Renovation ROI: 4 Home Additions That Are a Tremendous Bang for Your Buck

Basement converted to a gym_White Plains

Many homeowners set aside money every year to reinvest back into their property. Your home will most likely be one of the biggest purchases you ever make, and you want to be sure that every remodeling project you carry out is going to increase its value. Here is a quick look at four popular home additions that often have an excellent return on investment.

Turn Your Attic into a Bedroom

The National Association of Realtors says that an attic conversion has an average ROI of around 61 percent. Adding an extra bedroom is one of the easiest ways to boost the value of your property without actually changing the structure of your home. When you are converting your attic, you should make sure that it is both accessible and comfortable.

Add an Outdoor Living Space

Those who live in a relatively moderate climate might be able to substantially increase the value of their home by adding an outdoor living space. Unlike many indoor renovations, creating an outdoor living space can often be completed by the homeowner. You will only need to call in a professional contractor if you want to install underground gas, water, or electrical lines.

Install a Utility Carport

A utility carport will maximize your outdoor space without breaking the bank. In addition to the covered area, a utility carport from places like Coast to Coast Carports Inc. also includes a small indoor area for storage. These structures can be installed within just a few days, and they are the perfect option for those who have boats, motorcycles, extra cars, or ATVs. You can even run power to the storage area to turn it into a workshop.

Remodel the Basement

While converting a basement into a bedroom can have an excellent ROI, you might also want to think about turning it into a family room, entertainment room, or bar. Many real estate agents and buyers love to see unique additions that will make a home stand out from all other nearby pieces of property. Updating the lighting, adding some neutral carpet, and painting the walls can be carried out in just a few hours, and those upgrades will drastically increase your home’s living space.

Even if you have quite a bit of experience as a DIY enthusiast, most of these major additions should be left to the professionals. Not only will a reputable contractor be insured, but they will also guarantee that your project adheres to all local and state regulations. If those contractors make a mistake, then you won’t have to worry about stiff fines and fees.

How To Choose Architects For Your House Extensions?

Are you planning for house extensions? If so, you have ample tasks to perform among which the key action will be to hire a competent and worthy architect. For a layman, the task of assessing the worthiness of an architect will never be an easy task. Hence, you need to approach this task, being wise and considerate. This article will discuss the key points of consideration in this regard.

House Extensions
House Extensions

Does the architect hold the necessary qualification to operate in the similar capacity?

The first and foremost point is to check whether the architect holds the necessary qualification to operate in the similar capacity. This is a high-end profession and hence, a professional in this regard should have the necessary qualifications. Approaching to a qualified professional for house extensions will ensure that you will be getting the most delightful outcome in the end.

The extent of experience that the provider holds

Remember, the best services can come from the experts hand only. With that said, you should always consider the extent of the experience that the provider holds. An experienced architect will have the expertise and solution to address your needs. Most importantly, an experienced architect can give you worthy suggestions that will enable you to complete the house extensions flawlessly with the perfection, without getting into troubles and hassles. An experienced architect will know the tricks and tips to complete the extension projects, within competitive expenses.

Does the architect accomplish similar projects like yours previously?

You should check whether previously, the architect has accomplished projects, similar to yours or not. This will ensure that the architect will have the expertise to deliver up to your expectations. In this regard, it will be a wise decision to approach the experienced architect that have executed innumerable projects for House Extensions. In his/her avid experience, he/she must have accomplished the type of the extension plan that you might hold. This will ensure that the architect can meet your expectations. You can even ask the architect to furnish portfolio of the works that he/she have already executed in the past.

House Extensions
House Extensions

What about the service fees payable to the architect?

When you are looking for an architect for house extensions, you should consider the service fees payable to the professional as well. Depending on the experience and reputation, the fees payable to the architect can go to a sky-high extent. Hence, before you hire a professional architect, you should check the fees payable to him/her. You should discuss with the professional in this regard and collaborate with the architect who charges reasonable service fees. However, don’t overemphasize the aspect of the payable service fees. You should look for architect that hold reputation in the market, yet, charges competitive professional fees. Fortunately, the best architect always adopt fair pricing strategies.

What about the reputation of the architect?

