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In Australia, we love getting outside to enjoy the warm weather, so as a veranda can be an ideal space to do so, people often consider if veranda cost is a worthwhile investment. A veranda is an ideal space to enjoy your morning coffee or a space to entertain friends once the weekend comes. A veranda is like an extra room and a bridge between the outside and inside. On a practical level, it can help keep your home cool in the summer and provide a space to dry clothes or get some fresh air when the weather is rainy. Furthermore, it can add extra value to your home as it is additional space and an added bonus so that the veranda cost may be justified.

So, what does veranda cost involve? The first thing to consider when calculating veranda cost is the purpose, as this will affect all the other design decisions and costs. Size is a major factor and linked closely to purpose. As an entertaining area, a veranda will have to be larger than if it is just a little space to catch some morning sun.

The style of your home will also be a consideration, as the veranda is best if simpatico to the original design. Roof styles to consider include a gable roof, flat roof or curved roof. The style of your home may affect the choice of building materials as well. Depending on your taste and the design of your home, the floor surface may be tiled, concrete, timber decking or bricks, and the roof may be steel or polycarbonate. It’s important to shop around so that you are getting it at the best price, whatever you choose. However, remember that while cheap materials may save you money on your veranda cost in the short term, in the long run, choosing premium quality will give a better look and last longer. Veranda costs will vary widely depending on your choices, so it’s good to have all those calculated up front before applying for any home improvement loans.

You also will need to get planning permission as you are adding a new structure to your home. This will add time to your build and a little extra to your veranda cost, so this needs to be factored in. Another cost to take into account is labour. While some may consider a veranda as a viable DIY project, if you don’t have the construction skills, it's best to hire a building professional to do the work to build it properly. Again, getting a few quotes on the labour will help you to make a decision.

Once the practical considerations are covered, the styling and decorating need to be factored into your veranda cost. Nowadays, outdoor areas are styled to be as comfortable and luxurious as an indoor living space. If you are using your veranda as a simple spot to read, then a couple of comfy chairs and a small table will fit the bill. If it’s an entertaining space, then the opportunities are endless. Wine fridges, outdoor benchtops and sinks, a BBQ, lounges and tables will all add to the luxe outdoor vibe. The right lighting will also enhance the atmosphere – from fairy lights to overhead lighting. Some of these will require the services of a qualified electrician. Finally, plants will help to merge the interior and exterior in your new leisure space.

What is the best loan to cover the cost of installing a veranda?

A personal loan from MoneyMe is available for sums up to $50,000, subject to approval, so this would be the best loan to help you with your veranda cost, new bathroom cost or other projects.

Our loans are commitment-free, and the online application takes only five minutes so that the money can be in your account fast. Everything is at your fingertips, from the application to managing your repayments as we are all online. In fact, you can pay your loan off faster and won’t be charged early exit fees. Another way to finance your veranda is with our Freestyle Mastercard virtual credit card with instant approval and a limit of up to $20,000.

How is the loan amount calculated?

MoneyMe has a free personal loan calculator, so you can get started on financing your veranda cost, bathroom renovation cost or kitchen renovation cost. This tool is easy to use and can help you to find out how much you can borrow for your renovation costs, dependent on your financial situation. Being informed can help you manage your loan better and ensure that you apply for a manageable amount. We also reward customers with good credit history with a lower cost, so the cost of your loan will vary based on your MoneyMe loan rating.

Turn your kitchen upgrade, or bathroom remodel dream into reality with MoneyMe personal loans. If you'd like to get more ideas on how a personal loan can help with your next home improvement project, check out the mini-episodes ofDVine Livinghosted by Dale Vine onMoneyMe's DVine Living page. Contact MoneyMe today and be chilling on your veranda in no time.