Home Additions That Can Increase Home Value
Best Home Additions
Are you looking for ways to increase your home’s value?
Home additions are one great way to accomplish this. The additional floor space is always a good selling point, as is adding anything to the home that brings it more functionality.
Even if you aren’t looking to sell your home, home additions can bring extra value for an expanding family or for owners who want more space.
Here are some things to know.
Plan and Prepare
Even a modest home addition can be a lot of work. So before beginning, you’ll want to precisely determine what you want to do and where, how large the project will be, and your budget.
From there, you’ll want to look for qualified contractors, what permits you’ll need, and how much materials will cost.
As you’re planning your project, don’t forget to consider any demolition you’ll need done and site preparation. Will you need to expand your foundation? Will you need to engage in architectural services? Are there any local building codes you need to be aware of?
What else haven’t you thought of?
This is where it’s good to have an experienced, qualified contractor such as Total Quality Construction on your side who can help you fill in the details and answer all your questions.
9 Home Additions To Consider
The nice thing about remodeling or renovating your own home is that you have so many options. Here are just a few to consider.
- In-Law Suite: This is one of the more popular choices for a home addition. It can not only be used to house an in-law or elderly relative but also for an adult child saving for their own home.
- Additional Bedroom: As families grow, they need more space. You can often convert existing parts of your home, such as an attic, porch, basement, or garage, into an extra bedroom or two. The more bedrooms a home has, the greater its real estate value.
- Bathroom Additions: Additional bathrooms are another home feature that delivers excellent value, financially and personally. A bathroom addition may seem costly because of extra plumbing and electricity needs, but the result is often worth it.
- Kitchen Addition: People spend a surprising amount of time in kitchens. It’s not only where one cooks, but it’s where families gather to eat, work, and socialize. A more oversized kitchen gives you more opportunity to enjoy your home. As with a bathroom addition, plumbing and electrical needs may make this a little expensive, but a good contractor should be able to help keep costs down and value high.
- Bump-outs: These small additions may not look like much from the outside, but they can provide extra floor space and—perhaps more importantly—head space. This is a perfect addition to an upper-floor room under an angled roof.
- Basement Upgrade: An unused basement has loads of potential to add value to your home. Basements can often be converted into small apartments, rec rooms, workshops, additional bedrooms, and more.
- Attached Garage: An attached garage can be an excellent convenience for many homeowners—especially those who live in areas with excessive snow or sun. An enclosed garage can not only protect your vehicles but can also provide space for other uses, such as a workshop, storage, or small laundry area.
- Sunroom or Screened Porch: If you already have a porch, consider taking advantage of the pre-existing foundation and enclosing it into a sunroom. This allows you to use that area all year round and provides extra living space. An alternative to a sunroom would be a screened-in porch where you take an existing patio and add a roof and screens to let air in but keep bugs out.
- Decking: While not a room addition, adding a deck to your home gives you a place to socialize, relax, and enjoy your backyard. They’re relatively easy and inexpensive to set up and can create lasting value for your home.
Is a Home Addition Right For You?
Home additions are a rewarding investment. While they may take time and money, the payoff comes in your enjoyment of your home and the return on your investment when it comes time to sell.
Don’t know where to get started?
Call the professional design team at Total Quality Construction to discuss your vision and hopes for your addition. They’ll go over every step of the process with you, pull all the permits, and make it easy. In addition, we will keep you informed and updated on every stage of your home project.