Boosting home value with a home addition?
Let’s be honest. We’ve all had that moment where we looked at a cluttered home and said “If I just had one more room, everything would be perfect.” That’s why many homeowners are choosing to stay put and expand. Why? Adding a home addition is one of the smartest ways to transform your current house into your forever dream home. In addition, you’ll be boosting home value with a home addition.
Here is why adding square footage is the ultimate “triple threat” for your property.
1. The Financial Win: Maximizing Your Home Value
In the world of real estate, size almost always matters. A home addition is one of the few renovations that provides a tangible increase in your home’s market value.
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Cost vs. Value: While ROI varies by region, additions like a sunroom or porch enclosure often recoup 60% to 75% of their cost immediately upon resale.
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Price Per Square Foot: In many markets, the cost to build an addition is lower than the current market price per square foot. This means you’re essentially “buying” equity the moment the drywall goes up.
2. The Lifestyle Win: A Seamless Functional Addition
A home should work for you, not against you. If you’re currently playing “furniture Tetris” just to fit a desk into your bedroom. Functionality is your biggest pain point.
Common functional home addition upgrades include:
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The Home Office: With remote and hybrid work becoming the norm. A dedicated office is no longer a luxury—it’s a necessity.
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Event Planning Space: Having the additional space for get togethers, parties and holidays is a benefit that all of us don’t know we need.
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The “Hobby” room: Adding a dedicated entertainment space or greenhouse can provide the biggest relief in daily stress. You now have a dedicated space for the things that you value the most.
3. The Visual Win: Elevating Aesthetics
Let’s not forget the “wow” factor. A well-planned addition isn’t just a box tacked onto the side of your house. It’s an opportunity to redefine your home’s character.
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Modernizing an Old Layout: Older homes often suffer from “choppy” floor plans. An addition can help you transition into a modern, open-concept layout with better natural light and flow.
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Curb Appeal: A front-facing addition, such as a wrap-around porch, can completely change the architectural profile of your home, making it the standout property on the block.
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Custom Finishes: This is your chance to pick the aesthetics and decor you’ve always wanted.
The Bottom Line
A home addition is more than just hammers and nails; it’s a strategic investment in your home’s appearance and your quality of life. By focusing on boosting home value with a home addition, you’re ensuring that every dollar spent today comes back to you—either in a higher sale price or much happier days in your new sunroom. If you have any questions, contact us here or call us at 608-222-7777.