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Home Addition Ideas with the Best Return on Investment

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Home Addition Ideas with the Best Return on Investment

Home additions are valuable investments whether you have a small or large home. It will make your home look more attractive and increase its market value. From adding rooms to expanding your available home storage, there are plenty of home addition ideas you can use to increase the value of your property.

Statistics highlight that home improvement projects have increased by 58% as more and more homeowners have invested in home additions to improve the value of their living spaces. Building a new home can be the most significant investment of your life. So if your existing home does not have enough storage to accommodate your family's needs, you can pay attention to some unique home addition ideas rather than shifting to a new and larger house.

Before investing in a home addition project, consulting with an experienced builder is vital. Professional contractors like Solid Construction & Design will give you a better idea of how much investment you need to improve your living area. If you're new to a home remodeling project, you might ask what additions you should make to your home to get the best return on investment. To help you enhance the functionality and performance of your houses, Solid Construction & Design has compiled a list of the ten best home addition ideas with the best return on investment.

Things to Consider Before Starting a Home Addition Project

Before investing in a home addition project, here are the following essential aspect you need to consider:

  • Make sure to consult with a licensed and experienced builder
  • Don’t forget to check your local building codes and zoning ordinances
  • Make sure to take your blueprint and home addition ideas to the country assessor

10 Best Home Addition Ideas

Finding inspiration is the first and foremost part of starting a home addition project. Below we have shared ten unique home addition ideas that are sure to inspire you for your next home improvement project:

Add a Second Floor

Building a second story to your home is one of the significant home addition ideas that can bring the best return on investment. Depending on your home's square footage, it can also be the pricier home improvement project. You can use the second floor for different purposes, such as a kid's playroom or a new office. It can also provide you with additional rooms and storage if you have a more prominent family to accommodate. Regardless of the purpose of adding a new floor to your home, talk to an expert design and construction professional to know whether your home's foundations can handle a second story.

Add a Guest Room

If you tend to have guests over quite frequently, adding a gorgeous guest room to your home can also be one of the valuable home addition ideas. Guest rooms can give your guests the privacy and space to relax.

Renovate Your Kitchen

Expanding your kitchen is one of the unique home addition ideas. It will give you more space for your cooking needs. A kitchen with the finest functionality can make a statement about your home style and increase its market value. Even a small addition of 100 to 120 square feet can make a huge difference in your home’s blueprint. You can add a new kitchen cabinet to store your ingredients and snacks out of sight.

Finish Your Home’s Attic

experts say that finishing your home's attic can increase the value of your property by up to 56%. For an attic refresh, you have endless home addition ideas. For example, you can utilize the space as a home gym, home office, art studio, or a rented room.

Enclose Your Larger Porch

If you want to add extra livable square footage to your home, enclosing your oversized porch is also one of the unique home addition ideas. You can turn the additional space of your porch into a sunroom. You can create an intimate dining room for family and guests by putting a dining table on the porch.

When enclosing your porch, you need to consider the architectural integrity of your home. So, make sure to talk to a professional designer to preserve the cohesive look of your home throughout the remodeling project.

Remodel Your Basement

Finishing your basement can maximize its use while significantly increasing your home's value. This addition will increase the livable square footage of your home that you can use for numerous purposes.

Add a Mud Room

Imagine a mud room in your home where you can keep and organize your keys, shoes, and kid's backpacks. Creating your dream mudroom is one of the creative home addition ideas with the best return on investment. A mud room always serves as the greatest storage space while showing an impressive design.

Build a Room Over the Garage

When looking to add more livable square footage to your home, building a room over the garage is another fantastic home addition idea. Your garage already has a solid foundation to add a new guest or rented space.

Expand Your Bathroom

Do you know expanding your bathroom can higher the market value of your home by up to 62%? Bathroom expansions are the most popular home addition ideas that can give the best return on your investment. You can use the additional space of your bathroom to store the things you want to keep close in your hands.

Expand the Laundry Room

Second-floor laundry rooms are the highly desired home addition ideas. Moving your laundry from the basement to the upstairs can be a worthwhile investment.

The Bottom Line

Adding a new guest room, enclosing your porch, and expanding your bathroom are the surefire additions to increase the overall market value of your home. You can contact Solid Construction & Design for more home addition ideas. We offer a range of home remodeling services to make your home look aesthetically appealing.

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