Building a home addition can enhance the value of your home, both monetarily and by delivering more comfortable living for your family. Certain home improvement projects are known to bring better return on investment compared to others. The home additions below deliver the best value for your money.
- Bathroom Additions. Adding a bathroom to a one-bath home can deliver returns between 80 and 130 percent. There are many options for bathroom addition design, and the cost of your home addition will vary based on the structure and finishes you choose.
- Bedroom Additions. Adding a bedroom to your home allows you to expand living space for your family, as well as make your home more appealing to certain groups of buyers should you sell in the future. A master suite addition can include an additional bathroom, as well as walk-in closets and other features. Bedrooms can be added by adding square footage to the structure or converting existing space within the home, such as an attic, which produces average returns of 84.3 percent.
- Second-Storey Additions. Expanding your one-storey home to add a second storey adds significant square footage and living space for your family. Bedrooms, additional bathrooms, and hobby rooms can be designed to fit into this new space, offering an average return on investment of 71.8 percent.
At Woodcastle Homes Management Inc., our team works to design and build home additions that enhance your home and your life. Contact us today and learn how a new home addition can benefit your family.