Adding an addition to your home can seem like an enticing idea. You get an extra bedroom, bathroom, or bonus space for your family to enjoy. However, did you know that are many details to consider before you tackle this renovation project? If not, that’s why the team at Homeworks Construction in Honolulu, HI, is here to help.

Below, they share four important questions to consider before you start any renovation construction:

1. Do You Have an Emergency Fund?

Remodeling your home can be expensive, no matter what your project may be. Adding an addition to your home is no exception. Huge projects like this have the potential for huge, unexpected costs. This is why setting money aside for an emergency can benefit you. Setting up a fund for these emergencies can help offset their costs, which can prevent you from looking for loans or refinancing your current home loan.

2. Does it Make Sense?

Before you already start designing your new addition, make sure that it agrees with the style of your home. If your addition doesn’t flow with your floor plan or your current layout, you might want to reconsider.

To help with this issue, take into consideration interior and exterior factors of your home. Ensure that you can match items such as exterior colors, roof materials, and windows. On the interior, make sure the location of the addition doesn’t appear choppy or random, as this can make your home seem unwelcoming. 

3. Will it Match Your Neighborhood?

The aesthetics of your neighborhood is an issue that some people might not consider. For example, did you know that certain HOA communities have rules on how your home looks? Before you make any concrete construction plans, make sure your community doesn’t have any remodeling restrictions.

4. Can it Help Your Resale Value?

The resale value of your home is a huge factor for consideration, even if you’re not expecting to sell your house in the near future. It’s uncommon to make a profitable return on this type of project, as they are more expensive than a basic remodel.

However, that doesn’t mean that earning back some of your investment is impossible. A good tip is to look at the homes in your area. If the majority of them have a luxury en-suite bathroom, then it can be a good investment. On the other hand, if you want to add a formal living room in an area where these are uncommon, it might be a good idea to look into another type of addition.

Before you start a hefty renovation like this, stop and ask yourself these questions. If you don’t, the cost of this project can skyrocket. For the helpful opinion of an expert, contact the professionals at Homeworks Construction at (808) 955-2777. They are happy to help. You can also visit their website to see addition projects they’ve completed.