A new kitchen, or even a sunroom, are great additions that add value to your home. Additions are also a way to improve your current home, without the need ever to move. Keep in mind that an addition is a significant investment, which means it needs proper planning.
Four Elements Construction in Edmonton provides high-quality home renovations. When it comes to a major home addition, they share some tips to help you plan ahead:
Make sure it’s a complementary addition
Don’t plan an addition if you only want to add value to your home or want to make it more seller attractive. Additions do add square footage and value, but the recoup is not something to rely on purely to sell. Small remodels such as new kitchen cabinets or updating your bathroom, will appeal to buyers and add value.
Instead, for a home addition, focus on something that will complement your home if you’re planning on a long-term stay. If your house is older and without a master bathroom, a bathroom addition will improve the room. A new room over your garage can make a great bonus room or work as a new, large bedroom. If you want to extend both interior and exterior square footage, then a sunroom is the perfect addition. See what your home is missing, and choose an addition that’ll enhance it. That way, it’s guaranteed to give your home a value boost, and even make it a market contender if you want to sell down the road.
Budget for changes to utilities as well
Having a project planned is the first step, but don’t forget to factor in changes to your monthly utilities. New rooms will need access to electricity, heating, and cooling, which will be an added expense. Depending on what addition you have in mind, this number will vary, so be sure to factor in the cost. A new bathroom will cost more in water bills, while a new second floor is likely to up the electricity bills. If you haven’t planned for monthly bill changes, it’ll be an unpleasant surprise after your addition is complete.
Decide now where to splurge or save
A good rule of thumb for splurging is to do so depending on the purpose of the room. If it’s a new living room, splurge on the right lighting system or crown moulding. In a bathroom addition, invest in high-quality cabinets and countertops. Investments such as these will add even more value to your home. Splurges can also be about décor, though, such as a focal feature fireplace or real hardwood floors. It’s a matter of knowing ahead of time where and on what you want to spend a little extra. Once you’ve decided, you can work the costs into your budget and plan the new designs.
Major Renovations in Edmonton
With over 10 years of experience providing quality renovations, Four Elements Construction guarantees they are the company to choose. They pride themselves in going above and beyond for every project and every customer. Whether you need a living room, kitchen, or basement renovation, or new addition, they can exceed your expectations.