Additions to your home can be a great way to not just transform your property, but also increase its value. If you’ve been looking into taking on a remodeling project this fall, consider adding a new room or enlarging an existing one.
Here are just a few of the biggest benefits associated with new home additions in Santa Fe, NM. If any of these make you think of your own situation, keep in mind that fall is a great time to start meeting with contractors!
Perhaps the most obvious benefit is that an addition will give you some more square footage you can use for practical purposes. Add more storage to your home, increase the number of people you can fit into a family room or add on another bathroom or bedroom to support your family size. The addition doesn’t even have to be huge—sometimes just adding on a little bit of square footage can really transform your space and achieve big results. Just a few feet added to a kitchen, for example, can make a massive difference.
Adding more space doesn’t always add value to your home, but it certainly can in some circumstances, particularly if you’re adding on another bathroom or bedroom. It’s a good idea to talk to a real estate professional if you’re interested in adding an addition specifically for the purpose of increasing your home value, just because they’ll be able to give you an idea of market trends and what’s hot right now in your area.
If you feel like you don’t have enough space in your home, you essentially have three options: live with it, move or build an addition. It can be a difficult decision to move, especially if you’ve built up a lot of memories and sentimental attachment to your home. Plus, moving is a huge chore—you not only need to find a new place to live, but then you need to pack everything up, rent trucks, hire movers and go through the process of completely uprooting yourself and resettling. Putting an addition on your home will ultimately cost you less money while also allowing you to stay in your house and avoid the massive inconvenience of moving.
Putting an addition on your home could also potentially create new opportunities to earn income if you’re interested in renting out a room or a suite in your home. This opens up income potential that will eventually make the addition pay for itself and give you some cash you wouldn’t have otherwise gotten.
If you have an elderly parent living with you or an adult child just out of college, it might make sense for you to add some space to your home for them to call their own. With an elderly parent in particular, working on an addition that is geared toward their specific needs can be a good idea for accessibility purposes.
For more information about the various benefits of home additions in Santa Fe, NM, we encourage you to contact the team at Apple Construction LLC today to arrange a consultation.
Categorised in: Remodeling