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 THE GARAGE
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.