How to Save Money on a Home Addition
As the housing market picks up, so do home values. If it’s too expensive to move to a bigger place, consider making your own house larger with a home addition. You can turn a bedroom into a master suite, add a den, or double the square footage of your kitchen.
Depending on what you need, prices range from about $49,000 for a garage to $155,000 to add a second story. You can do some of the work yourself, find cheaper home building supplies, or just hand it off to a pro. Make plans now, interview building contractors and check out these valuable tips from New American Funding.
Though an addition is less costly than a new home, there is still a lot of planning and financing that is bound to come with the project. When taking on a project of this size, it is important to map out every detail before jumping in.