New American Funding Blog

Looking to Expand Your Home for Your Expanding Family?

By Britany   |  February 28, 2013

tips for expanding your home for your expanding family

A growing family, craft room, home office, or just wanting a spare bedroom are all common reasons people want to make their home bigger. Usually when looking to expand your home, it almost always means building an addition to the house. This does not have to be a difficult process. In fact, that little extra space just might be the project that makes you fall in love with your home all over again. You may have an old house, but the addition is space that you can claim as your own. It's like designing a whole new house without the expense of buying a new house.

Here are some things you should know when building an addition to a house:

 

Think of the cost

Adding on to your home can be a terrific investment. However, before you embark on this journey make sure you know what you are getting yourself into financially. An addition to your house will most likely raise the value of your home which will make your taxes go up. Be ready for this so you aren’t surprised when tax season rolls around. An advantage of adding on to your current home is that it is typically cheaper than moving. Click here for more tips on what you should know.

Make a Plan

You need to know that an addition will completely change the look and feel of your home. A poorly planned addition could look like it doesn’t belong and become the neighborhood eye sore. Most homeowners choose the back of the house to build onto to minimize the appearance of an addition. A great advantage to adding on to the back of your home is the ability to strengthen the house's connection to its yard. You also have complete creative freedom, this is 100% your creation! Buy a design software program and go for it! Don’t have enough room to build behind your house? You can always build up. For more tips on ways to expand click here.

Saving Energy

One great thing about building an addition is you will be able to invest in energy efficient fixtures and construction. From windows that keep air from coming in and out, to low energy consuming appliances, you will be able to reduce your energy bills and your carbon footprint. Make sure you research energy efficient products that you would be able to use in your addition. They might be a little more expensive than other brands but they will save you more in the long run. If you don’t decide to go with energy saving products, be ready for higher heating and cooling costs.

Be Patient

Building an addition will take time. It can be a good investment but keep in mind that it may take weeks or months to finish. Make sure you choose a good time to build and hire a good contractor, as bad weather and poor workers can prolong the process. If you don’t think you are patient enough to deal with a possibly long process, look into buying a bigger home.

 

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