Are you considering expanding your home with an additional room?
Well, others are in the same situation!
According to HomeAdvisor, homeowners spend about $20,703 – $71,423 in order to build an addition to their home.
But… what would it COST YOU to add a room?
At New Hope Properties, we’ve been overseeing real estate in Grand Junction for years now, and we’ve gained valuable insights about adding a room to a home.
Here’s a detailed look at the expenses to keep in mind.
Addition Costs In Your Market — Each market varies, especially when it involves adding a room to a house. The suggested approach is to get estimates from architects and contractors in your local area.
Consider Room Size — You might think that a larger room would be more expensive, and that’s accurate. But, when considering the cost per square foot, it’s often the case that the price decreases as the room size increases. So, choosing a bigger room doesn’t always mean it will be more expensive.
Consider Room Placement — Where you decide to place the additional room significantly impacts the overall cost. For instance, adding a room on the second floor is generally pricier than doing so on the first floor. It’s recommended to consult with local contractors and architects for more information on this.
You also have the option to sell your current home and move to a larger one that better fits your needs. In fact, with New Hope Properties, we can buy your home for a reasonable cash amount, as it is, within just two weeks. Call us at (970) 610-1001 for further information!