Home Additions
Sooner or later, most people find the need for a home addition to provide more room for their family. Even if you don't need the extra space, you'll find that a home addition can greatly increase the resale value of your home. A similar sized house with more number of rooms is always preferable to one with fewer rooms. An addition to your home can also help you plan for the future when your needs change. Adding on an extra kitchen for use during entertaining, or a study area for the kids, or a den for you, can greatly enhance the quality of your life too, making a room addition a value intensive project.
When it's a matter of investment in addition to your home, an extensive addition may not always justify the cost if you sell the property immediately upon finishing the addition remodeling project. A small kitchen or bathroom addition will most likely give you greater ROI than an extensive second story addition. You will enjoy maximum value for money if you undertake as many extensive additions as you can, like a complete second story addition, enjoy your new spaces for as long as possible, before putting it on the market. Also, take into consideration that your investment may include upgrades to your heating and cooling system, and changes to the exterior of your home.
Certain home additions, like adding an extra bedroom can be necessary changes to your property. If you find that your children need their own rooms to avoid stifling each other, you'll find that bedroom additions are a cheaper alternative to moving. Other additions are not entirely necessary, but greatly enhance the quality of your life. For instance, a sunroom addition can help brighten your home, and provide a large space for entertaining or socializing. A beautiful custom sunroom addition that makes use of high efficiency glass, and top of the line wood will give you a beautiful sunroom that makes lounging a pleasure.
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I'm thinking about buying a fixer condo, 922 square feet total, 2 bed, 2 bath. I'd like to get a ballpark idea of what a total replacement of everything would be. Carpet, paint, bathrooms, kitchen, all appliances, built in closet systems. I want to go midrange or less. I'm not looking for high end. |
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