You may have snagged a deal of a lifetime when you first bought your home. But now you might have started a family or just started accumulating more stuff. No matter what, gaining a room addition is a good investment that will repay itself when you sell the house and give you the extra space you can use to house an extra bathroom, an extra bedroom, or just an extra room for more space.
Pros Of a Room Addition
- You can make the room whatever you want. It’s a little slice of designing your own house. Everything is customizable to your taste and budget.
- A room addition will increase the value of your home that will help pay off your initial investment into the room
- Cheaper and less time consuming than having to go shopping for a new house that has an extra bedroom or bathroom, and hence you can stay in the home you initially fell in love with
Cons Of A Room Addition
- You will have to outsource most of this job if not all of it to professional architects and contractors to make sure the job is done right, but many contractors have been known to rip customers off. So double-check for quality
- The upfront cost is hefty. Home Advisor estimates the cost of adding a room to be anywhere from $20,000 to almost $70,000.
- Rome wasn’t built in one day, and neither will your room addition. Contractors will come in and out making noise throughout the day, testing your sanity
- For some, there are too many decisions to make and they don’t want to take the time out of their day to consider all the details
- Home additions take away valuable property space that someone might want for a garden or running room for their pets
As you can see, room additions can be vital for some people like families expecting another child, but are not necessary and have some major cons that one needs to consider before going through the whole process. But it is cheaper than shopping for a new home and you have the potential to recoup your investment when it comes time to sell your home.