Do Additions Add Value to a Home

Additions do usually add value to a home provided that they are done properly. In particular, additions may need to meet local building codes to be legal. This is especially true if electrical work or plumbing is involved. It’s therefore vital to employ reputable home addition contractors who comply with the relevant laws.

How to add value to your home?

Many homeowners and landlords are very interested in finding ways to add value to a home. There are many home improvements that can potentially add value to a home. Most of them, however, essentially boils down to making your home function more effectively. Typically, home additions offer the best value for your money as they maximize the usable space in your home.

What is the value of home additions?

Home additions can often give homeowners more “room to maneuver” both literally and figuratively. Adding just a bit of extra space to your home can make it possible to reconfigure a home’s internal layout. Sometimes this can involve major work, for example, a kitchen remodel or a bathroom remodel. In many cases, however, it just involves some relatively minor tweaks. For example, a home addition might allow you to turn a kitchen into a kitchen/dining room. This could free up an existing dining room to be used for something else such as a home office. Home additions are often beneficial in multiple ways. First, they make your home a more enjoyable place to live for you and your family.

Second, they often add value to your home when you come to sell it. There are many factors involved in setting home prices. The two most important, however, tend to be location and usable space. Home additions increase a home’s usable space, hence usually adding value to it.

Third, getting a home addition may prevent you from having to move to find more space. If you like your home, your neighbors, and your neighborhood, you’d probably prefer to stay where you are, if possible. Getting a home addition can make that possible. It can also be significantly less stressful than moving home.

The legality of home additions

Many home additions will need approval. Experienced, local home addition contractors will be able to advise on this. As a rule of thumb, however, as long as your home addition will not cause unreasonable disruption (e.g. to neighbors), you can expect to get approval.

The actual home addition itself will need to comply with your local building regulations. These will vary from place to place and may also depend on what you need to do. If your home addition involves electrical work and/or plumbing, then there will be additional requirements to ensure safety.

Any reputable contractor will not only ensure that all these requirements are met but will also give you the paperwork to prove it. This paperwork will be essential when it’s time for your home to be sold. Reputable contractors will also be fully insured, so you can have complete peace of mind.