We all love the comforts of our homes, even though we sometimes run out of room as our families and lifestyles expand. If you are looking for more space, you can always perform a home addition. Depending on the size of the project, a home addition can be done either by a contractor or yourself.
Taking on a project like a home addition is not for the faint of heart. It’s time and money spent with the intention of adding value to your home and increasing your quality of life. These home additions can increase your house’s footprint and they will pay off when it comes time to sell.
While your goal with a home addition is usually to get something you want, certain projects give you more bang for your buck. Here are some home additions that add value to your house.
Unknown to many, home improvements do not need to be expensive. There are renovations that can be added to the tax return. In Australia, home renovations that are deemed necessary in the home office setting can be placed under their work deduction.
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Kitchen Remodel
Everyone loves kitchens and for a good reason. We spend a lot of time there. Upgrading a kitchen will instantly bring the price up of your home. You can do a facelift with a minor renovation or go big with a remodel and addition.
Minor renovations can include:
- Adding new faucets
- Changing cabinet doors and pulls
- Installing a backsplash
- Putting in an island
- Upgrading light fixtures
These additions won’t break the bank and can be easily tackled without disturbing the room too much.
Major renovations include:
- Increasing square footage to make an eating nook or an expanded kitchen
- Installing new flooring
- Replacing all cabinets and countertops
- Upgrading appliances
- Putting in doors and windows
You may have to set up a temporary kitchen during this build. Some of these projects will require a professional company like 76 Construction Management to get the job done. Kitchen is often taken for granted when thinking of upgrading your home. However, a simple kitchen sink can change the overall appearance of your home and even increase the resale value of your property if you decide to put it up for sale. So the next time you thought of buying just any sink, consider the overall look of your kitchen and match it with its proper fixture.
Bump Out
This is a new extension on your house where you can add another room or expand an existing space. It can enlarge your master bedroom to accommodate a bathroom and walk-in closets or add another bedroom for a growing family. People want more space when looking to buy a house, and by adding this bump-out, you increase the value and size of your home.
A sunroom is also a small addition that creates more space and an extension of your living area. They are usually closed off with a door, so it is a separate room, but it is meant to be different. Large windows bring the outdoors in and give you sun exposure without being out in the elements. This can be used for a dining area as well as a second living room. They are not always heated but rather take in the sun’s rays, so they may not be ideal as a bedroom.
Rental Suite
A larger addition can be attached to the house but serve as a separate residence for rental income. Families are looking for mortgage helpers so building a small rental suite is money well spent.
You will need to install a kitchen and washroom and may want to also provide a separate laundry from the main house. This is a large project but shouldn’t interfere with your daily living as it is self-contained. When done, you can benefit from the extra income or have a space for your adult child or other family members to live independently while still being close.
Outdoor Builds
People love to enjoy the outdoors in their own space, so any exterior structures will increase value. Decks are an obvious choice as they give you a place to sit, eat and cook that is an extension of your home. You can add different levels and incorporate built-in benches and planters as well.
Gazebos are a lovely garden addition as well. While not attached to the home directly, they still give you another area to spend time in on your property. It is the perfect spot for outdoor relaxation and dining as well as entertaining. You usually don’t need a permit for this, so you can get creative and build what you want or buy a kit and assemble it.
Pools are big attractions for buyers. If you have room to do this renovation, you will love it. This extends the deck onto a concrete area and can incorporate dining, lounging spaces, and a hot tub. This addition is best left to the professionals. Once it is done, you and your family can enjoy it for years to come.
Finishing Unused Space
You may have a basement that is unfinished or an attic you’ve never given much thought to. Both these areas can add square footage and increase the value of your home. Transforming unused spaces is absolutely an addition but without the extra building footprint. You will need to make sure an attic is structurally sound, but it can quickly be transformed into a bedroom or office.
The basement is also perfect for adding a bedroom and a second living room or games room. New buyers want to have this extra living space, especially families, so putting your money into this type of addition is well worth it.
