When you need more space for an expanding family or even a home office, you have two choices. You can go through the hassle of moving all your belongings into a newly purchased home, or you can build an extension onto your current house to give you the room you need and add to your property value for a better resale later down the line. Home additions create usable space and often cost less than the additional price of a new house, but is it the correct move for you? Here are some questions to ask yourself first.
Is It Doable?
Don’t draw up plans yourself unless you’re an architect by trade. Hire a professional to take a look at your home’s layout and discuss the extension you’re looking for. Only a contractor will know whether a particular design will work for your house. Talk about whether you want a one or two story addition and what types of rooms you’d like to add. You also need to talk to your city’s planning committee and make sure that your home doesn’t fall in a historic district or conservation area. If it does, you’ll need permission to build and will likely have to stick within certain guidelines.
Can I Afford This?
While cheaper than a new home, additions can still be pricey. Research the cost of supplies and call around to find an affordable contractor with a good reputation. Single story extensions are obviously more affordable than two stories. You also must take into consideration the cost of painting, wallpaper and furniture and whether you want to hire an interior designer for the new area. Also plan on having extra money for the almost inevitable unexpected costs that come up. Maybe you need to fix the foundation or replace a load bearing wall. Make sure you have the funds to complete your project in full.
Building home additions can save you the money and hassle of a move when you need more rooms. Just plan ahead by asking yourself these questions before you start so you can see the project through to the end.
