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Home additions and extensions are a popular way to add more floor space to the existing property. They help transform the home’s appearance and functionality to accommodate the growing family size and needs or changing lifestyle. Homeowners can choose to build on the unused land space of their property or extend their homes up or down.
The most common home additions people consider to expand their living spaces include second-story home extensions, ground floor extensions, and basement addition. Homeowners can add an extra bedroom, living room, home gym, increase the kitchen space, garages, home office, bathroom, home theater, entertainment room, patios, outdoor kitchen, and sunroom.
Home additions and extensions offer more benefits than one. Let us look at a few of them.
Create more space
The biggest and the most obvious benefit of adding to the home is getting more usable space for specific purposes. Whether you need a home office, a garage, an extra bedroom for kids or parents moving in, an outdoor extension like a sunroom, a bathroom for the growing family, a mudroom for keeping things, or an extra room to store household belongings, an addition can get you that. It gives you the freedom to design and utilize it the way you want.
Save time, money, and effort
Additions and extensions provide a cost-efficient and less time-consuming alternative to moving. If you have the space to modify your current home to suit your needs, moving to a bigger house is an unnecessary hassle. For homeowners who are happy with their existing home’s location, structure, neighborhood, and other factors and only need more space, an addition or extension is the most suitable option. It allows them to make the most out of their home without compromises. The cost, time, and effort required to hunt for a new house, sell the existing one, and plan the whole move are not worth it. Home addition and extension take up less time to complete and are more affordable.
Increase the property’s resale value
For people looking to put their home up for sale, an addition or extension would mean making the property more lucrative to potential home buyers. Proper research and careful planning before a home addition would add value to the house. Most prospective home buyers appreciate functional additions which go with the overall home design. A bigger home and increased square footage ultimately mean enhanced home value.
Rent out the extra room
Some homeowners add to their homes to rent out the extra space. It helps them offset mortgage costs or remodeling expenses. Several people look for one-room rentals, and renting a room would mean more money into the pocket every month. If you are adding for renting purposes, make provision for a separate entrance and add a small kitchen or bathroom for a little extra income.
Home
additions and extensions are different from building a house from scratch. They mean customized living, a spacious home environment, and added value. However, extensions and additions are complex projects that require experience and expertise. Hire a local construction contractor specializing in
home additions to get the best results.
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