Why Building an Addition is Better than Buying New
This year, BLB is taking on several home additions – thus dubbing 2022 as the “Year of the Addition.” In our experience, we’ve found that our clients prefer to add to their existing homes rather than find a new one. As market prices continue to soar, more homeowners are opting for additions. Whether the new structure is built up or out, additions are considered the most cost- and the emotionally-effective way to add extra living space to your home.
Financial
Compared to buying a new home, building an addition, specifically small, single-room additions, could be a fraction of the cost. Although a larger addition can quickly add costs, buying a new home can be more expensive after the fees, agents, and lawyers are paid.
Building an addition will also help with resale costs in the future. According to RenoFi’s Return on Investment Report, additions that add functional space and square footage have the highest ROI and boast considerable long-term value. Long-term value assets include second-story, bedroom, and bathroom additions because their use will remain valuable for years to come and don’t rely on design trends. RenoFi reports bedroom and bathroom additions to recoup 47.7% to 52.8%, respectively, of the value at the time of sale.
However, increased value and ROI are not considered a “one size fits all” approach when remodeling and is dependent on the type of work scheduled. Therefore, when looking to add living space, consider what rooms would be most valuable and functional for your family in the present and those in the future.
Design
One of the greatest benefits of a home addition is the fact that it is completely custom and tailored to your wants and needs. While some new homes are turn-key, most will not meet all of your design expectations. Building an addition allows homeowners to have complete control over the design of their new space, and depending on the budget, the builder can accommodate whatever the desires are.
Emotional
Buying a new home can be exciting, but it can also be stressful and sad.
Most families would prefer to stay in the same location due to school and work locations, walkability, and the neighborhood, or they simply love their current home. Opting towards an addition project allows families to remain in the same place while adding extra square footage.
Depending on the type of addition, families can also remain in the house during construction. While home improvement projects can be emotionally taxing, remaining in the home during construction is cheaper than renting a property for several months.
If you’ve decided on building an addition rather than buying a new, the next step is to determine what type of addition works best for the existing space. Additions can either be vertical (i.e. “up”) or horizontal (i.e. “out”), both offering a variety of benefits when adding more living space. Local zoning and property laws should also be considered when deciding to go up or out.
Building Up
Building up is the standard when building a second-story addition onto an existing structure and proves to be the best way to add value to your home, such as the Second Story Addition. Building up is also commonly chosen when yard space is limited or restricted, meaning precious yard space remains intact and usable. Additionally, it is generally less expensive to build up rather than out because homeowners save on the cost of adding a new foundation.
However, zoning laws can still inhibit plans to build up. Depending on the locality, zoning authorities can prohibit second- or third-stories based on their overall height. Additionally, building up is more intrusive than building out. Homeowners generally do not stay in the house during vertical construction because the original roof will be removed.
Building Out
If the existing home is small, building up won’t add much more square footage because the builder is constrained to the original footprint. Therefore, building out is the best way to dramatically add square footage to your space. Depending on the location and scope, homeowners can continue living in the home throughout construction as the kitchen, bathroom, or bedrooms are not affected. With ample outdoor space, horizontal additions provide more leverage with the design and are without height restrictions. However, note that building out will certainly decrease valuable yard space.
Although homeowners don’t need to worry about height restrictions, property setbacks – and the subsequent special permit process – can interfere with horizontal additions. Lastly, building out is generally more expensive because the new structure will need a new foundation.
Recap
- With market prices soaring and homes flying off the shelf, homeowners are choosing to build an addition.
- Additions are financially beneficial because they are generally cheaper than buying a new home.
- Building an addition can improve resale costs and increase your ROI.
- Additions are completely custom and tailored to your wants and needs, so you won’t have to compromise your checklist.
- Homeowners opt towards additions for emotional reasons, including staying in the same location and neighborhood.
- Building up is one of the best ways to add value to your home; however, keep zoning laws and construction obstructions in mind.
- Building out is the best way to add square footage; however, they will infringe on valuable yard space and sometimes require a special permit.
- Building out is typically more expensive than building up.
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Frequently Asked Questions
How much does it cost to add 1000 square feet to a house?
The cost to add 1000 square feet to a house varies significantly, typically ranging from $100,000 to $200,000, depending on factors like location, materials, and design choices.
