Do house Extensions Add Value?

Value of your property largely depend on its
Location: Are you living in a popular neighborhood, which is high in demand, how far it is from Major schools, is it located near universities and what kind of neighborhood you are in.
House Design & Standard of Construction: Your house design and standard of construction is the 2nd important factor in the evaluation of your house.
Size of your Land & Overall Build up Area: Size of land and Overall build up area is directly proportional to your property value and properties with larger land area and more build up area are generally going to cost more.
Considering the above it is important for you to see the value of nearby properties and determine what extra value a decent size extension can add. If the most important factor in the value of your property is the contribution of build-up area, then you have to evaluate the cost of construction per square meter to the additional value it will add to your property. Otherwise you can review the option of selling and buying a new house with additional cash you have.