Nine Ways to Add More Space to Your Home | EcoCoastal Homes

July
24
2017
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Nine Ways to Add More Space to Your Home

By ecocustomhomes
In Uncategorized

Nine Ways to Add More Space to Your Home

Whether you have kids on the way, elderly parents moving in or are just ready to upsize, moving is always a major hassle. Sometimes a simple renovation can be the most logistically and fiscally convenient option for you. Here are nine ideas for adding space to your home:

1. Add an addition: whether you need more room for guests to stay or another living space, adding a guest house or living area can sometimes be the perfect solution.

2. Finish the basement: the unfinished space in your basement can be a great place for an extra bedroom, living space or media room.

3. Add a bump out: if a little extra space in your kitchen, dining room or living room is what you are looking for, adding a bump out can be a minimally invasive way to add more space to your home.

4. Create an outdoor living space: the addition of outdoor seating, an outdoor table or a fire pit with a little landscaping can add the perfect new living space you have been looking for.

5. Add a second story balcony: a second story balcony can add a private outdoor living space that opens up and adds more light to the second floor of your home.

6. Convert the Attic: the unfinished attic you have can be the perfect space to transition into a playroom, media room or office.

7. Take down an interior wall: if the wall dividing your kitchen and dining room makes the space feel cramped, taking that wall down can do wonders to the feel of the space.

8. Repurpose a room: that room in your home that you never use can be repurposed to add new, fun and more comfortable living space.

9. Convert the garage: a garage has a lot of space that most people do not take full advantage of. Converting the garage to also include storage space can free up a lot of room in your home that you want to use for other purposes.

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Costs of Custom Homes

The first thing most people want to know is: What does it costs to build a 3000 sqft custom home in the Atlanta, GA. market? The first thing you have to calculate is the square footage you want. Once you have that, the numbers below give you a good starting point.

Adjusted Square Foot Calculation:

Above ground finished conditioned space is 100% of actual sqft
Basement level finished conditioned space is 40% of actual.
Garage space is 50% of actual
Covered Patios / Porches are 70% of actual
Decks are 20% of actual sqft.
So a 3000 sqft home with 1000 sqft of finished basement, a 550 sqft garage and 250 sqft of covered or screened porches will have an adjusted SQFT of 3850.

New Construction:

Lot costs are typically 30% to 35% of your total budget for a home.
We find construction costs of $200 per sqft + or – 10%, plus a fixed cost of about $30k for site development costs. (Utilities, Driveway, Fencing, Landscaping, etc.) If you want a modern home with flat roofs and steel, you are looking $240 per sqft + or – 10%.
Architectural Fees / Engineering Fees typically are 7% of construction costs, + or – depending on the amount of detail you want designed.
Time to draw plans are 3 to 6 months. Time to permit is about 60 days. Time to construct a home depends on the size of the home, but typically we can do about $70K to $120k of work per month on a home; with a minimum of 6 months to construct a home.

Renovations:

In today’s market we are finding that in doing large renovations/additions to homes are saving 10% to 20% versus a new home.
Typically we see costs for new added space at $210 per sqft. Redoing existing space is about $135 per sqft.
Architectural Fees / Engineering Fees typically are 6% of construction costs, + or – depending on the amount of detail you want designed.
Time to draw plans are 1 to 3 months. Time to permit is about 30 days. Time to construct a home depends on the size of the home, but typically we can do about $60K to $100k of work per month on a home; with a minimum of 3 months to construct a home.