Second Story Home Additions - Add Equity & Visual Appeal

">expansion? Who will be moving in? Before you
Households are getting more crowded. Kids aredesign, it's critical to decide whether it's for additional
moving back home and parents are moving in withclose family members, parents that want privacy, or
their children. Because of this, something has to give.even renters that want their own entrance.
If you're contemplating an expansion, you haveSecond Story Addition Best Practices
options. Adding rooms and square footage to yourThis is a home improvement that definitely requires
home can be accomplished by finishing a basement,permits. Never attempt this without going through
expanding the home horizontally with additionalthe proper channels and using the right professionals.
foundation, or going up! Let's talk about the option ofYes, it can be a do-it-yourself project but you're
adding a second story to your home. Is it wise? Willgoing to need help.
it add value and appeal?Here are my best practice suggestions:
Before You Decide on Your Home Addition Strategy- Use an Architect or Designer: This will give you the
Know your goal. Being clear about what it is you'rebest chance to enhance and increase your homes
after will guide your decisions. A good home buildingvalue and address structural issues.
coach can be a valuable contact for you. This- Match Materials & Home Styles: You can really
industry professional will provide invaluable assistancemake a statement with your second story addition.
and point out potential issues such as:Be sure your architect/designer knows what you're
- Structural Integrity: Adding a second story putsafter.
more weight on the walls and the foundation. This- Upgrade the Rest of Home: Take the opportunity
may require additional shoring up of the structuralto replace old windows, add insulation, and increase
components at added cost.the energy efficiency of your home.
- Placement & Displacement: Where will theKeep Things in Perspective
second story be added? The placement of theI'm all for home renovations and additions. Despite
addition can impact your lifestyle during construction.the current real estate market and the economic
Where will you live for a few weeks or months?climate, there is value in upgrading our homes. We
How will you handle the displacement?may not benefit from immediate home value
- Matching the Neighborhood: To maximize yourappreciation, but we can and should meet our needs
home's value, you never want to overbuild. The bestfor extra space and enhanced living.
scenario is to stay under the size and square footageKeep your perspective. Meet the needs you have
of the largest homes in the neighborhood.today with an eye towards future rebounding values
- Friendlies or Unfriendlies: Who will be living in theand you'll be fine.