Though the tiny house movement has grown in size, most of the population still prefers to live in a large home. Though even the word large means different things to different homeowners. However, if you think that your home isn’t large enough and you’ve got some naked/raw land available, you might want to consider adding a home addition to your house and property rather than looking for a new, larger home to purchase. But what are the signs that you’re ready for a bigger space?
Your family is growing
Most of the time, when we buy a home, it’s a bit on the smaller side and one that we plan to move out of when our families grow. But this doesn’t always have to be the case. In fact, lots of times a home can be enlarged with an added addition. This involves knocking out a wall or two and adding in extra living space that is then closed in with new outer walls and a few inside walls depending on how large the addition is and whether it will be used for bedrooms or not. Most of the time, you’ll want to add in more bedrooms so that each child can have their own private space as they grow. If you really love the piece of land you’re on, it might make more sense to add on instead of moving out.
You host lots of events and parties
If your parties and events are the talk of the town and you host many throughout the year and have the budget to do so, you might find that adding an additional room or two is actually more cost efficient than buying a new house if you’re in the market for a bigger space anyway.
This also applies to those who run home businesses. If you need more space for your inventory or even just your employees, than adding a room is a smart move. Then you can keep your business on one side of your home and your personal life on the other. You can even make it so that there is a completely separate entrance into the business section of your home, which provides even more privacy if you seek it.
You plan to add a roommate or two
Sometimes, in order to make a little extra money, couples or singles will build onto their own so that they can then rent the space out. This is a great idea for those who plan on living in the same house for a long time and are looking for help to pay off the mortgage before reaping the investments of home ownership.
If you’re unsure if a home addition is the right move for you, you’ll find that after some research, it ends up being a great choice for many. It all depends on your lifestyle and how long you plan to stay in the same home. If you do decide to go with a home addition, just make sure to talk with your developer first to make sure that all codes are being followed and that the proper permits are acquired