If you’re looking to add an addition to your home in the Triangle, you probably have questions about which types of additions add the most value to your property. Different additions or home renovations can add a wide range of value to your home, both financially and personally, as you expand your dream home. At Prince and Sons, our family-owned business understands that the perfect addition adds great value to your home’s market price and your family’s living space. We’ll take a closer look at some of the more popular additions in the Durham and Chapel Hill area, as well as some of the other benefits you’ll get when you choose Prince and Sons for your addition and home remodeling needs.
For most homeowners, the decision to add an addition to their home isn’t strictly about maximizing their home’s resale value. You likely want an addition primarily to improve your home’s livability, while also gaining the added benefit of increased property value. These are the two main factors you’ll want to consider when deciding what additions are worth the investment to you: everyday livability and increased property value. Prince and Sons design and build team will work with you to ensure any addition you’re considering meets both factors and gives you the best of both! We’ll take a closer look at one of the most popular types of additions our clients choose: first-floor primary suites.
First-floor primary suites are an excellent addition to a home, particularly if you have concerns about your home’s long-term accessibility. As we age, it is common for many of us to have difficulty making our way up and down stairs to the master bedroom. First-floor primary suites can solve this problem, giving you added comfort and safety as we age. Many homebuyers also appreciate having a first-floor primary suite as an option, so if you decide to sell, you can expect a premium for homes with this highly in-demand addition.
If you want to add livable space without dramatically changing your home’s overall footprint, attic and garage conversions can be an excellent option. Unfinished attics can be converted into a wide range of different spaces, including:
Since unfinished attics already have much of the home’s exterior structure built, they can be an incredibly cost-effective way to add to your home. Garages have similar benefits to attic conversions, although some home buyers might prefer extra storage space or covered parking that garage conversions can take away. If you’re looking to add extra living space to your home without taking away outdoor living space, a floor-over addition might be ideal for you!
Homeowners with limited lot space, or those who don’t want to reduce their existing yard space, might consider a second-story or floor-over addition. Floor-over additions can provide a massive increase in your home’s flexibility, adding new bedrooms, guest rooms, and just about anything else you can imagine, all without cutting into your lot space. However, because these additions require significant structural changes, they can be more expensive initially, with some of the investment recouped when you decide to sell. We recommend floor-over additions for homeowners who plan to stay in their current home for the foreseeable future and want to greatly expand their living space without cutting into their lot square footage.
As we discussed in our floor-over-addition section, many homeowners greatly appreciate their outdoor living spaces, and one of the best ways to expand them is by adding a screened porch! Screened porches protect you from mosquitoes during our hot summers while still letting you enjoy your yard in the comfort and shade of a screened porch. Screened porches can also be much more affordable than creating a fully enclosed addition like a sunroom, making them excellent choices for homeowners looking for the most value for their money. If you prefer a completely climate-controlled area to relax in, sunrooms can still be an excellent long-term option, which we’ll explore next!
Sunrooms and four-season rooms give you all the benefits of a screened-in porch, plus climate control that makes the space usable year-round! Families use sunrooms for a variety of different applications. They can be used as reading rooms, entertainment spaces, or simply a nice place to relax after a long day. While a fully enclosed sunroom will cost more initially than a screened-in porch, the increase in your property’s value is typically much more significant. Sunrooms are often areas of relaxation, but if you’re looking for a dedicated working space, we’ll explore the benefits you can get from a home office space next!
Having a dedicated home office can be an excellent productivity tool for remote workers, students, or other professionals living in a busy home. Home offices can be a quiet place for workers to escape distractions at home, allowing them to focus on the task at hand. While some homebuyers might not appreciate or need a dedicated home office, building a home office properly can easily double as a flexible room for future potential buyers.
We’ve been over some of the more popular additions our team offers the Durham and Chapel Hill community, and now we’ll talk about the factors that can affect the return on your home’s property value from an addition. Construction quality and build quality, of course, play a major role in the added value of any addition, and you’ll want to ensure that any contractor you work with is fully licensed and insured. You may also want to match additions to complement surrounding properties in your neighborhood, rather than additions that stand out, since this can make it harder to recoup the costs if your home’s value greatly exceeds the neighborhood average. Prince and Sons can help you design and build a well-constructed addition that blends seamlessly with surrounding properties in your neighborhood, ensuring your investment is well spent!
At Prince and Sons, we make it easy for you to visualize your custom-built addition with our advanced 3D design technology. Throughout the planning process, you’ll be able to view what your finished addition will look like and make changes to plans so you’ll be fully confident in your future addition before work begins. Our team is proud to be licensed and insured, and we strive to deliver the addition of their dreams for our Chapel Hill and Durham clients while ensuring their money is well spent. Call our team today to start designing your perfect home addition tailored to your unique needs!
If you’re looking to get started building the perfect addition to your home in the Chapel Hill or Durham area, Prince and Sons is here to help. To get started, call our design and planning team at (919) 383-0888 to get an estimate.