So, DH and I want to go for baby #2. We live in a modest 3 bed semi- 3rd bedroom is box room/nursery and my toddler is still in it. 2nd bedroom my husband uses for his office- he is studying part time alongside full time job (currently WFH). We were hoping to be able to move however we are priced out of all the areas we would want to go to, so we've decided to stay put and look at some ways to extend the house.
Ideally if we moved we would want a 4 bed property to allow for an office space.
In our current property we have 2 options which we think are financially viable for us:
- Convert our brick built outbuilding into an office space. Quotes coming in at 5-9k
- Extend across the whole back width of our house (sacrificing quite a bit of patio space, but we have a raised deck and then a further lawned area) to create a larger kitchen/diner with play area and a separate downstairs office. This will be far more expensive, will involve re-doing kitchen and a quick google suggests cost anywhere between £35-50k
For context currently we have a kitchen diner (previous owners knocked through to kitchen and separate living room.
Thanks for sticking with this if you've read this far!
What do you think is WORTH doing out of these two options?
What will add most value to house (once costs are taken off)?