Creating a spacious and more functional home might sound like a complicated project. Any renovation on your house will require a budget, but making a home addition could be the cheapest way to do it. Changing the layout of your home is an intelligent way to transform the living space, gain space in smaller rooms or modify its function. A home addition might even be a money saver, especially if the alternative is looking for a bigger house. So, let’s take a look at some of the most significant benefits of a home addition and the reasons why you should take on this project.
1. Increase your home’s value
If you plan to sell your home at any time in the future, this type of renovation will pay off. Unlike redoing floors or building new installations, a home addition will cost less. Before you put your home on the market, you should consider changing the functionality of some rooms and make the most out of the available space. To increase your home’s value before selling, you can tear down a wall, create an open-concept room, or transform your attic or basement into guest bedrooms. This type of change will help you sell your home faster and for a better price.
2. Creating multifunctional space
Whether you live alone or with many family members, it’s always good to make rooms as functional as possible. Home additions are not all about adding extra rooms or involve extensive work such as repairing your roof. On the contrary, you can transform the existing rooms into multifunctional spaces. For example, a part of your living room can become a home office, or your attic could be the new closet space.
If you hire a reliable contractor, talk to them about executing your ideas. Some simple solutions might not even require tearing down walls or investing in new floors. All it takes is a creative idea for a new purpose in the room you already have.
3. Get more space in rooms
If you have the budget for room expansion, you will experience the biggest benefit of a home addition. For example, you could add square footage to your children’s rooms, which many people do before expanding their family. In houses with large bedrooms, adding a separation wall can be a perfect solution for twins.
If you plan to rent your home or one part of it, separating certain rooms can become a source of income. Having more rooms to rent will bring more potential tenants and – more money for you.
4. You might end up saving money
There are plenty of different ways to create a home addition. While some ideas might be cheap to execute, some renovations will require a significant amount of money. For example, if you want to create a functional space in your attic, you will have to inspect the roof construction. Hiring a roofing company will still be more affordable than changing the entire floor plan. After all, plenty of homes have (almost) the same square footage of the attic surface as the main floor.
5. You might not need to move
Many people feel like they have “outgrown” their homes and need a bigger space. If your kids are all grown or have a baby on the way, a home addition could help you save a lot of money. Instead of looking for a new home and moving out, you can reconstruct your rooms. Adding a separating wall or tearing one down can make a big difference in any room. The opportunities for creating a home addition are endless. You can add a new bathroom on the top floor or build a home office in your living room. A good home contractor will tell more about your options and the budget you’ll need to prepare.
6. Additional storage for your home is one of the greatest benefits of a home addition
Not having a sufficient number of rooms in a house is one of the most common issues larger families have to deal with. However, having too little space for storing all of their belongings is a whole different story. Most families with children require more storage space, especially if they don’t own a garage. Adding some room to your home will be the best way to find a place for all those memorabilia, children’s toys, and seasonal clothing. A home addition will help you avoid clutter and make it easier to keep your home tidy.
In case you are renovating your home and undertaking a major project, storage should be one of the first things on your mind. You are going to need a safe place for keeping the items that are in the part of the house that is being renovated, which is why you should rent storage during home renovation. Luckily, it shouldn’t be too difficult to find a temporary solution for your belongings, as there are many great storage providers in every US city.
7. Bring more light into your home
Creating more room is one of the biggest benefits of a home addition, for sure. However, this is not the only reason people decide to remodel their homes. If you want to update your interior home design, there’s an easy way to brighten up every room. For example, tearing down a wall between your kitchen and dining room will let more sunshine inside. Creating open space is always a good way to refresh the design of your living space.
Simple ideas for creating a home addition
If you are not sure about the ways to remodel your home and create a home addition, consider one of the following options:
- Room expansion is perfect for spaces like the kitchen and living room. You can add up a few new cabinets in the kitchen or expand the dining space for entertaining your friends.
- Second-floor addition is all about adding a second story to your house. This project will require a bigger budget, but it will double up the space in your home.
- An accessory dwelling unit is a good way to add a new, separate room to your house. If you have guests who will need to stay a few nights, this home addition will be the perfect solution.
Hopefully, you now have a better understanding of all the benefits of a home addition. Thus, take a good look into your budget and decide which of these home additions you want to add to your house.