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Home Addition Projects; Considerations to Make Are you thinking of adding new space to your existing home? Is your home getting smaller as your family grows? As a homeowner, you may have considered selling your home and buying a new one. But, there is another option with you. Another very economical way which a home owner may consider may be carrying out home addition. You can rent the newly created space and use it to increase your income. For those considering to sell their house in future, an additional space may fetch additional price. Most people consider a home addition project as a remodeling project but it is more than that. It will increase your home’s value. However, before jumping into home addition project, it is important for one to consider the following. The First step. Create a plan for the home addition project. The home addition design should however be very pleasing. The added space should very much compliment the other parts of the house. In order to avoid many construction errors, an experienced renovation contractor should be hired.
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Types of Home addition Projects. In order to add extra space to one’s home, there are a variety of ways that should be considered. Consider the design of your home as well as your budget to make a decision. There are a couple of home addition projects that one can consider as outlined below.
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o Adding an extra room. o Adding an extra bathroom if there is only one bathroom in your home. o Building a room above the garage. Will the Project increase the Property Value? Home addition projects can add value if you consider selling your home in the future. To answer the first question, the resale value of the house increases. When choosing the area to carry out the home addition project, it is important for one to consider those areas which may make the house fetch good cash in case of reselling it. for instance if one adds another bathroom in a house that only has one room, it may be very beneficial. Deciding the Cost Factor When you plan your budget for a home addition project, consider factors such as cost per square feet and the size of the project. The larger the area, higher will be its cost. The costs involved include those incurred in demolition, flooring, excavation, remodeling among others. Do I need to hire a Professional? It totally depends on the complexity of the work. If the adjustments to be made are simple, a handyman could be hired. A professional renovation contractor should be hired if the project is complex. When it comes to the hiring process, make sure that the contractor is licensed and insured. Feeling that your home does not have enough space is normal despite one loving their home. In such a situation, a home addition project can help you in creating an additional living space in your home.