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How Home Additions Can Increase Your Property Value

May 28, 2024

As summer approaches, you may be thinking of ways to upgrade your home. One of the best ways to do so is with a home addition renovation. Home additions have grown popular as homeowners can create the home they've always envisioned. Plus, this type of update is one of the fastest ways to improve your property value. Here are ways home additions increase property value.


More Essential Space

Most home renovation projects add additional space essential to your quality of life. For example, if you have an expanding family or like to have guests, you could finally add those additional bedrooms that are long overdue. According to Orchard, you may add up to an additional $50,000 in property value with each new bedroom. Other potential home buyers look favorably upon having more than one bedroom since they'll have all the space they need. Other essential spaces, such as your kitchens and bathrooms, are the top two home renovation projects among American homeowners, according to Houzz. When you upgrade or add these rooms, you easily increase your home's value as a result. You can expand your master bathroom or add additional extra bathrooms in the home.


Improved Functionality

You can add rooms that improve the overall function of your house. In our experience, new kitchens and bathrooms are the two most functional spaces in a home since people must eat and bathe. You can also add a functional sunroom, so people can relax and improve their ability to get healthy vitamin D without leaving the home. Home additions may also include a home office or entertainment space.


Better Curb Appeal

The right home upgrade can improve your curb appeal. After all, if you expand your garage or add a front pergola or porch to your landscape, it can improve the presentation of your property. It can make your home look more modern from the outside. That way, more home buyers would be more interested in approaching to see what you have going on inside the home.


These are just a few ways home additions can help improve your property value. When you want to upgrade your home with renovations, we can help. Our team is pleased to offer home additions that start with free site estimates. Contact us at V.I. Properties LLC for a consultation.

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