With today’s strong housing marketing, you might be thinking about investing in that room additions project you have been considering for your Denver home. Maybe you need a new family room or another bedroom. Whatever the reason for your room additions
project, here are some tips you should consider before you get started.
Decide on a Firm Budget
Adding a room onto your house is an expensive proposition, so you need to think carefully ahead of time as far as setting a budget for yourself. The average cost of a room addition is about $40,000—and that may or may not allow room for unforeseen expenses.
You should also determine what kind of return you will get on your investment. For example, if you are making a two-bedroom home into a three-bedroom home, you can count on getting back your money if and when you decide to sell. In that case, it might make sense to spend a bit more because the return should be high. Bathrooms and master bedrooms also have a pretty high return on investment.
Assess Whether or Not You Need an Addition
Because the price tag associated with room additions is pretty hefty, you might want to consider reorganizing space in your home rather than adding an addition. Figure out if it makes sense to add on the extra space.
Consider Building Up or Out
When you are planning your project, figure out if it makes more sense to build another floor onto your house—or if it makes more sense to add on. If you have a sizeable yard, adding on might be fine. But if you already have a small yard, building up might be a better decision.
Find Out About Building Restrictions
Don’t overlook any restrictions that might be in place in your neighborhood or with your homeowner’s association. Checking these out ahead of time can save you a lot of headaches down the road.
Decide Whether You Want to Save Money By Doing Some of the Work Yourself
Since a room addition is expensive, you might be able to save money by doing some of the work yourself. But be realistic about your talents. Unless you are a plumber or electrician by trade, those are two areas you won’t want to try to do yourself. But perhaps the demolition aspect of the project is something you might be able to take on.
If you are on the fence about doing the demo work yourself, the pros at Angie’s List answer your questions about do-it-yourself demolition in this article: Is DIY Demolition Smart When Remodeling?
Are you ready to get started on your room additions project in Denver? The professionals at Ridgeline Design and Build can work with you so can create the room addition of your dreams—while still staying within your budget. We are also available to answer any questions you might have. Give us a call at 303-346-6100 or request a free quote. When you are ready for your Denver room addition, let the experts at Ridgeline Design and Build help. Contact us