The Top 7 Advantages of House Additions
What could possibly top the home you currently reside in?
In response, a larger home.
Bigger doesn’t always mean better, it’s true. However, adding to your house isn’t just for show off its size to your friends and neighbors. Getting an addition also makes sense from a lot of practical aspects.
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Let’s expand on the top 7 advantages of home additions.
1. Particularized Area
Maybe you’d like a dedicated music equipment room or a home office that serves as your primary workspace. Consider adding a room with a specific function rather than giving up a bedroom or living area.
You can also choose to add additional soundproofing and insulation in the music room, which might not be as useful in a different room.
If you work independently and currently commute to another location, you may also add a home office to reduce your commute. Alternatively, maybe you can persuade your supervisor to allow you to work from home!
A sunroom is another common addition, and as the name implies, it usually has large windows for enjoying the sunshine. The natural light in these rooms makes them excellent for reading. They also work well as kid’s playrooms.
Maybe your front foyer is extremely small, and when several people arrive at once, there’s always a traffic bottleneck. Including a front or rear addition can provide family members and visitors with a convenient location to store their coats and shoes before entering the main area.
2. More Room for Storage
Are there many things in your possession that you genuinely use but don’t seem to have a permanent place in your current space? This could include children’s toys, athletic gear, musical instruments, clothes, boots, and more.
You can now store all of these things in one location without them interfering with other areas you’re trying to enjoy thanks to the addition you built. Not only will you find it easier to locate these items, but a less cluttered home has even been linked to improved mental health.
To make organizing even simpler in your new addition, think about adding shelves or custom cabinetry.
3. Taking Care of the Family
Maybe your two younger children want their own bedrooms because they’ve grown up a little. You have two options: either take action or listen to them argue into the night while you try to get some rest.
A new bedroom can be created for an expanding or current family with the help of an addition. If your parents or in-laws visit you for extended periods of time, you may also think about adding more space to your home (unless you don’t mind sleeping on your couch, that is.)
Furthermore, you never know when a long-gone child might decide to reclaim their old room—this happens more often than you might imagine. However, since you’ve already reached your craft area, well…
4. Additional Revenue
Have you always wanted to own your own property but lack the funds for a down payment on an investment property? Not a problem. Your family home can become a money maker by adding an additional room and perhaps even a kitchenette and bathroom (or choosing to share that space).
In order to prevent your tenant from using the front door, you can also provide them with a separate entrance. You should have no problem finding a one-room rental because there are a lot of people looking for them. Just make sure that when drafting a lease, you do your homework.
5. Transitional Option
You’ve come to the conclusion that you need to sell your current house because you’ve outgrown it. However, listing your house comes with a lot of expenses, like small repairs, staging, the commission paid to the real estate agent, legal fees, and so forth.
Finding a new house and neighborhood to settle into also presents a hassle and cost (think moving companies). Soon after moving into a new home, you might experience homesickness.
Maybe you adore the house and the neighborhood, but you haven’t given thinking to simply expanding it yet. You might have more in mind than just the available space; perhaps you have a dream kitchen in mind. Rather than looking for a house with one already, you can remodel your current one completely or raise it a few feet.
6. Value Addition
If you ever decide to sell your house, bigger is sometimes preferable. However, that relies on the purpose of the addition. It might not be a selling point if the majority of families wouldn’t use the space.
Nevertheless, increasing your home’s value has benefits beyond listing and selling. If you want to take out a loan or line of credit for a dream vacation or something else you’ve been wanting (like a bathroom renovation), it can increase your home equity. The amount you owe on your mortgage less the assessed value of your property is your home equity.
7. Adjust Areas
Additions to your home don’t always indicate that you’re expanding it. For instance, you can decide to add screening or windows to create a new room if you have an open front porch or back patio but would like a little more privacy.
Maybe you have an attic that could be turned into a second bedroom or a basement that isn’t being utilized to its full potential. You could turn spaces in your house that you thought were unusable into your favorite new sitting areas with the help of the right contractor.
Home Improvements Make Sense
Speak with a licensed contractor about the advantages of home additions before giving up and deciding to list your property for sale. If keeping your family in the same location is your priority, they may be a more affordable option.
In addition to increasing the value of your home and resolving storage or living space issues, additions can also make you happier.