Four Home Additions That Can Increase The Value Of Your Home

10 May 2016
 Categories: , Blog

If you have the budget to do some major work on your home, you might be toying with the idea of adding on additional bedrooms or areas to your home. Some home additions can have more payoff than others, so it is important to be strategic and work with a contractor when remodeling. Here are four home additions that are sure to add value to your home.

1. Additional Deck Space

Bringing in a contractor is key with a deck project because raised outdoor spaces need to be just as safe as the interiors of your home. Work will involve making sure this is secure, weight bearing, and attached to foundations when needed. Decks can increase the look of livable space and diversify one's overall landscaping plan. Decks that wrap-around the home or include balconies will add functionality and access to homes as well.

2. Extra Bathroom

Additional bathrooms are always something that will up the value of a home. Whether this is an extra guest bathroom, a bathroom designated for the kids, or a full bath on the lower level of a home, this addition will make your home more livable now and will be a perk for selling. Work within your existing square footage to remodel if you can, otherwise extending out a few feet from your home can be strategic and will be worth the effort.

3. Remodeled Attic

If you have an attic that is unfinished and is just gathering dust, this can be a great additional bedroom or rec room that will increase the square footage of your home. If an attic is smaller or is only over a portion of the home, consider bumping this out a bit over the roof. Add in skylights or more windows to give this space a more roomy feel as well.

4. Studio Apartment

If you have a larger rec room, basement, or detached shed on your property already, a few additions can turn this into a fully functioning studio apartment. Adding in a kitchenette and a private entrance if possible can make this space a stand alone studio. This will increase the value of your home and can be used for older parents, adult children, or as an income rental. This type of addition should be fully vetted by a contractor when it comes to permits.

Home additions can help make your home more functional for your family and will also increase the resale value of your home. If you are planning on selling in the future, be sure to ask local realtors what home buyers in the area are looking for in a home. Work with a contractor like those at Priore Custom Homes and Renovations who specializes in this type of construction to ensure that your home addition is worth the cost and effort.