What are the steps to building an addition on your home?
The steps to building an addition on your home include assessing your needs, creating a budget, securing necessary permits, designing the addition, hiring a reliable contractor, and finally, overseeing the construction process to ensure it meets your specifications.
How to add a new addition to a house?
Adding a new addition to a house involves several steps: first, determine your design needs, then consult with an architect or contractor for planning, secure necessary permits, and finally, begin construction with a skilled team to ensure quality and compliance.
How to get a building permit for an addition to your home?
To obtain a building permit for an addition to your home, you must submit detailed plans, including architectural drawings and site plans, to your local building department, along with any required fees and documentation.
How difficult is it to add a second floor?
Adding a second floor can be moderately challenging, as it involves structural considerations, design planning, and potential permitting requirements. However, with the right expertise and planning, it can be successfully achieved to enhance your home's living space.
How long does a second story addition take?
The duration of a second story addition typically ranges from 3 to 6 months, depending on design complexity, local permits, and construction conditions. It's essential to consider these factors when planning your project timeline.
Can you add a second story addition to a modular home?
Adding a second story addition to a modular home is possible, provided the structural integrity supports the extra weight. It's essential to consult with a professional to assess your home's design and ensure it adheres to local building codes.
How to build an addition to your home?
Building an addition to your home involves several key steps: first, assess your space and budget; second, design your addition to fit your needs and property; then, obtain the necessary permits; and finally, hire a qualified contractor for construction.
Where do I start if I want to add on to my house?
To start adding on to your house, begin by assessing your needs and budget. Next, consult with a professional builder like BLB Custom Building, LLC, to explore design options and understand local regulations before planning your project.
What permits are needed for home additions?
Permits required for home additions typically include building permits, zoning permits, and possibly electrical and plumbing permits, depending on the scope of the project. It's essential to check with your local building department for specific requirements in your area.
How do I budget for a home addition?
Budgeting for a home addition involves assessing your financial capacity, determining project costs, and including a contingency fund for unexpected expenses. Start by consulting with a contractor for accurate estimates and explore financing options if necessary.
What design features to consider for additions?
The design features to consider for additions include architectural style, integration with the existing home, functionality to meet your needs, natural lighting, and materials that match your current aesthetics to ensure a seamless transition and enhance your living space.
Can I add an addition without planning permission?
Adding an addition without planning permission is generally not allowed. Most jurisdictions require permits for structural changes to ensure safety and compliance with local regulations. Always check with your local authorities before proceeding with any home addition.
What are the best materials for home additions?
The best materials for home additions include durable options like wood, brick, and concrete, which offer strength and aesthetic appeal. Additionally, using energy-efficient materials can enhance insulation and comfort, making your addition more functional and cost-effective.
How do I find a contractor for my addition?
Finding a contractor for your addition involves researching local builders, checking online reviews, and asking for recommendations from friends or family. Be sure to interview multiple candidates to ensure they align with your vision and budget.
What types of home additions are popular?
The popular types of home additions include building out to create extra living space, such as sunrooms or family rooms, and building up to add additional bedrooms or bathrooms, which enhance functionality and value for homeowners.
What is the average ROI on home additions?
The average ROI on home additions typically ranges from 50% to 80%. This varies depending on factors like location and the type of addition, but overall, adding space can significantly enhance your home's value.
How to ensure structural stability in additions?
Ensuring structural stability in additions involves engaging a qualified engineer to assess the existing foundation and framing, using appropriate materials, and adhering to local building codes. This approach guarantees that the addition will be safe and durable over time.
What zoning laws affect home additions?
Zoning laws that affect home additions typically include regulations on building height, setback requirements, lot coverage, and land use classifications. It's essential to check local ordinances to ensure compliance with these rules before planning your addition.
How to choose the right location for an addition?
Choosing the right location for an addition involves assessing your home's layout and the existing space needs. Consider factors like sunlight, access to utilities, and the overall flow of your home to ensure a functional and harmonious integration.
What are common mistakes in home addition projects?
Common mistakes in home addition projects include underestimating costs, neglecting to obtain proper permits, and failing to consider the impact on existing structures. Additionally, inadequate planning for design and function can lead to unsatisfactory results.
