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Building a House Addition
The Advantages of Building a House Addition
versus Buying a Larger Home
By: Mark J. Donovan
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If your family is in need of more
living space, buying a new larger home may not be the best or most affordable
solution. Building a house addition, maybe a better alternative, then selling
your old home and buying a new one.
Advantages of Building a House
Addition
Building a house addition is by far
much less expensive than selling a home and buying a new larger one. There are
selling costs associated with the old house and closing costs for getting a
mortgage and buying a new one. In addition there are moving expenses, and
utility turn-off/turn-on fees, etc.
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major disruption in your family's personal lives, e.g. kids having to attend a
new school. Building a house addition, on the
other hand, enables you to continuing living in the neighborhood that you are
comfortable with and will give you the larger house you are looking for.
Building a house addition also allows you the creativity to design exactly the
living space you are in need of. |
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Disadvantages of Building a House
Addition
There are a few downsides of building
a house addition, but most of these are manageable. First, building a house
addition eats into your yard. This may or may not impact you depending on the
size of your lot. If you have a smaller lot, one way to mitigate this concern is
to build a two story addition onto your home to limit the footprint. Other
options may include finishing a room above your garage. |
Building a house addition also
disrupts the family life while construction is ongoing. Planning ahead however
can reduce the impact to your family's day-to-day lifestyle.
Finally, with any larger living space
there are higher maintenance costs, property taxes and upkeep. This is a fact as
well when buying a larger home, however it is something you need to plan for
when considering your future expected monthly home operating expenses.
For more help on building a
house addition, see HomeAdditionPlus.com's
Room
Addition Bid Sheet.
The
Room
Addition Bid Sheet
provides you with the knowledge on how to plan a house addition project,
and what to look for when hiring contractors for your new home construction. It
also includes a detailed cost breakdown table and spreadsheet for estimating
your own new home addition building costs.
How to Finance your Home Remodeling Project -
can help provide funds for your new home improvement project if financing is
required.
Related Building House Addition Articles
Additional House Building and
Construction Resources from Amazon.com
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Price Quotes with No Obligation!
Fill out our 3-5 minute quick and easy form, and receive a free price quote
on a house addition from one of our prescreened and licensed home addition
contractors. This process is free and there is no obligation to continue once
you receive your house addition price estimate.
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