An addition is the biggest home remodeling purchase you will ever make. When adding an addition to your house, there are a few things to think about, like the advantages and disadvantages.

Advantages of Building an Addition

Less Expensive than Purchasing New House

While this might seem like a ”no-brainer,“ it needs to be mentioned. It is typically cheaper to build an addition than to buy a new home that equals the space of your existing house plus addition.

Addition is 100% Your Creation

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 a whole new house.

Smartest Way to Add Space to a House

When you objectively look at the various ways to add space to your house, addition-building clearly comes out ahead of other methods, such as basement or attic remodeling or adding a sun porch.

Disadvantages of Building an Addition

You May Still Lose Money When You Sell

Even through additions have better cost-value ratios than other renovation projects; you still may not recover the full cost of the addition.

Addition Brings Increased Costs

More space means higher heating and cooling costs, more windows to wash and gutters to clean, increased property taxes, and more house to clean.

Additions Eat Up Your Yard

Unless you are adding a second story, you will lose yard space and this is space that can never be recovered.