You might have heard the terms ‘renovation’ and ‘extension’ used interchangeably. Essentially, an extension is a kind of renovation, as it involves updating or modifying a space. However, not all renovations are extensions. For example, simple home renovations can involve nothing more than adding a coat of paint to the walls. If the main complaint you have with your home is a lack of space, an extension rather than a renovation could be a better option.