The Reputation of a professional grows only after he/she had served the customers consistently for a significant span of time. Hence, you should always approach the reputed professional. A reputed professional will know the tricks and tips to meet your expectations. Moreover, by availing the services of these professionals, you will certainly experience the best grade services. In this regard, it will be wise to refer to the reviews on the services of the architect that will enable you to make a realistic assessment of the worthiness of the professional. A reputed and reliable architect will always feature positive reviews and hence, you can definitely afford to rely on such professional.

Selecting an architect, considering the points stated above will fetch you the most competent expert to take care of your plan for house extensions.

 

 

 

 

 

5 Factors to Consider When Planning Home additions

Home additions, when done right, can be pleasing and functional additions. Many opt for home additions to add more value to their home or just get more space for the family. However, just like any other project in the world, it is wise to count the cost before diving into it. Many have started home additions without planning it out completely and they have failed or ended up with horrible result.

Home Extensions Service
Home additions

So to help you out with your next endeavor, here are certain important things that you need to consider before implementing a home extension project:

1. Get the Objective Clear

Before starting with home additions, ensure that you are clear about what you are going to do and why you will be doing it. Often, home additions are not needed and the home can become more spacious with just a little bit of planning of interior décor. If home additions are absolutely necessary, then just think about for whom you are doing it and what design would be most appropriate for them. For example, if the home extension is for kids then add more fun and zing to the design, whereas for the elderly a more cozy and relaxed design that is accident proof is needed.

2. Finalize on The Design

While considering the design, you will also need to think about the availability of space that you want to extend. Is it wise to extend sideways or does an upward extension makes more sense? Along with this, you will also need to consider the budget and see if the home extension design and plan fits well within your budget or not. There are other such important factors that come into picture such as should the home extension design match with the existing design of the home or can more sunlight come into the home extension. Considering these factors will help you get the best design for your home additions plans.

3. Planning Permission & Building Regulations

Check with your local building department to make sure your home extension meets set building regulations. If it meets the material requirements and other regulations, then go ahead and apply for your building permit. Be sure to include the costs of acquiring one in your budget before even planning it.

Home Extensions
Home additions

4. Inconvenience to Neighbors as Well as Yourself

While planning your home extension project, make sure to create a timeline of the different phases in the project. This will help you see if the project overlaps any holidays or family events and if any inconvenience will be caused to you or not. Sometimes, the home extension project may need you to move out for some time. So, think about the moving out arrangements for your family.

Additionally, the home extension may cause inconvenience to your neighbor so think about them as well. If you need any permission from your neighbor’s get them well in advance or inform them of the home additions project so that they are prepared for it.

5. Do I Need an Architect or Builder?

The complexity of your home additions design will help you determine if you need an architect or a builder or not. If the design demands for anyone of both of them then search for the right one that you can rely on for high quality work as well as to do things within your budget. Ask around for recommendations and your family and friends can help you with this.

Consider these factors well in advance in planning stage of your home additions project. Doing so will ensure that you accomplish the project smoothly without any hindrance or problems!

Positives facts of building a 2 bedroom granny flat

A granny flat is the special residential setting that many homeowners build to accommodate elderly people who are in their later age and cannot make living on their own. Putting them in a nursing home for strangers to take care of them is not your only option. A granny flat is an accessory suite that belongs to the primary dwelling and can be found with attached or detached design. So, a granny flat comes in to aid old-age family members who can live happily in 2 bedroom space that are complete with kitchen, bathroom and pleasant living area.

2 bedroom granny flat
2 bedroom granny flat

This concept has found a significant place in today’s homeowner’s essential to-do-list when it comes to building an extra personalized space for accommodation of their loved ones. The thought of constructing the granny flat setting also crosses the mind of urban citizens because of its ability to enhance the value of property and give you an opportunity to earn additional income.

Of course, there are pros and cons of building such an accessory to your existing property. Your final decision of whether or not to go for the extra space depends on what you make of it.

Positives

Here are some of the pro factors:

Great emotional support

Can you think of the pain your parents may have to go when they get retired from their job? Or worse, when they lose their partner? In time of emotional trauma and misery, the elderly members of your family need support and shelter and warm touch of their loved ones. To make them feel less lonely and loveless, you can allow them to stay in a 2 bedroom granny flat built close to your existing house and make them feel loved, cared and secure.

