Adding a room to your house may be costly but can make your house value go much higher. However, much of it will also depend on your house’s condition and size, its location, the kind of addition you do to it, and general market and housing conditions. If you properly plan to do an addition to your house, there are several ideas you may want to consider. So, go on and read about some such room addition ideas that may highly benefit you by taking the overall value of your house to a new level. Study your house You should examine your house to first check the areas where it will be easiest to make room additions. Also, you need to consider the cost effectiveness factor while selecting an area in your house. See where it will be the cheapest to add a room. To determine this, you may consider factors, such as the cost of laying the foundation or to extend the roof, as well as the cost of exterior siding and finishing the interiors. Determine the square footage of your addition and decide whether you would like to add a deck, bathroom, kitchen or bedroom. Determine the estimated cost of room additions Check out the market costs per square foot for new roofing, as well as the costs for electrical work, installation of heating and cooling units, and extending ductwork to the new area. Estimating costs of a foundation would depend on the required excavation, construction type, and soil conditions. After checking out the costs of these aspects, calculate the overall costs for the addition to be made. You may use an online calculation program to make this task easier for you. You should then check with general contractors about their cost estimates and compare to see the value this addition would have. Value enhancement from different types of additions One of the most beneficial room additions could be the addition of a shed roof dormer in order to develop and attic bedroom. A little variation in cost may arise due to the style and size chosen for the roof. An attic bedroom addition may cost much higher than this, but would add high value to the house. You may also think of adding a wood deck or expanding the existing one that also greatly enhances the house value. You may match the deck to your neighborhood or house style. If the climate is warmer, the addition of a deck values higher than a cold climate. Another value addition can be done by enclosing a patio or porch to make a room. Creation of a family room can again be quite costly, while a sunroom may cost a little lesser than that. You can speak with room additions to help you with taking the decision. Adding or expanding a master suite costs a lot but does not pay much in return. Check if you may improve or expand a kitchen or bathroom. If that can be done without any major wall, roof or foundation construction, the returns are really good. So, we may conclude that a room additions could transform you house by increasing its value manifold. But, you should carefully study your house conditions and locations that you could utilize to do your new additions. Get on with the task of budgeting it out and you’d have a profitable venture.
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