A recent study found that most Americans want to live in larger houses that are farther apart from others. Finding the right home is not only difficult but sometimes impossible due to costs, work commute, and schooling. So if you want a larger house, why not just expand your home rather than move?
Don’t worry! We’ve investigated everything you need to know about expanding your home. That way, you can determine if the pros outweigh the cons.
Now, are you ready to get started? Let’s look at the benefits and disadvantages of a home expansion.
Pros
Building a home addition comes with many pros. Some of the most common ones include the ability to build anything you want and having control over the costs.
After all, you can add anything and everything you want. You could build up to create a new floor or build-out, creating more space for your kitchen or living room. The decision is all yours, and that’s the beauty of it.
You have the ability to do what you’ve dreamed of to make your house special and unique. Not to mention, you have total control over the costs.
You can decide to add walls and specialized cabinetry, or leave it open and simple. That way, you get what you want at a budget of your own choosing.
Cons
While the cons are limited, there are still a few. The most common ones are that a higher resale price isn’t guaranteed and a home addition uses valuable property space. Let’s take a look at these disadvantages a bit closer, starting with why a higher resale price isn’t guaranteed.
When you add on to your house, you increase the space that needs to be heated and cooled. There are more windows to wash, and more of the house to clean. Not to mention there’s an increase in property taxes, and because of these added costs, you may not recover the total cost when you sell.
It’s a gamble; however, certain room additions do give you a higher chance of recouping your investment. For example, if you extend your kitchen or add on to your living room, buyers will want to pay more for the newer appliances and entertainment space.
Moving on to the second con, it’s understandable that you lose valuable yard space when building a home addition. You risk the addition making the proportions of your property look uneven.
After all, no one wants a house with a small front yard or backyard. So consider the amount of yard space you have and what will be left when you finish the room addition.
Start Your Home Expansion Today
Expanding your home is a fun and creative home project. After all, you can expand as much or as little as you want. It’s all up to you, not to mention you have total control over the costs.
Now, of course, as with everything, there are a few disadvantages to a home expansion. With that said, expanding your home can be a real treat if you need extra room and have the money.
For more information about the cost of an expansion project, contact us today, and we will give you a personalized estimate.