how much value do calgary home additions actually add?

4
How Much Value Does a House Addition Add?

Upload: trademarkrenovations

Post on 26-Oct-2020

2 views

Category:

Real Estate


0 download

DESCRIPTION

What are the house additions that can actually add market value to your house? Read more about this article in Trademark Renovation's blog: https://trademarkrenovations.com/how-much-value-does-an-addition-add/

TRANSCRIPT

Page 1: How Much Value Do Calgary Home Additions Actually Add?

How Much Value Does a House Addition Add?

Page 2: How Much Value Do Calgary Home Additions Actually Add?

How to Determine the Added Value of Calgary Home Additions Perhaps an essential piece of advice you can receive regarding home additions is to stick with the popular choices. People want the common features of a home because they can accurately measure the added value, and they want to avoid strange features that are hard to quantify monetarily.

Page 3: How Much Value Do Calgary Home Additions Actually Add?

Study Your MarketRight in line with our first piece of advice, studying your residential market is key to the success of your home additions. Many fantastic home additions add real value in many areas of the country. Typically, this property market values the following additions:

● Kitchen renovations● Basement development● Porch additions, like enclosures or expansions● Dormer extensions for lofts, second bedrooms

Page 4: How Much Value Do Calgary Home Additions Actually Add?

How Much Value Do Calgary Home Additions Actually Add?According to The Nest, an addition like a shed roof dormer may cost between $10,000-$15,000 or upwards of $20,000. This is not an unreasonable amount to ask for a second-floor observation deck, and they continue on to say that homeowners can expect to “add 80 percent of that [the cost] in value.”