There are a lot of reasons why people may home additions. Sometimes it’s to make room for their ever-growing family. Sometimes, it’s to add a bonus room or “man (or woman) cave”. Sometimes, it’s because they want to start up their own business and they need a home office. Whatever the case may be, adding on to your house can provide you more space and also can add to the property value of it too.
However, before you get to work on your home addition, we wanted to take out the time to share with you five of the common home addition mistakes that people tend to make. We’re confident that knowing these things can save you time, money and can also spare you from being disappointed with the end result too:
Failing to budget wisely. Although the cost of a home addition varies based on how extensive of a project it is, according to many contractors, on average, it costs anywhere from $80-130 per square foot. That’s quite the financial investment, so it’s important that you take the time to create a budget for what you need including the cost of the contractor, building materials and any permits that may be required. The more financially prepared you are, the more confident that you can be with the home addition process.
Not interviewing several contractors. There are a lot of people who can share with you absolute horror stories about hiring a contractor who either was not as professional as they thought they would be or ended up taking a lot longer than they planned to finish the job. That’s why it’s best to get a contractor through referral. But if you are unable to do so, interview 3-5 different ones, ask to see their portfolio and request a few referrals of formal customers that you can call too.
Trying to do the project yourself. Thanks to websites like This Old House, DIY Network and BHG, there are all kinds of things that you can do yourself but a home addition is definitely not one that we recommend you attempting yourself. Being that it’s actually one of the more complex products that you ever take on, you will save yourself a lot of time and money if you hire a professional who will be contractually obligated to get do it right—the first time.
Getting permits too early (or getting the wrong ones). Say that you want to build a master suite and you’re wondering what does it mean to convert a furnace? Well, before you start exploring those kinds of questions, the first thing that you need to do is see what kind of permits that you need in order to make that kind of home addition. Just make sure that you don’t purchase your permits until after a final design is in place and you have officially hired a contractor. Making changes to your original plan can prove to be costly if you end up needing more permits than you initially thought you needed to have.
Paying too much ahead of time. Although it’s pretty customary to provide your contractor with a deposit upfront, if they are looking for half or more of the overall total, that’s way too high. You need to be able to see that they can do the work up to your standards before paying them a lot of money. So, discuss the price and how much your contractor wants beforehand and then get the agreed price in writing. That will prevent you from having any misunderstandings before, during and after the building of your home addition.