Adding on a new deck or repairing a break in your home is a significant upgrade to your property that goes above and beyond simple repairs. Improved features such as a new balcony, a second-story extension, or shifting walls to increase living space may actually give your home a new personality and make it more appealing to live in. The majority of the time, an addition will have a significant impact on the value of your home.
Building modifications that qualify as house extensions differ from one area to another, and you should always check with your local council to ensure that any government limitations or permits required are met before starting any work on your property.
In some instances, you may want to purchase a property with the intention of adding a new room as an extension or a second level of living space later on. In some circumstances, you may be able to convert an existing room (or a section of it) into an expansion and resell the resulting property at a later date.