Cost of a Room Addition

by The Carpenter

Cost of a Room Addition

New room addition is a very costly undertaking and one that requires careful considerations; the reality is that adding a new room is more complicated that building a house and the cost per square foot can be up to two times higher than the cost per square foot of a newly built house, although this ratio is normally within the 130% to 150% region. This is due to the fact that the builders will have to make an addition to your house that not only matches its exterior and take into account various construction details, but most likely they will have to work while you and your family are still living there. You can get a free contractor quote here as well.

However, even before you begin, you need to pay your local zoning office a visit: photograph your house from a few different angles, measure the size of the room that you desire to build, and then your local zoning officials will inform you if what you have in mind is allowed by the zoning laws. Once you have taken care of this, you will need to secure the financing of the room addition – unless you have quite a large sum of money lying around, you will probably need to speak to your bank or borrow from your family and if you borrow from the bank, you will be charged interest, which will add up to the total cost of your project. You might want to also visit an estate agent and discuss if a new room addition is likely to increase your house resale’s value and base your decision on his or her advice as well.

The next step is to have your room addition plans sorted out – keep in mind that having kitchens and bathrooms in the room addition will increase its cost quite a bit and if you have a large kitchen and two or more bathrooms in your house, you might want to leave that out. In order to get accurate bid estimates and good price, contact a few remodeling contractors and make sure that you have a checklist in place – this will help you compare the cost of items and labor side by side from the different contractors, and once you take their expertise and your friends’ and family recommendations into account, you would be able to make an educated choice.

The more detailed your specifications and plans are, the less are the chances of the contractor encountering unexpected problems and charging you extra as the work progresses. If at all possible, you might want to purchase the necessary materials yourself (after obtaining the material list from the contractor) since this is likely to cost you less and also do some of the cleaning and the preparation work as well since the contractor will charge you a premium rate for his time. The costs of the materials and the labor largely depends on the state of the housing market and when this market is hot, you would clearly pay more for both; on the other hand, in times when the market has cooled down, you will probably end up saving quite a bit of money.

© Cost of a Room Addition

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