You cannot ignore it but have to think about the cost while carrying out your home addition. If you don’t care about the price, then chill out. But if you do, then busting the budget can be a significant headache. Unplanned spending can cost more than it is needed. On the contrary, if you plan and process carefully by keeping many facts in mind, you end up spending in your budget.
The average costing can start from $20,000 and go up to $60,000 to build a home addition. But you might end spending more than $100,000 if you don’t follow necessary planning and timing.
You have to research a lot to plan correctly. There are many things to keep in mind while you are planning for a home addition. But don’t think to build upon your own if your budget is too tight. Because it’s not very uncommon when home additions go wrong and cause accidents, by following some tips, you can decrease the cost while the construction phase is on, maybe avoid some construction pitfalls, starting at the right time, and many more.
Choose the right time:
You might not think about this, but the timing might add an extra significant amount to the final cost. Try to avoid the peak seasons. Some contractors give discounts at the beginning of the year. The prices always tend to be higher after the holidays. So try to plan the home addition at the right time. If your timing is right, you save up to a thousand dollars, which is unnecessary.
Try to increase efficiency.
Try to increase the efficiency, not the size. If you can reorganize and equip to the maximum utility, there is no need to blow up your walls to acquire square footage. You can start by removing the shelves that are hogging more space and replace them with wall cabinets with pull out drawers and racks.
You can also replace outfit cabinets with dividers; lazy Susans install hooks to hang mugs and make cabinet doors. This way, you are utilizing the full space and also giving it a more modern look.
The cost of expanding the kitchen is $48,000 to $95,000, whereas efficient and custom-designed cabinets and small installations will cost you $35,000 to $40,000. Yes! You can save up to $60,000.
Choose your foundation carefully:
Foundation is one of the elements of home addition that will double your cost. However, you can save some dollars here if you choose your foundation after doing a little research. I have done that a bit easier for you by researching a bit.
There are many foundation options to consider. From them, two options can reduce the cost.
You have to dig your basement a few feet deep, and you can save $3000 and more in some cases for a 12X14 foot addition. You will still be able to use the wooden floor, giving up the headspace only.
You can combine the floor and the foundation in one concrete layer and built much like a concrete patio. It’s one of the cheapest options available and saves $5000.
Go to the recycle centers:
You can do it yourself by recycled building materials and fixtures that are used lightly. There are many habitats for humanities from which you can buy salvaged materials at half price from home-center prices.
But try to keep in mind that not all contractors work with salvaged materials because they don’t want to be liable for anything going wrong. To operate this option when you are working by yourself or talk to your contractor first.
Use natural light more:
Consider using natural light more by installing a light tube instead of cutting a lot more space on your wall for a window. You can brighten up your bathroom or hallway with this less expensive option.
To add up a double-pane insulated window, you will have to spend around $1500, but you will have to pay $500 only for installing a light tube. Saving $1000 is not that bad.
Finish the existing place:
This is one of the least expensive ways to add another room using the space you already have. You can turn your attic, basement, or garage into a functional room. It can be a family room, study room, gaming room, home theater, or an extra bedroom. You can also use them as home office or gym.
If you can use up these spaces, there is no need to use the lawn or garden you have outside. Search for more creative ideas to use up these spaces first before expanding horizontally.
Try to decide earlier:
Start to roam around the hardware store before the work starts in your house. You need to plan and be upfront about what you want and what you don’t want. Otherwise, you will depend totally on the contractor’s estimate.
There might be several communication glitches; for example, you might have a glass-tile backsplash in mind, but your contractor might be thinking about ceramic. So doing the research before might save you thousands, whereas doing research costs $0.
Build a stand-alone outside home:
Well, building a stand-alone structure outside the home can save you some more money. If you plan to have a sunroom, a studio, an office room, or a room for study, it can be a perfect option.
The building attached additions will cost you a lot more than stand-alone. There are many prefabricated structures and shades available in a distinct range of designs. The price range is also as low as $10,000-$20,000.
Demolish by yourself:
As long as you do it carefully, demolishing will shave you some more dollars. Even if it doesn’t cost that much like a building, you are still saving some. You might have to spend $450-$500 if you do it by yourself. But if you let your contractor do it, it will cost you at least $1000.
Don’t forget to consult an architect:
Try to tap an architect for a design consultation and plans only, as the full-on architectural commission will cost you more. For design consultation and plans only, it will cost you around $600, whereas the design fee for 300 square foot home office is about $2,300.
Don’t spend extra on your walls:
If your walls need days of filling and sanding by a painting contractor to get it ready for painting, you should consider materials such as textureglas. It has similar looks and feels to the fiberglass matting used in auto-body work. It will cost you $1050, whereas the cost of patching and painting a 15X20 foot room is $1,525
by doing more research and taking proper steps, you can easily make a home addition fit your budget. You need to consider some facts and do some work yourself to make it work. Even if you are not so tight on your account, there is no loss following some points to save dollars. You might be able to spend them in unreplaceable options. You never know if your remodeling is going to exceed your budget or not. So there no loss in saving some dollars while you can.