Adding a second story can be a daunting task. In the past few years, the majority of the homeowners have either planned to renovate their homes or intend to add some additional space by consulting home addition companies. Second-floor additions being one of the most popular home addition projects, provide several benefits that need consideration. Let’s take a look at some important factors that you should keep in mind.
Gain More Space Without Relocating
There comes a time for growing families, when they feel the need of having some additional space. This means that they consult a real estate agent to move into a new house. However, some homes have sentimental value attached to them, especially the first house.
Furthermore, if the house is located in a great community with impressive amenities to offer, it makes it relatively difficult to move to another location but one might that there is no other option. However, that is not the case.
If your kids are in a school nearby, moving to another location will only take place if you force yourself enough. That said, adding a second story to your existing house can provide extra square footage that can easily accommodate your growing family.
This way, you also get to keep the house that is emotionally attached to you and retain your family’s invaluable memories.
Increase The Value Of Your Home
Adding a second story will increase the square footage. Also, it will appreciate the value of your house. Homes with a second-story addition tend to carry a better resale value than those without one. The reason is that buyers would love to have extra space without having to add some later on, which is going to cost them time and effort.
Therefore, if they are getting additional space within the same deal, there shouldn’t be a problem in paying slightly above the market.
You Get To Keep Your Outdoor Space
Back in the day, homeowners used to compromise their outdoor space to create some additional space. However, adding a second story is the opposite case. With a second floor addition, you keep your outdoor space untouched.
If you have some of your favorite plants, trees, or shrubs installed in your backyard, you would not need to remove them. You will have enough space to perform outdoor improvements such as a deck, patio, or pool.
At the same time, your privacy is maintained as well. Because second floor addition doesn’t narrow your space and the distance between you and your neighbors is maintained.
You Can Redesign Your Existing Home
One of the biggest drawbacks of adding a second story is that you will need to tear some walls and other stuff down and work on your home’s foundation to make sure it can support the additional story. This means the process requires extensive labor, money, and effort.
However, the positive aspect of the project is that you get to upgrade and remodel the first floor as well. For example, with second story addition, you can upgrade your HVAC or remodel the first floor.
There is no doubt that you will be splashing some cash on the addition but you will open up to several different opportunities at the same time as well. All these improvements will help you increase the resale value of your home.
Avoid The Headache Of Searching The Market
Depending on your existing location or where you intend to relocate to, the market may be pretty tight. This is due to the inventory being low and prices being high. At the same time, homeowners have to go through an entire process, which involves real estate agents making things even more complicated.
Therefore, a second story offers you the flexibility to create what you need. This way, you do not have to spend extra money on buying a new house or put effort into relocating. You can simply spend a bit of your savings on the existing house and avoid going through the market to find a new house.
Adding a second story becomes necessary for growing families sooner or later. This means they are going to need some extra space. A second story addition in that respect will suffice all their needs and help them avoid the hassle of dealing with real estate agents and searching the market. Get in contact with home addition builders DC to discuss your second story addition.