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Space is what you make it

With most of Northern Sydney's housing values escalating to near record levels, some houses have exceeded market value and reserve prices by more than 20 per cent. In our regular series on home improvement advice, Ian Cubitt offers tips on adding space to your home. According to Ian, Sydneysiders know that buying a home can be an expensive task, and while low interest rates are an appealing option for homebuyers today, market trends indicate that interest rates will start to climb again in the near future.

So is it worth the effort to search for a new home?

Ian says most people look at relocating because they have run out of space in their current home but a more financially sound alternative may be extending or renovating.

Ian says you need to evaluate why you want to move to a new home and research the costs involved. when selling a house in a peak period, owners need to reinvest quickly and often do so in that same boom property period - you may not improve your financial situation at all.

When selling your home, it's wise to take into consideration all the costs: real estate commissions, conveyance and legal fees, government taxes, bank fees and stamp duties - they can prove to be quite expensive. You can save these costs and direct the savings to upgrading and increasing the home's long-term value.

One of the classic home improvements most popular and cost-effective home extensions is the classic spacemaker.

The classic spacemaker is a quick and cost effective way to add valuable living space to a home.

Available in clad exteriors or tuscan style rendered finish, the classic spacemaker room is a perfect way to provide additional space for a games room, rumpus, a study, more bedrooms or an exercise room. the high-tech polystyrene insulation core of the classic spacemaker's wall and roof panels provides controlled comfort all year round.

Ian's trained consultants and designers are able to create an extension to match a home's architectural style - whether you have a federation style, weatherboard, fibro or brick home the classic spacemaker will add both space and value to your home.

With the simple and clever design, an extension can be erected quickly once council approval is given - usually in less than a week.