glass sunroom enclosures for your home in Brisbane, now may be a good time to do so.

The city’s average residential property prices will increase the most nationwide by 2021. An extension will significantly improve the value of your home, once you either decide or plan to sell it in the next few years.

Choosing a Glass Sunroom

Sunrooms normally use two different types of glass, comprising double-glazed and low-E glass. Double-glazed window enclosures cost up to $800 per square metre depending on the material. On the other hand, you can choose between passive and solar low-E glass. Homeowners who live in cooler weather may use the passive type for their sunroom, while those in hotter climates should install the solar one to block ultraviolet and infrared light.

Overall, you may spend up more than $1,500 to build a glass sunroom enclosure. It’s best to leave this project to a professional, such as a design-build contractor who can provide supplies and help in visualising your project.

Cautious Investment

While prices in Brisbane would record the highest increase in Australia, experts advise homeowners to be prudent in their home improvement projects. A BIS Oxford Economics report estimates that home values in the city would rise 13% to $620,000 on average.

Prospective sellers in Canberra and Perth will notice the second highest at 10%, amounting to $770,000 and $570,000, respectively, according to the report.

Whether or not home prices increase in Brisbane and other cities, a home extension project would still be a good option to improve the quality of living space in your property. It doesn’t have to cost a fortune, and many contractors are willing to work out a financing deal. Choose a contractor who has a good track record with public and private clients.