Before you begin purchasing materials or engaging in construction work, it’s important to have a well-thought-out plan in place for your new home addition. Consider collaborating with a home addition contractor to ensure that all aspects are carefully considered. The following suggestions can assist you in developing a successful plan:
- Determine the purpose of the addition: Reflect on why you are adding a new room. Are you in need of extra space for guests or a designated area for your teenagers to socialize? Consider whether remodeling existing space could fulfill your requirements instead, as it may be a more cost-effective solution.
- Evaluate the value it will add to your home: Even if you plan to stay in your home for several years, it’s wise to consider the potential resale value of the addition. Assess what other homes in your neighborhood offer to gauge the economic sense of your project.
- Establish a realistic budget: Prior to committing to the construction, thoroughly assess your financial situation. Determine how you will finance the room addition, whether through savings, refinancing your mortgage, or obtaining a home equity loan or line of credit. Consider all associated costs, including increased heating and cooling expenses, higher insurance premiums, and potential property tax adjustments.
- Conduct thorough research: To ensure a smooth process with building permits and inspections, review your mortgage paperwork to verify property lines and rights of way. Familiarize yourself with local zoning ordinances regarding setbacks, height limits, impermeable surface requirements, and any other relevant restrictions.
- Address the logistical challenges: Every construction project presents unique challenges. With a room addition, it’s crucial to determine how the new space will integrate with the existing structure, paying close attention to proper roof attachment. Consider whether it’s possible to match the materials and finishes of your home, and plan accordingly. Additionally, assess how contractors will access the construction site, particularly if it’s located in a densely populated area.
- Engage a qualified home addition contractor: Ensure the success of your project by hiring a reputable home addition contractor. You can find a qualified professional by using your ZIP code to be matched with a contractor whose workmanship is backed by a five-year warranty and whose credentials, including insurance and experience, have been thoroughly vetted.
