Consider the Advantages and Disadvantages of Home Additions

So you’re considering a new home additions project. This can be a great way to increase the value of your home or to make it your dream house. Of course, before you call a contractor, you should consider the advantages and disadvantages.

Home Addition Advantages

Adding onto your home has many different advantages. Some of these benefits are as follows:

• More cost effective than buying a new home
• Gain some control over the design
• Allows you to stay in your location

New additions bring you closer to your dream home without buying a new property. In addition, you get to control the design. You lay down the rules for the contractor. While the contractor may give you solid advice, you have control of the layout.

When it comes down to it, adding home additions gives you more freedom. If you love your neighborhood, you don’t have to leave it. You can stay home; you simply make it a better home.

Home Addition Disadvantages

Like anything, there will always be disadvantages to a new home addition. Here are some of those:

• Requires a lot of savings
• Increases your monthly costs
• Takes up lot space

First, it does cost money to renovate or expand. It may not be as costly as purchasing a new property, but it does dip into your savings. If you already have money set aside or saved up for the occasion, then this is less of a disadvantage.

To expand your home means that you have to cut into some of your empty lot space. This is fine if you have a large yard or a lot of wasted space outdoors. If you’re worried about lot size, however, this is a concern.

Home additions can be a great way to increase curb appeal and improve your quality of life. It’s important before any home renovation project, however, to consider the advantages and disadvantages.