3 Different Types of Home Additions That Will Increase Your Home's Value

3 Different Types of Home Additions That Will Increase Your Home's ValueHome additions are major projects that add additional living space to your existing home. An addition can significantly improve your family’s quality of life while also increasing the value of your property. The National Association of Realtors has estimated that adding 1,000 square feet to a home can increase its sale price by 30 percent or more.

Here are three of the most popular home additions undertaken in the Denver Metro Area and Jefferson County.

Major, Multi-Room Home Additions

Multi-room additions can work magic for a home. While converting an attic or basement adds living space, adding multiple rooms at one time can transform your home. In addition to gaining lots of extra space to spread out, additions often include interior features not present in the house previously, such as a master suite, game room, or home theater.

Home additions are subject to the same permit requirements and building codes as complete house construction and often require extensive excavation and foundation work along with plumbing, wiring, and HVAC. This is a major project undertaken at a substantial cost.

Room Addition or Bump Out 

A room addition is just what it sounds like: a new room built onto one side of your house to increase interior living space. A bump-out, on the other hand, is an addition that extends for just a few feet. While a room addition requires constructing a foundation, walls, and a roof, a bump-out may not require any foundation work. Bump-outs are often chosen when a home sits too close to the property line to allow a complete addition.

Accessory Dwelling Unit (ADUs)

An ADU is any secondary dwelling built on your primary residential lots, such as a guest house or detached garage apartment. The primary difference between an ADU and home addition is that the ADU is designed specifically for independent habitation and always includes a kitchen (or kitchenette) and bathroom.

Start with a Consultation

When done right, a home addition increases your home’s resale value enough to recoup a large percentage of your investment. For over 20 years, the people of Prospect 30 Eight Construction have been dedicated to quality, precision, and serving our clients throughout the Denver Metro Area and Jefferson County. It’s kept us thriving, who we are, and who we’ll continue to be for decades to come.

Get in touch with Prospect 30 Eight Construction today to take your first step toward building an addition that meets your needs and goals. Contact us for a free consultation.