If you are considering a home addition, there is much to consider before you embark on the journey. A home addition is a major renovation. It takes a lot of work to complete and costs more than virtually all other home renovations. It’s also not something you can undo once the addition is complete.
Before you begin a home addition, avoid common mistakes shared by Four Elements Construction Inc. in Edmonton.
Mistake #1: Hiring the wrong contractor
First, with a home addition, you want to be certain you’re working with an experienced contractor you trust! Your home addition is a huge undertaking and investment. You must find a reliable and experienced contractor that will get the job done right. Your contractor must have excellent credentials. You’ll also want to feel confident that they can easily handle any issues that may come up during the building process.
Four Elements is dedicated to creating beautiful spaces that fit the needs of their clients. They have years of experience in the home renovation sector and have built many home additions in Edmonton and surrounding areas. This company commits to going above and beyond with every project. They also use their tailored 4E Approach to project management so that their clients can enjoy a stress-free building experience and stunning results.
Mistake #2: Failing to obtain proper permits
There are many steps involved in building a home addition. Much work must be completed before your home addition even begins. Working with a contractor on your addition’s design is part of this. However, your contractors can’t build without obtaining the correct permits first.
Work with a contractor, like Four Elements, who has experience obtaining necessary permits and inspections, ensuring everything is planned and built to code. This way, you won’t encounter any surprises during your major renovations in Edmonton.
Mistake #3: Misunderstanding cost versus value
For many, return on investment is a huge factor in choosing to do home renovations. Nevertheless, not all home renovations offer similar returns. While kitchen and bathroom renovations typically provide a decent ROI, as far as interior renovations go. On the other hand, major renovations, such as a home addition, tend to offer a lower return on investment. This information comes from a 2023 cost vs. value report.
This does not mean that you should reconsider your home addition plans! There are many benefits to adding a home addition. And according to the report mentioned above, you can still recoup between 22.7% to 30% of your investment on a primary suite addition. Having this information is important because it will help you think about how much time you plan to spend in your renovated home. This will help determine if your investment makes sense for your long-term plans. If it is your forever home, the improvement of enjoyment, lifestyle and function adds to that ROI.
Lastly, know that you can bring your questions and concerns to experienced home renovation companies in Edmonton. They can help you determine the best options for your home addition.
