Hi folks, this is my first post here so apologies if it's in the wrong place- still trying to navigate my way around the forum.
We've lived in our Gold Coast home for 11 years. It was built in the early 80s with a very badly built extension added behind the garage in 2000. The house has 3 bedrooms, one of which is a thoroughfare into the extension. Our kids are growing, as kids tend to do, and we want more space.
The whole time we've lived here, the plan was to extend upwards. However, we are not sure this would be economically feasible. Here is what would need to be done:
-The extension and garage demolished
-Garage and extension rebuilt (neither one in its present state could be built on top of)
-Secnd storey added, with 3 bedrooms and a bathroom (bathroom to be built as close as possible to downstairs bathroom to utilise existing plumbing)
Once all that is done, the rest of the house would still be in its hideous 1980s state, so would need to do the following:
-Renovate bathroom and ensuite
-Renovate and open up kitchen
-Remove all floor coverings in kitchen/dining/living (carpet and two completely different and hideous tiles); tile the whole area
-possible move some walls as the floor plan is weird
The more we think about this, the more everything adds up and a knock down rebuild starts to make more sense.
Any advice? We paid $450000 for the house. It's an amazing location, with a 1100m block backing onto parkland and we don't want to move.