Home Improvement Addition

There are many ways in which you can increase the value of your house. You can get attractive interiors done, expensive furniture installed, and even build a fireplace. However, all these things would not add as much value as a complete home improvement addition would do.

Home Improvement Addition

Making an addition onto your home is certainly the best opportunity not only to step-up your living space but also to add up to the value of your house. When you are thinking of financing the addition, you most significantly need to be well-prepared by considering many factors. Getting to know all the important aspects can save valuable time and preclude unnecessary stress. Such aspects include home market values in your locality, minor home addition expenses, architectural plans and patterns, home improvement loans, timetable and schedule for completion, and many others.

Considerations Before Building an Addition

Zoning Policies and Regulations
The first thing you need to do is to receive permission from the local government authorities to commence with the construction. In a majority of regions, you are required to abide by your city or town zoning policies and ordinances, and also obtain a construction license before building an addition to your home. The expenses for such licenses may differ from state to state. However, you need to be ready for spending around 2 - 5% of the entire cost of the renovation on this license.

Structural Specifications
You are required to carry out soil testing which would evaluate the stability of the soil on which you intend to build the addition. If you reside in a coastal area which has a substantial amount of loose soil or clay in the soil, such tests can find out if you would need pilings to hold the structure firm. This being a decisive step in the addition, and most of the contractors provide such services.

Choosing a Contractor
You need to be very careful when choosing the appropriate contractor for the work. Get referrals from your friends, family, and colleagues, for any good contractor they know; or look out for builders who provide special services in the type of architecture you desire. When choosing a suitable contractor, ensure that he is licensed, bonded, and covered with insurance. This not only makes sure that you employ one of the best contractors around, but also protects you in the situation of a mishap. Finally, choose a contractor which will suit your needs and most importantly your budget.

Considerations for Unexpected Errors
Plan your budget according to some costs that are not anticipated. Probably, after deciding on a firm budget, you might want to make a decorative crown molding; or maybe you think that extending the addition by three feet would be better. You also need to consider the expenses which may incur due to some unfortunate occurrences such as damages to the house's power supply. Irrespective of the possibilities, you need to include a margin for errors in both the estimated budget and also the approximate completion date for the project.

Home Insurance Updates
In a majority of cases, making an addition increases the value of the house. It is crucial that your home insurance policy covers up the changes and modifications you are anticipating. It is recommended to consult with your insurance agent before you get it built, simply to ensure that everything is right with the home insurance.

Now that you have been informed about the things you need to consider in home improvement additions, you can commence with the project and expect an enjoyable living.