With low interest rates and climbing home prices in Orange County, home additions have become popular once again. And, homeowners are more creative than ever about how they want to use the extra space. From home offices and extended gourmet kitchens to spa-like bathrooms, man caves, and home theaters, the options for additions are limitless.
A home addition is a fantastic way to add square footage, increase your home’s value, and even make it more functional. Let’s take a closer look at five valuable benefits of home additions.
1. More Space
One of the most obvious reasons why homeowners choose to update their home with an addition is to simply increase their living space. Whether it’s used to expand a bathroom or kitchen or create a walk-in closet, a small addition can create a big impact and open up many new possibilities when it comes to storage, decorating, and function.
2. Room for Additional Family Members
Kids moving back after college has become the new norm. In 2014, more than 20 million young adults (ages 18 to 31) were living with their parents. As well, there is a growing trend for elders to move in with their grown children to receive at-home care. Because of this, many homeowners either have to move or reconfigure their current homes to make room for younger or older generations, or sometimes both! A bedroom is a common home addition that can be built out with or without an attached bathroom.
3. More Luxury
Have you always loved the look of his and her sinks in a master bath? Do you long for a sunny breakfast nook to enjoy those warm Orange County mornings? A home addition can help you get what is on your wish list without having to relocate. By working with a skilled remodeler, you may find that bringing some luxury into your existing home is easier than you think.
4. Home-based Businesses
Many businesses start at the kitchen table or in the garage, but soon, it can be a hassle running a growing enterprise from a less-than-ideal location in your home. With a home addition, you can create a dedicated space to enable your business to thrive that is as functional as and far more comfortable than anything you could find in an outside office. And, there are often valuable tax benefits to creating a home office, too!
5. Increased Value
In some cases, a home addition can add value to your home. This isn’t always the case, but it is worth considering. If your goal with an addition is to add value to your home, it’s a smart idea to consult with a real estate professional who can help guide you towards the most in-demand additions that homebuyers will pay a premium for.
An addition is one of many ways that can help you maximize your enjoyment and use of your home. Not only are they a great way to create a personalized space that fits your needs, they are almost always more affordable than moving. Whether you want more space for your personal belongings, a family member, or a growing home-based business, a home addition might be a very smart decision.
If you want to learn more about building an addition to your home, contact SeaPointe Construction at 949-861-3400 for a free in-home consultation.