Is a New Home Addition Worth the Cost?

The real estate sector is back in business, and MSN reports that property values are increasing at long-term rates once again. Now is the perfect time to upgrade your home with a brand new addition and increase its square footage.
What Does an Addition Require?
Once you flesh out the details with an architect or designer, you’ll want to secure a permit for the new construction. Permit rules vary by city, but your general contractor will help you file the necessary paperwork.
Please note that construction prices vary by company, so the cost of your addition may be higher or lower than the national average. Using a sample 150 square foot addition in Austin, a basic room without plumbing will run about $100 a square foot or a total of $15,000, but you might have to pay closer to $20,000 depending on the windows, doors, and flooring material you choose.
A bathroom addition requires … Read Full Post »