Thinking of how to impress the guests at your next summer BBQ? A rooftop terrace can be a fantastic investment to add extra living space to your home, creating a versatile area for entertaining, relaxing, or simply enjoying the fresh air. But how much does it cost? What materials should you choose? And how do you find the right team to bring your vision to life?
This blog post will answer all your questions about rooftop terraces, from cost estimates to design ideas. We'll also explore why a rooftop terrace can be a valuable addition to your Brisbane home, enhancing your lifestyle and increasing your property's value. Let's dive in!
What Is Considered A Rooftop Terrace?
While both terraces and balconies offer outdoor space, there are some key differences:
- Size: Terraces are generally larger than balconies, covering a more extensive area on the roof.
- Location: Balconies are typically attached to a vertical wall on an upper level, while terraces are on the roof.
- Functionality: Terraces often provide more flexible entertaining options, relaxing, or gardening space. Balconies are usually smaller and better suited for enjoying the view or creating a cosy outdoor seating area.
Why Choose a Rooftop Terrace?
A rooftop terrace offers numerous benefits, including:
Increased living space: Expand your home's usable area and create a unique outdoor retreat.
Stunning views: Enjoy panoramic cityscapes, mountain vistas, or ocean views from the comfort of your own home.
Enhanced property value: A well-designed rooftop terrace can significantly increase your property's value.
Outdoor entertaining: Create a perfect space for hosting gatherings, barbecues, or parties.
Relaxation and enjoyment: Enjoy your private rooftop's fresh air, sunshine, and peacefulness.
Factors considering cost
While we've provided a general cost range, it's important to remember that the final price can vary significantly depending on several factors:
Contractor Expertise: It is crucial to choose a reputable and experienced contractor. Their expertise and efficiency can significantly impact the project's cost.
Location: Building codes and material costs can vary by location, affecting the price.
Materials: The materials you select for your rooftop terrace, such as cladding composite, flooring, will influence the cost. High-quality materials may be more expensive but can enhance your terrace's durability and aesthetic appeal.
Current Roof Structure: The cost will increase if your existing roof needs reinforcement to support the weight of a terrace.
Additional Features: Consider any amenities you would like your rooftop terrace to contain. This could include the cost of stairs, shade structures, planter boxes, outdoor furniture, etc.
A finished rooftop terrace is generally more expensive than building a traditional roof of the same size. According to industry estimates, a finished terrace could cost anywhere from AU$45,000 to AU$150,000. Please note that this price can vastly fluctuate depending on various factors. Every rooftop terrace is different, so it is difficult to give an exact amount.
Financial benefits of a rooftop
Beyond the obvious advantages of creating a stunning outdoor space, a rooftop terrace can offer significant financial benefits.
Increased Property Value: Adding a rooftop terrace can significantly improve your property's value. This can be an excellent investment if you're planning to sell your home in the future.
Enhanced Curb Appeal: A rooftop terrace can make your home stand out, attracting potential buyers and increasing its desirability.
Potential Rental Income: If you have a rental property, a rooftop terrace can increase its rental value and attract high-quality tenants.
Tax Benefits: In some cases, you may be eligible for tax deductions related to home improvements, including a rooftop terrace.
As seen above, adding a rooftop terrace clearly has financial benefits. But before you dive in, it's important to remember to check planning permissions and assess your roof's suitability.
Ownit Homes is here to guide you every step of the way. From initial design to final construction, our team of experts will ensure a hassle-free process. Contact us for a free consultation today, and begin planning your new Rooftop build! Not sure where to start? If you're planning a roof terrace for your new home and would like to experience the Ownit difference, visit your nearest roof terrace display home and take in the view!
At Ownit Homes, we understand that cost is a major factor when considering a rooftop terrace. That's why we offer transparent pricing and work closely with you to create a design that fits within your budget. Our experienced team will provide a detailed cost breakdown, ensuring you understand the investment required.