Needing additional space is not the only reason homeowners decide to expand their current living space. Even if you have plenty of space in your existing home, building on can be a wise decision that can serve you well in the future. Adding an addition before you need one is a good idea and can spare you a lot of hassle should a need arise when you require additional space.
In-law or Parent Suite
As parents age, it is not uncommon for them to investigate other housing options, especially if they develop health conditions that make it difficult for them to maintain their current living space. The cost of assisted living can be substantial and therefore is not always affordable for those living on a fixed income. Having an addition on your home will make it easy to be there to help your aging loved ones while at the same time giving them independence.
Imagine how much fun it would be to extend a warm welcome to out-of-town visitors by having a well-designed guest suite available. Your guests can come and go as they please, and you will save them money in hotel fees. Guest suite home additions are also great for local friends who may need a place to stay or want to get away for a mini retreat.
College Student Apartment
College students enjoy having their own space and coming home on breaks from school to their old bedroom at their parents house is not always fun. Having an apartment addition built onto your home makes those trips home from college easy. You will enjoy having family time together and your college student will love having their own space.
Adding an addition to your home makes it easy to earn a little extra income when needed by using your new addition for a rental unit. Even if you do not wish to rent it out long term, you can rent it for a day, several days, or a week if you need to earn some extra income. Using your addition for a rental unit can help you earn back your construction costs.
Whether you have elderly parents who need supervision or a college kid who enjoys privacy when home on breaks, adding an extension to your home is a great way to give family members some space while you enjoy having them nearby. An addition also provides privacy for out-of-town visitors and can earn you extra money as a rental apartment.
Have you always dreamed about starting a business? Perhaps, you desperately desire to launch your first company next year. You may have even purchased the perfect property to put a building for your business on. If you can relate to this exciting scenario, consider hiring a general contractor. A general contractor can build any type of structure you want. For instance, you might want to conduct business in a spacious building constructed from brick, metal, or vinyl siding. Your general contractor can advise you on the kinds of materials that are best for the area of the country you live in. On this blog, I hope you will discover valuable tools to help you secure a general contractor and build the business property you’ve wanted for so long. Enjoy!