The real estate market in Southern California has gone totally nuts. We have seen a year-over-year price gain of 22.1%. Demand is high. Mortgage rates are still low, and there is very little inventory out there.
Have you
heard all these crazy stories about bidding wars? Houses often have twenty to
thirty bids. People are paying thousands of dollars above the asking price to
secure their deal. Agents’ and buyers’ stress levels are through the roof!!!
If you
don’t think you have the physical or emotional stamina for this market, you are
not alone. More people are choosing to stay put and renovate their homes. Home
additions are a practical and cost-effective solution to your additional space
needs.
The
benefits include creating a customized space that meets your needs while adding
value to your home and future sales potential. A home addition saves you the
stress of fighting for a property that you probably will have to update anyway.
Now would
be a great time to investigate a house addition before you jump into the
housing market. You will be pleasantly surprised at the options to upgrade your
space and the affordability of the projects.
HERE ARE SOME GREAT IDEAS
FOR HOUSE ADDITIONS TO ADD MORE SQUARE FOOTAGE.
FINISH YOUR BASEMENT
A finished
basement is the easiest way to increase the livable square footage in your
home. A basement is perfect for a small apartment and can create rental income
or use the space for taking care of aging family members. Maybe you want to
expand your living space to include a home theater or family game area. There
is nothing better than sending the kids downstairs while you enjoy some peace
and alone time in your own home.
When
working with your Los Angeles contractor, remember that you must have an
emergency exit to add a bedroom to the basement. That can be a backyard
walk-out or an accessible emergency window. Most realtors feel a finished
basement will return at least 70% of the investment. That does not include the
value of all the joy from using the space.
AN ATTACHED GARAGE CAN MAKE
A GREAT EXTRA ROOM
If you are
okay with parking your cars elsewhere, consider turning your garage into
additional usable square footage for a living. Take the time to clear out the
junk, and in return, you will gain a great space for a home gym, a guest
bedroom, art studio, or craft room. Depending on the configuration of your
home, you can even use the space to expand
your kitchen. Add an island, dining area, or great room with a vaulted
ceiling. You can get really creative with this space. Work with a design firm
that has experience in great ideas for house additions to add more square
footage and see their best suggestions for your space and your needs. You
should expect to recapture about 80% return on your investment.
ANOTHER WAY TO REPURPOSE
YOUR SPACE- BUILD A ROOM OVER
Novels
romanticize living in the apartment over the garage. It sounds like the perfect
spot to write your great American novel or house the kids when they return from
college. You could also turn it into a rental property or use it as guest
quarters if your zoning allows.
Garage
additions require some specific additional materials. Adding the new roof,
vapor barrios to protect from car fumes, and fireproof drywall will be a bit
more expensive than a traditional addition. Still, if you plan to use it as a
rental unit, you can easily make your money back, add value to your property
and create a consistent cash income.
SECOND STORY ADDITIONS ADD
MAXIMUM SQUARE FOOTAGE.
Second-story
ideas for house additions can more than double the square footage of your home.
It also adds significant value to your home’s future selling price. Before you
begin a project like this, check with a realtor to see what your home would be
valued if you go ahead with the home addition. You don’t want to be the
priciest house in the area when it comes time to sell.
If this is
your forever home, skip this step and hire a top Los Angeles contractor and
design team. You may also want to work with an architect. Your team will ensure
that your home’s foundation and structure are designed to handle a second-story
addition. They might have to build some additional support structures into the
plan.
CHANGE THE PORCH INTO A
SUNROOM
There is
nothing more relaxing than spending time on the front porch. Why not make it a
year-round pleasure by turning your porch into an enclosed sunroom? For your
porch to be considered as interior square footage, it needs to have heating and
be accessible from the inside of your home.
If this is
your front porch, it will add some interesting architectural detail to your
home and create a very welcoming feeling. If this is your back porch, the
enclosed space will add a great seating area to spend time in nature,
appreciate your garden and the ever-changing seasons.
FINISH THE ATTIC
Popular
ideas for house addition increasing square footage is a finished attic. Attics
are versatile spaces and can add a lot of valuable space to your home. Whether
you need a home office, a guest bedroom, crafting studio, or a place to run
your home-based business, consider an attic addition.
Before you
get started, you want to make sure your space meets the following requirement.
If it doesn’t have at least a seven-foot ceiling and access to the stairway, it
might be too costly a direction to go. If you meet these requirements, work
with your local Los Angeles contractor to create an interesting and valuable
addition. Enjoy your attic retreat!
KITCHEN ADDITIONS
The kitchen
is the heart of the home. Since the pandemic, we have been cooking more,
working from home, zoom schooling, and entertaining our family and friends at
home. We need a kitchen that works well for our multi-tasking lifestyle.
Building your dream kitchen is worth every penny. Buyers appreciate a
beautiful, renovated kitchen. You will receive the highest return on your investment
by adding a kitchen addition.
Whether you
are going big with a complete addition or a smaller bump-out addition, adding a
walk-in pantry, laundry/mudroom, or a dining area, both will add value to your
house and enjoyment to the room where you spend most of your time.
Spend some
time looking at 2021 ideas for room addition, in magazines, and in the kitchen
showrooms. You will be amazed at the choices of cabinets, fixtures, flooring,
findings, and countertops to choose from.
SPA BATHROOM ADDITION
There is
nothing more satisfying than a new bathroom addition. We are getting more and
more tech-savvy in the bathroom. Do you dream about a large walk-in shower with
a rainfall showerhead, a steam option, your favorite music playing, and lights
that adjust by voice command? Add to that a separate deep soaking tub to get
rid of all the aches and pains, plus heated floors and a towel rack to complete
the bathing experience—finally, the perfect lighting for all your grooming
needs.
Every home
buyer will agree that they are looking for a gorgeous master bath along with an
updated kitchen. And they will pay extra for it. Bathroom house additions to
add more square footage are not only popular but expected. Using odd spaces to
add another half bath or powder room is also a great idea. Don’t be afraid to
go all out. You will get your money back for providing that kind of value.
THE COST OF A HOUSE ADDITION
TO ADDING MORE SQUARE FOOTAGE IN LOS ANGELES IS BASED ON THE SPECIFIC PROJECT
YOU ARE CONTRACTING FOR.
Here are
some of the items to consider:
- The total square footage of the home addition.
- What systems are being upgraded?
- Are you replacing kitchen appliances, bathroom fixtures, windows,
and doors as part of your home remodeling or garage conversion?
Structura’s
team, comprised of interior designers and home remodeling contractors in Los
Angeles,
will meet
with you to listen to your specific needs and design ideas for the project.
They will provide an in-depth analysis of the costs and a complete 3-D design
for your approval. Their design ideas and contributions to your home renovation
will enhance your build and save your money while honoring the project’s scope.
Structura
has been the top Los Angeles home addition company for more than sixteen years.
Their experience, knowledge, and partnerships will save you time and money.
They order direct from the manufacturers, wholesalers and pass those savings
along to you. They also have a team of skilled craftsmen to customize your
build with the expertise and artistry you crave.
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