Home additions are a significant investment. As such, homeowners would naturally want to maximize their return on investment (ROI). Nuss Construction Company, a top remodeling contractor in the state, details how you can get the most value out of a home addition.
Planning a New Home Addition
Before deciding on a new home addition, ask yourself these questions:
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Where will it be located? A large home addition would entail significant costs. But you might incur other expenses depending on the location.
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Will it be useful all-year round? Some home additions might only be useful during specific months.
After asking yourself these questions, evaluate the viability of your planned home addition based on these four aspects.
Functionality
The primary reason why homeowners would even consider a significant investment like a home addition is to enjoy a better quality of life. For homeowners with growing families, they may want to add more bathrooms for their kids or more space for their family. Whether it’s through a new space or a repurposed room, home additions have to prove they can make your life at home more comfortable.
Utilities
Of course, with expanded functionality comes additional expenses. While it’s important to think about a home addition’s impact on your monthly budget, you should keep in mind the overall value it will bring.
Maintenance
Chief among those new expenses are the maintenance costs. Consider the frequency and cost of your home addition’s upkeep. Home additions that need frequent and expensive maintenance are more likely to outweigh the value they offer.
Aesthetic Appeal
Just in case you decide to sell your home in the future, home additions that enhance the aesthetic appeal of your home’s exterior can increase its resale value.
Keep in mind shoddy remodeling will decrease the value of your home. Whether you need general contractors or bathroom remodeling contractors, only hire qualified ones like Nuss Construction Company for the remodeling work. To set up an appointment, call (856) 988-9982, or fill out this form. We serve homeowners in New Jersey, particularly Wayne, Kinnelon and Wycoff, NJ.
