An extra bedroom with its own bathroom can greatly expand available space. It can serve as a new and separate bedroom for your children, your guest, or your dream home office.
Although, we should all note that every home improvement can be both costly and time-consuming. How the extra bedroom affects the arrangement of your property, whether it adds square footage, the number of bedrooms that is typical in your neighborhood, and what local buyers expect. Thus, it is worth asking yourself this question: How much value does a bedroom add, aside from personal satisfaction?
So without further ado, let's talk about increasing the value of your home, as well as tips to adding a new bedroom.
You have three alternatives for adding a bedroom to your home: convert existing space, build a first-floor extension, or expand your current second story.
Consider converting an existing bedroom in your basement or attic before advertising your house. Converting the current space is quite affordable, but adding another bedroom raises the value — provided the converted area meets legal criteria.
Because each state has its own set of construction standards, the definition of a bedroom varies by state. The majority of jurisdictions, however, require a minimum of 70 square feet of floor area and a window for lighting, ventilation, and emergency evacuation in the event of a home fire.
The majority of homeowners imagine expanding out on the ground floor when constructing a bedroom addition. This option appeals since it expands the square footage of your existing space, and more square footage usually correlates to a higher value.
Adding a bedroom on the bottom floor, on the other hand, necessitates more square footage.
The size of a lot is important, although vacant land is often less valuable than recovered land. As a result, reducing lot size in order to enhance a home's square footage is usually a reasonable trade-off.
Although, you must note using up yard space in place of a new bedroom may also give you difficulty selling your property. So if you have a large enough yard to increase the square footage of your home for a new bedroom, you will add value to your home by about 50%. Remember that the majority of homebuyers want a deck or a patio to enjoy their morning coffee or play with their dogs.
When constructing a new bedroom, evaluate whether it can be built in a more convenient position. The additional square footage will be lowered if the only practical location for your bedroom enlargement is off the kitchen or necessitates passing through another bedroom.
Converting a single-story house to a two-story construction is a big job. Adding or enlarging floorspace upstairs usually necessitates strengthening the first-story walls and foundation. Unlike a simple ground floor addition, this major restoration will necessitate you leaving the premises for an extended period of time.
While building a second story is a costly and time-consuming endeavor, there is one main advantage: This option allows you to expand the square footage of your home while keeping the size of your yard the same.
When it comes to building an extra bedroom, you have to answer the question: is it worth the money and effort?
Of course, the answer is different for everyone. While this option is not always available to many, it’s important to understand that adding an extra bedroom can offer primary practical and emotional benefits. Thus, if you’re able to, this home improvement move is definitely worth an effort.
Are you in need of home remodeling contractors? Technick Construction goes above and beyond in turning your dreams into a reality. Give us a call today and get your FREE quote!
