There are plenty of great reasons to consider adding on to your home. Additions raise your property value, give you and your family more space, and can add valuable storage or living areas to your home. You could even add a suite that could be rented out to help raise additional income for you and your family.
The possibilities are endless when it comes to adding on to your home. We’ve collected our favorite types of home additions to showcase which ones add the most property value, space, and utility.
Here’s our list of the top 5 Home additions:
- Sun Room or Screened-In Room: Depending on what climate you live in, a sunroom or simply a screened-in porch can make an excellent addition to your home. You can entertain guests and enjoy the weather outdoors without having to fight off mosquitos and other bugs. If you’re in a colder area, a sunroom can be a fantastic alternative to a screened-in room, though it will cost significantly more to get glass put in. Unfortunately, sunrooms don’t raise property values too drastically, but if you aren’t planning on moving anytime soon, it could make for a wonderful plant room, or area for entertaining guests.
- Adding a Second Floor: If you don’t have room to expand your home outwards, you can add a ton of square footage by moving up instead. Adding a second story can be a lot to coordinate, you’ll need to check with city hall, draw up very precise plans, and make sure that your current structure is sound enough to hold a second story. In addition to all that, you’ll need to check out the rest of your neighborhood to make sure you’re not making your house look drastically different from the others, or you’ll have a hard time recouping any of the cost of adding a second story when it comes time to sell. Many people will add a second floor to a portion of the house rather than expanding the whole floor plan up another level. Adding a second story just over the garage is a popular option for many homes.
- Installing Solar Panels: This addition doesn’t add any square footage to your home, but in terms of utility, it’s probably the most important addition on this list. If your home is facing south, has plenty of sun exposure, and has sufficient area on the roof you could easily generate all of the power for your home through solar panels. In some cases you might even have enough excess to sell that power to the local power company and make some extra money on top of saving the money from your energy bills. There are many companies that can install solar panels on your roof, make sure you are getting one where you get to own the system. That way any excess energy can be sold and you’ll be entitled to any profits from it. Get off the grid and make some money while you’re at it!
- Expand Your Kitchen: The kitchen is the heart of the home, and some homes just don’t have quite enough kitchen to begin with. Expanding the kitchen is one of the most popular home additions and/or renovations. The extra storage provided is a godsend if you have a lot of kitchen appliances or cookware. It also gives your family a great place to hang out and spend time with each other over food. By extending an exterior wall in your kitchen by just 3 ft you can gain a ton of useful space to use however you see fit.
- Add a Second Bathroom: If you live in an older home, chances are it only has one bathroom or 1.5 bathrooms. Adding a second bathroom to your home, or even expanding the master bathroom to be more luxurious can be a huge selling point when potential buyers are looking at your home. This is one of the more utilitarian additions on our list, but it’s a huge plus for a lot of buyers. Turning a 3 Bedroom/1 Bathroom home into a 3 Bedroom/2 Bathroom home can seriously increase your property value, making it a worthwhile addition at any point in the life of your home.
These are our top choices when it comes to popular additions to homes. There are endless possibilities when it comes to additions, and most of them will increase your property value and enjoyment of your home.
If you are thinking about adding on to your home, get in touch with a general contractor in your area to put together a plan and get an estimate for your addition. Once you know what you want to do, you can go about getting permits and making it happen. Good luck with your additions and renovations!