Home additions can add a lot of value to your home, but you may wonder just how much. Our custom home builders share their insights on the value of some of the most common additions homeowners invest in.
Adding a second floor to your home is easily one of the biggest home addition options you can choose, but is it worth the investment? Fortunately, the answer is yes. According to statistics, this kind of home addition has a 65 percent return on your investment – plus you get to spare a lot of floor space for your ground floor!
The kitchen is one of the busiest places in a home, which means you can get a lot of value out of a well-designed custom kitchen remodel. A minor remodel can have a return on investment as high as 80%, while larger scale projects still have a decent ROI of 54%, thanks to improved energy efficiency and better functionality.
A well-designed deck will not only add a lot to your home’s curb appeal but also give you a lot of value in terms of added versatile floor space. Statistics show an average of 80% ROI – one of the highest returns you can get from an addition, and possibly even more if you use high-quality materials.
Want to add a new bathroom to your home or renovate your old one? Bathroom design can have an ROI of up to 90% and be even higher for an entirely new bathroom addition. Of course, the ROI can also be affected by the type of fixtures, floors, and even the addition of windows in a bathroom.
Get the most value out of your home addition with help from our experts. Artistic Design Build Inc. is the leading home renovation contractor in Potomac, MD. You can call us at (301) 969-3037 or fill in this contact form to request a free quote.