If you love your neighborhood, but your house no longer meets your needs, you don’t have to relocate. Perhaps remodeling your home or building an addition is the better choice. Before making a final decision, here are some guidelines on what you will need to consider.
Consider resale value. A licensed real estate agent can give you information about the value of homes around you and advice on construction projects that will improve your home’s worth without compromising its resale value.
Have a plan. Put some thought into how you need your new space to function. Can your needs be met by reconfiguring the existing space or is additional square-footage needed to achieve the desired results? Do some research. Knowing ahead of time how you want the final product to look and feel will help make decisions about budget, design, and finish choices less stressful.
If you can’t envision how to revamp a space, consider hiring a professional to help you through the process. Design Professionals can put your ideas into a visual format, which also proves beneficial when you begin soliciting bids. Providing contractors with a clear scope of work will likely produce more accurate project estimates.
Check-in with your local municipality. Permitting requirements vary so it’s important to understand the rules and regulations for your municipality. When building an addition, check for setback requirements and property easements that may restrict the size of your project. Professional drawings may be required depending on the complexity of the work.
Know where your utilities are located. Guesswork is not an option. It’s critical to pinpoint gas, water, sewer, and electric lines. If utilities are not easily accessible or in the way, your project may need to be altered. This may complicate the project if the utilities are in the path or not easily accessible based on your ideas.