Long Island Remodeling Contractor Answers –Does an Extension Add Value to Your Home?

Does an extension add value to your home?

Adding an extension to your home can indeed add value, but the main reason to build an extension should be to enjoy the home you live in.    Here are various factors to consider:

• Scope of Work: Clearly defining the scope of the extension project is essential for controlling costs and ensuring that you get the desired results. This includes the size of the extension, whether it involves a bath, and how it will affect the rest of your house.
• Property Type: The impact on your home’s value depends on your property and it’s current configuration. For example, if you have a small 2 bedroom/1 bath cape with sufficient land, an extension is likely to add value and it will improve its marketability.
• Square Footage: Homes are often assessed based on square footage, so increasing your home’s size through an extension can have a direct impact on its assessed value.
• Quality of Life: Beyond just increasing property value, an extension can improve your family’s quality of life by providing more space and improved living conditions.
• Converting Existing Space: Converting existing spaces, such as an attic or garage, can be a more cost-effective and straightforward option compared to building a new extension. These renovations usually require less architectural work and are easier to get permits for.
• 1 or 2 Story Extensions: The decision to go for a single-story or two-story extension depends on your needs, budget, and the feasibility of the project. Two-story extensions may offer more living space but could be more complex and expensive.
• Bathroom Inclusion: Adding a bathroom within the extension can enhance the convenience and functionality of your home, making it more appealing to potential buyers.
• Integration with the Rest of the House: Consider how the extension will integrate with the existing structure of your home. A well-planned and harmonious design can significantly improve the overall value.

How to Get Started:  An extension in Long Island will require choosing a home remodeling contractor, architectural drawings and a permit.

Ben’s has an easy 5 step process for getting you started.

• Meet and Greet
  1. We will come to your home and discuss the scope of work.
  2. We will discuss the budget range.
• Project Assessment and Feasibility
  1. We will work together with an architect to discuss the size of the extension and determine if it will be feasible to build the addition.
• Secure Financing
  1. Our financing experts can contact you directly to discuss your financing options.
• Scan the Home and Zoning Analysis
  1. We will come to you and do a 3D scan of your home to create a drawing of existing conditions.
  2. Our seasoned architect will work with you directly to analyze the zoning capabilities of your new extension.
• Develop the Project and Set Cost
  1. Ben’s will work hand in hand with you to design every detail of your job to fit your dreams.
  2. We will meet with you to give you an accurate detailed estimate of the real costs.

It is important to work with experienced professionals, obtain the necessary permits, and carefully plan your extension project to maximize its value and improve your home’s overall quality.