Additions can add significant value to any home. A well-planned home addition can be beneficial whether it's being used for a new member of the family, or extra appeal for buyers looking for more space. However, planning a home addition can be difficult if you don't know where to start. Does this Spark an idea?
Planning a Home Addition
The planning stages of a home addition should never be taken lightly. In many cases, planning may take longer than the building process itself. A good plan is essential for building a well-constructed addition to your home.
Money is the biggest challenge when it comes to planning a home addition. If you've saved up for the home addition, you can jump into setting up a budget. However, if you're planning to apply for a loan, you may want to consider having a few sketches drawn out or a professional blueprint made. This will help estimate the costs, and having a plan can help when presenting yourself for a loan.
Once your cash source has been determined, it's time to put a budget in place.
Take time to plan exactly where and how the money will be spent. Include lumber, hardware, tools and equipment rental and costs of electrical wiring . If you're adding a bathroom or plan to furnish the addition, consider plumbing, other bathroom needs, decor, paint, accessories and furniture costs in the budget.
Check with local regulations and restrictions regarding building and home additions. You may need additional permits or fees. Do not skip this step: Fees or fines for ignoring these rules and regulations can be significantly greater than obtaining the permits in the first place.
Additional Considerations
Look for the best deals you can in purchasing materials. This can extend your budget.
However, this should not mean buying damaged or low-quality materials. Go for the highest quality you can afford, and shop around for the best price.
Always check the competition, and don't forget to check the Internet. When shopping online, remember shipping fees cost extra. In some cases, the fees mean the product will cost more than at your local store.
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