How to finance a home addition?
Financing a home addition involves several options such as home equity loans, personal loans, or refinancing your mortgage. Each option allows you to access funds tailored to your needs while enhancing your living space affordably.
Can I live in my house during construction?
You can live in your house during construction, but it may depend on the extent of the work being done. Minor renovations are typically manageable, while larger projects may impact living conditions temporarily. Always consult with your contractor for personalized guidance.
How does weather affect addition construction timelines?
Weather can significantly affect addition construction timelines. Adverse conditions, such as heavy rain, snow, or extreme temperatures, can cause delays by making worksite conditions unsafe or unsuitable for construction activities.
What timelines should I expect for an addition?
The timelines for an addition typically range from a few weeks to several months, depending on the complexity of the project, permitting processes, and design specifics. Consultation with your builder will provide a more accurate estimate based on your unique needs.
How do I integrate the addition with my home?
Integrating the addition with your home involves ensuring architectural harmony, matching materials and colors, and maintaining consistent design elements. Collaborate with professionals to create a seamless transition that enhances both aesthetics and functionality.
What are the advantages of a second-story addition?
The advantages of a second-story addition include maximizing living space without increasing your home's footprint, enhancing property value significantly, and allowing for diverse design options tailored to your needs—all while preserving your yard and outdoor areas.
How to prepare my home for an addition project?
Preparing your home for an addition project involves clearing the area of furniture and personal items, ensuring easy access for contractors, and discussing your vision and expectations with your builder to facilitate a smooth construction process.
What features increase value in home additions?
The features that increase value in home additions include quality materials, additional bathrooms, open floor plans, energy-efficient systems, and enhanced curb appeal. These elements attract buyers and improve overall functionality, significantly boosting resale value.
What are energy efficiency considerations for additions?
Energy efficiency considerations for additions include selecting energy-efficient windows, proper insulation, and incorporating renewable energy sources like solar panels. These elements not only reduce utility costs but also enhance the overall comfort and sustainability of your new space.
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Frequently Asked Questions
How much does it cost to add 1000 square feet to a house?
The cost to add 1000 square feet to a house varies significantly, typically ranging from $100,000 to $200,000, depending on factors like location, materials, and design choices.
What are the steps to building an addition on your home?
The steps to building an addition on your home include assessing your needs, creating a budget, securing necessary permits, designing the addition, hiring a reliable contractor, and finally, overseeing the construction process to ensure it meets your specifications.
How to add a new addition to a house?
Adding a new addition to a house involves several steps: first, determine your design needs, then consult with an architect or contractor for planning, secure necessary permits, and finally, begin construction with a skilled team to ensure quality and compliance.
How to get a building permit for an addition to your home?
To obtain a building permit for an addition to your home, you must submit detailed plans, including architectural drawings and site plans, to your local building department, along with any required fees and documentation.
How difficult is it to add a second floor?
Adding a second floor can be moderately challenging, as it involves structural considerations, design planning, and potential permitting requirements. However, with the right expertise and planning, it can be successfully achieved to enhance your home's living space.
How long does a second story addition take?
The duration of a second story addition typically ranges from 3 to 6 months, depending on design complexity, local permits, and construction conditions. It's essential to consider these factors when planning your project timeline.
Can you add a second story addition to a modular home?
Adding a second story addition to a modular home is possible, provided the structural integrity supports the extra weight. It's essential to consult with a professional to assess your home's design and ensure it adheres to local building codes.
How to build an addition to your home?
Building an addition to your home involves several key steps: first, assess your space and budget; second, design your addition to fit your needs and property; then, obtain the necessary permits; and finally, hire a qualified contractor for construction.
Where do I start if I want to add on to my house?
To start adding on to your house, begin by assessing your needs and budget. Next, consult with a professional builder like BLB Custom Building, LLC, to explore design options and understand local regulations before planning your project.
What permits are needed for home additions?
Permits required for home additions typically include building permits, zoning permits, and possibly electrical and plumbing permits, depending on the scope of the project. It's essential to check with your local building department for specific requirements in your area.
How do I budget for a home addition?
