Renovations are a great way of repurposing existing space, but if you’re looking to expand the amount of living space in your home, home additions are a better option.
- Better quality of living – Home additions increase the amount of living space in a home and in the process improve the quality of living for homeowners, especially those with growing families.
- Total control over the design of the additional living space – Want to add a personal touch to a home you recently purchased? Home additions are an option you might want to consider. You’ll have maximum design flexibility since you’ll have total control over the design of your new living space.
- Excellent returns on investment – According to some studies, homeowners can recoup their initial investment on a mid-range two-story addition at the time of sale. The additional living space can also increase your home’s property value.
Of course, home additions aren’t without disadvantages. For many homeowners, the biggest disadvantage of pursuing a home addition is the sizable investment they require. However, you shouldn’t get too preoccupied with the costs. When pursuing a home addition, you should consider the value it adds to your property
Maximizing Your Return on Investment (ROI)
For instance, you can choose a home addition with a high ROI. The home additions with the best ROIs are two-story additions (ROIs of up to 65%) and master suites (ROIs of up to 63%). For more tips on maximizing your ROIs from a home addition, consult an experienced remodeling contractor.
Bay Valley Contractors, a company with three decades of experience, offers a wide range of professional exterior services, including gutter installation and home addition services. To request an estimate, call us at (925) 718-0780, or fill out this form.