2 bedroom granny-flat
2 bedroom granny flat

Relationship gets stronger

As you are able to provide much needed emotional support and good care for your parents, you can earn better opportunities to stay close and connected to the elderly family members. You know them better, so only you can give them much comfort and warmth they deserve. By spending more time with them, you can make them feel special, safe and healthy. Thus, your relationship with them remains active and stronger.

Affordable alternative

Can you compare the arrangement of 2 bedroom granny flat built close your house to an independent second house built separately for your parents? Without a doubt, having a granny flat is much more affordable than any other option you have thought. Sending your parents to a retirement home will also not be an appropriate decision since it will cost you more, and your parents may not feel easy and comfortable in an alien environment.

Your second reliable income source

You can switch the users of your flat from time to time. Though the main purpose of building a granny flat is to accommodate certain family members, you can change the rules of the setting in the future. You can rent it out to teenagers who need some space for recreation or music studio and generate regular income stream. Plus, investors are always looking for additional functional space that can be of special use.

Moving on up: What to Consider with a Second Story Addition

Wouldn’t it be cool to just easily add another story to your house like you can do with Legos? Well, removing and re-attaching the roof isn’t that easy, but it isn’t much of a drag either. Adding an entire story addition to your home provides your family with a lot of spare space and amazing views, but there are some requirements you need to meet first.

expand-your-house

Structural Requirements

Unlike your old roof system, an entire second story with overcrowded rooms will weigh much more. You cannot just start building it; otherwise your home will collapse. You will need professional engineers to calculate how much weight the foundation and walls can carry and how to strengthen them. A second story will require structural support, which consists of adding steel connections and plywood in main walls and foundation. You cannot neglect this, especially if your home is older and if you live in the area of high seismic risks.

Whole-House Look

Your home probably has one design that prevails throughout the exterior and interior. Adding a second story can disturb the completeness of the design if not done right. There are a lot of décor details to be considered, but the Hudson Homes experts suggest planning a design of a second story as it was always intended or present in your home. Don’t deviate from the house’s design. Rather, mimic the colours, finishes, mechanical and structural work and your home will look complete. A good design of the second

construction

story will only enhance your curb appeal and the home’s functionality.

Mechanical Work

This aspect of adding a story could seem tedious. The furnace, water heater and electrical panels are adjusted to the initial square footage, but now you have to expand all the systems. HVAC systems can easily be replaced or new zones can be added, depending on their type. Electrical panels are upgradable, and can be upgraded to 200 amps, and hot water can be delivered in many ways. You can install tankless heaters that have circulating pumps, opt for regular tank systems or separate on-demand systems for your new master bathroom. Another option is to upgrade your home to energy-efficient systems and install ductless or geothermal heat pumps and solar-assisted hot water.

Stairs

Second story addition has one more tedious, but solvable problem – the stairs. New staircase means reducing the space in one of the rooms, which can greatly affect their use and functionality. However, there are the lucky situations such as extending the existing staircase from the basement. If you are of no such luck, you will need some creative thinking. Consider the use and function of all the rooms and consult with an experienced architect. There is no doubt that you can find the perfect solution without disturbing the traffic flow in your home.

spiral stairs

Insulation

This remodeling will probably require removal of the old siding and sheathing from the exterior. Do not despair; use this opportunity to renew your home’s insulation. Some older houses usually don’t have any insulation in their walls, so installing some on both the main story and the new one is a good investment. If your home does have insulation, you can use this occasion to upgrade it to more sustainable one. Keep in mind that the energy consumption will increase along with the increased size of your home, so put in some more effort and money into natural insulation or cladding systems.

Roofing

Without exception, this upgrade of your home requires the removal of the entire roof. Even though you cannot just attach it like it’s a Lego block, a good contractor will make things almost as easy. Many experts recommend adding a second story during the winter when the rains are scarce, but in case of any weather inconveniences, they will make sure your home is protected. You might not even have to vacate your home during the project.

This project is a big investment and it takes time, so make sure not to bite off more than you can chew. Precise plans and trustworthy contractors are a must for a quality base, while the design will be a piece of cake.