I guess this is a bit of a wwyd.
Give or take £10,000 it will cost us nearly the same to move and do up a house as it will to do a large extension.
We love the area here and have the best neighbours. Schools have outstanding ratings, but the house is too small. Gardens are a good size and there is plenty of parking. It's a semi- detached.
The extension would give us an extra bedroom, and ensuite , a study and a bigger family kitchen / diner than we have currently. We might have to move out whilst the work is done and probably wouldn't get all of the money back if we did decide to sell it.
The new house is quite a lot bigger and would give us everything we need in terms of bedrooms and a study. Kitchen/ diner etc. But the front garden is non existent and the back garden is not that great either. The house also needs a lot of work which we have budgeted for. It only has 2 car parking spaces. Schools in the area are rated the same as current area.
We just can't decide what would be the best long term for our family.
Has anybody else been in a similar situation? What did you decide to do?