Home additions are pricey projects, but if done right, they can be rewarding and profitable endeavors. Your success depends on how efficient you are in planning, budgeting, and finding the right contractor. Below are some questions you should ask yourself before plunging headfirst into such an undertaking.
7 Questions to Ask Before Starting Home Additions
1. How Much Do I Want to Spend?
Home additions don’t come cheap, so you should have a budget prepared before anything else. The cost varies from project to project, but it typically ranges between $21,009 and $64,603. When you’re ready, you can get estimates from local contractors.
2. Will the Addition Tie Into the House?
Think about where you have room to grow—out or up. Simple detached additions are easier to achieve by hiring remodeling contractors. If the project requires redesigning the way one room flows into another, you’ll need the services of an architect.
3. Will It Add Value to Your Home?
Go for a new addition that pays for itself in the long run. Based on the 2017 national data for remodeling projects, bathroom additions can return up to 65% of your investment. A family room addition, meanwhile, can yield up to a 69% return on your investment.
4. Do I Need to Consider Building Regulations?
Most home additions, particularly those that need new drainage and plumbing or a new chimney, require a building regulation approval. This is to ensure fire safety, energy efficiency, damp proofing, ventilation, and structural integrity.
5. Could I Remodel Instead of Adding?
Home remodeling is generally more affordable than making an addition. You could repurpose the basement as an entertainment room, renovate the attic to create extra living space, or perform a kitchen remodel to improve the room’s layout and design.
6. How Long Will the Project Take?
Any home alteration project will take some time. It can also create inconveniences in your day-to-day life because of having builders in your home. Before getting started, it’s best to ask your contractor about the projected start and end dates so you can plan ahead.
7. Are There Ways to Bring the Costs Down?
You may be able to save hundreds in labor charges by applying some of your DIY skills. If you’re up for it, you can paint the walls, change out hardware and faucets, lay tiles, install pre-made cabinets, hang mirrors, and perform other simple tasks.
When it comes to home additions and remodeling projects, you can trust Better Built Homes By Bob Hafermann in Wisconsin Rapids, WI. This building company is highly qualified to help you design your vision in detail and handle your requirements for a home renovation. Call them today at (715) 423-4478 or visit their website to learn more.