3 Questions to Ask before Adding to Your Home

For many homeowners who are looking to add to their home, you have already spent time looking through magazines, showrooms and any number of other models to give you the inspiration you need. You probably have a budget, goal and even clippings of what you want your home to look like when done. If you are ready to begin the addition process, here are a few questions to ask yourself before making the final decision on your project.

If you were building your home brand new, how would you design it? It can be difficult to see beyond what you have already. Forget about what your home looks like now and start thinking about what you would like if your home were being built from the ground up. This allows you to be creative and prioritize those things that you really want in the addition. You can then look for ways to transform your current building into the home of your dreams through your new addition.

Is the addition going to add value to the home? Even if you aren’t planning on selling your home in the near future, you or someone down the line probably will sell it at some point. You might also want to refinance the home and take out a line of credit on it. In that case, you want to get the highest amount possible on the appraisal. Always consider the resale value to your addition.

Is there another option to get what you want without having to spend as much money? If you are planning on staying in the home for a few years, there is no reason why you shouldn’t add onto it. You might as well enjoy everything you have while you can. Of course, that doesn’t mean you shouldn’t look for ways to cut down on the total cost of your new addition. However, you don’t want to skimp on materials or quality for the sake of saving a few bucks.

When it comes to an addition, you are in complete control of how large or small you want the addition to be. Depending on your budget and expectations, you can create a space that is large enough to put in a couple bedrooms or small enough to house an extra bathroom. Discussing your expectations with the contractor will help you determine what is in your best interest. They can help guide you through the process and make sure you are getting everything you need and more. Your addition should be a place that you can enjoy for quite some time, while being affordable, functional and aesthetically appealing.