Home additions are fun because they get you one step closer to the home of your dreams. However, it’s important to watch your step when adding onto your home because the money you put in won’t always add more value to your home. With any remodel or addition, a homeowner has to think 2 steps ahead i.e. your future sale.
A home addition can be a wise choice whether you’re selling a home or looking to increase the usefulness of your property. If you’ve weighed the possibilities and decided on a remodel instead of a move, consider adding one of these additions to give you the space and amenities you’re craving.
Below are 4 surefire additions to make you happy and add value to the property in the eyes of the next homeowner.
BATHROOM SUITES
Source: housely.com
A bathroom can have the biggest impact on home value. Large bathroom suites and bathrooms connected in between a master bedroom can create an inviting retreat in the home. Modern bathroom suites usually include the option for both a shower and a soaking tub. Giving these two options can add even more value as it creates a larger space to relax.
Adding new fixtures that take advantage of water efficiency can add value as well. For example, newer thermostatic valves in showers can keep the shower at precisely the same temperature every time you shower. This can save on water heater operation costs, particularly if you have an electric water heater.
HOME POOLS AND SPAS
Source: onekindesign.com
There was a brief time when an in-ground or above-ground pool installation could actually detract from the value of the home because of the cost of maintenance. However, modern pools have more efficient technology that keep the pool clean and require less-frequent chlorination.
Many homeowners are finding the benefits of creating a relaxing haven in their own home to enjoy family gatherings or as part of a private retreat. Places like Blue World Pools offer above ground pool accessories such as automatic timers and solar covers. These automated devices are a popular option with many pool companies that save time and encourage homeowners to consider a pool that requires less maintenance.
IN-LAW QUARTERS
Source: decorationartloft.com
An aging population that requires more independence than previous generations means a spike in home additions. We’ve already seen the spike in multi-generational households so if you add in-law quarters, your home will attract even more buyers on the market.
Many homeowners are finding the benefit of private quarters for their aging parents or even young adult children in the home. These additions can add considerable value to the home. In-law quarters can include ADA compliant bathrooms and wider spaces. These additions also offer the opportunity for potential buyers to gain additional rent if needed.
OUTDOOR DECKS AND PATIOS
Source: dailymilk.com
A spacious deck can be the opening focal point to your backyard. Paver patios and wooden decks can add the most bang for your buck when it comes to landscaping. An outdoor patio can be connected to a pool or spa to create a large entertaining space. Modern patios and decks are quickly moving towards functioning as an outdoor living room space that includes fire pits and pergolas for shade. A deck addition can add a recouping cost of up to 90% of the investment in the home.
These home additions add both value and luxury to the home without considerable contracting involved. A home addition can be a wise investment whether your family is looking for a backyard retreat with a pool or a place for mom to retire with extra privacy.
Thank you for reading. I hope you found this information useful.
Jeff Pittman, Realtor in Ladera Ranch – Orange County, California