22 June 2022
 Categories: , Blog

When most people think of home additions, they think of additions that increase the number of bedrooms a home has. While adding a bedroom is one of the most common types of home additions, it is not the only home addition that you can make. If you are looking to increase your home's square footage and the value of your home, here are three home additions that you should consider.

Adding Indoor/Outdoor Space

Indoor/outdoor living is becoming more and more popular with homeowners. They want multifunctional spaces that can be used in a variety of ways, and indoor/outdoor spaces fit the bill. Some of the most common types of indoor/outdoor spaces include a sunroom, a covered porch, or a covered patio. These types of spaces can be a great place to sip on a cup of coffee or wine. They can be used as a reading nook. Or they can house patio tables and outdoor fire pits, creating outdoor dining areas or social areas to entertain family and friends. 

Expanding Kitchens or Small Living Spaces

Another type of home addition that can increase your home's square footage and the value of your home is what is referred to as bump-outs. Bump-outs are additions that build upon the living space in your home, such as your kitchen or family room. The exterior wall is blown out and an addition is created to add more space to these areas. A tiny kitchen can quickly become a large and more functional one, whereas a small family room can be transformed into a space that can house even large families.

Building an In-Law Suite

The final option for increasing your home's square footage and value is by building an in-law suite. Many people convert their garage or basement to an in-law suite, while others build an entirely new structure in their backyard. In-law suites are becoming more and more popular as aging seniors move in with their children for health reasons, as young adults move back home due to rising housing costs, or simply for potential rental income. Renting out an in-law suite can be a great way to earn extra income and cover your own expenses. 

Home additions can be a great way to increase the livable space in your home, while also increasing the value of your home. A great home addition can increase the functionality of your home, provide your family with more space, or make your home more appealing if you are listing it for sale. If you are considering completing a home addition project, reach out to a residential remodeling company to learn more about the costs associated with the project and what types of additions can be completed for your home.