Budgeting for a home addition involves assessing your financial capacity, determining project costs, and including a contingency fund for unexpected expenses. Start by consulting with a contractor for accurate estimates and explore financing options if necessary.
What design features to consider for additions?
The design features to consider for additions include architectural style, integration with the existing home, functionality to meet your needs, natural lighting, and materials that match your current aesthetics to ensure a seamless transition and enhance your living space.
Can I add an addition without planning permission?
Adding an addition without planning permission is generally not allowed. Most jurisdictions require permits for structural changes to ensure safety and compliance with local regulations. Always check with your local authorities before proceeding with any home addition.
What are the best materials for home additions?
The best materials for home additions include durable options like wood, brick, and concrete, which offer strength and aesthetic appeal. Additionally, using energy-efficient materials can enhance insulation and comfort, making your addition more functional and cost-effective.
How do I find a contractor for my addition?
Finding a contractor for your addition involves researching local builders, checking online reviews, and asking for recommendations from friends or family. Be sure to interview multiple candidates to ensure they align with your vision and budget.
What types of home additions are popular?
The popular types of home additions include building out to create extra living space, such as sunrooms or family rooms, and building up to add additional bedrooms or bathrooms, which enhance functionality and value for homeowners.
What is the average ROI on home additions?
The average ROI on home additions typically ranges from 50% to 80%. This varies depending on factors like location and the type of addition, but overall, adding space can significantly enhance your home's value.
How to ensure structural stability in additions?
Ensuring structural stability in additions involves engaging a qualified engineer to assess the existing foundation and framing, using appropriate materials, and adhering to local building codes. This approach guarantees that the addition will be safe and durable over time.
What zoning laws affect home additions?
Zoning laws that affect home additions typically include regulations on building height, setback requirements, lot coverage, and land use classifications. It's essential to check local ordinances to ensure compliance with these rules before planning your addition.
How to choose the right location for an addition?
Choosing the right location for an addition involves assessing your home's layout and the existing space needs. Consider factors like sunlight, access to utilities, and the overall flow of your home to ensure a functional and harmonious integration.
What are common mistakes in home addition projects?
Common mistakes in home addition projects include underestimating costs, neglecting to obtain proper permits, and failing to consider the impact on existing structures. Additionally, inadequate planning for design and function can lead to unsatisfactory results.
How to finance a home addition?
Financing a home addition involves several options such as home equity loans, personal loans, or refinancing your mortgage. Each option allows you to access funds tailored to your needs while enhancing your living space affordably.
Can I live in my house during construction?
You can live in your house during construction, but it may depend on the extent of the work being done. Minor renovations are typically manageable, while larger projects may impact living conditions temporarily. Always consult with your contractor for personalized guidance.
How does weather affect addition construction timelines?
Weather can significantly affect addition construction timelines. Adverse conditions, such as heavy rain, snow, or extreme temperatures, can cause delays by making worksite conditions unsafe or unsuitable for construction activities.
What timelines should I expect for an addition?
The timelines for an addition typically range from a few weeks to several months, depending on the complexity of the project, permitting processes, and design specifics. Consultation with your builder will provide a more accurate estimate based on your unique needs.
How do I integrate the addition with my home?
Integrating the addition with your home involves ensuring architectural harmony, matching materials and colors, and maintaining consistent design elements. Collaborate with professionals to create a seamless transition that enhances both aesthetics and functionality.
What are the advantages of a second-story addition?
The advantages of a second-story addition include maximizing living space without increasing your home's footprint, enhancing property value significantly, and allowing for diverse design options tailored to your needs—all while preserving your yard and outdoor areas.
How to prepare my home for an addition project?
Preparing your home for an addition project involves clearing the area of furniture and personal items, ensuring easy access for contractors, and discussing your vision and expectations with your builder to facilitate a smooth construction process.
What features increase value in home additions?
The features that increase value in home additions include quality materials, additional bathrooms, open floor plans, energy-efficient systems, and enhanced curb appeal. These elements attract buyers and improve overall functionality, significantly boosting resale value.
What are energy efficiency considerations for additions?
Energy efficiency considerations for additions include selecting energy-efficient windows, proper insulation, and incorporating renewable energy sources like solar panels. These elements not only reduce utility costs but also enhance the overall comfort and sustainability of your new space.
