Putting up a house addition can be a big undertaking but if you do it right you will surely get a wonderful and worth it result. Having additional space in your home is one of the greatest investments you could ever make in your house, if you plan to live there permanently. This additional space may open doors for more good vibes and amazing ambience in your home. The cost of house additions depends on what space you are going to add in your house but the average cost for a house addition is around $47,000 up to about $100,000. TGUC Financial can help you find a remodeling contractor as well as assist you with financing house addition cost.
In addition to that, the cost could also vary depending on the materials used, considerations taken, labor, and design.
Some Examples of Popular House Addition Cost
There are plenty of spaces that you could add into your house as a house addition but there are three additions that are very popular. Adding an addition is one of the most creative ways to maximize the space in your place.
1. Single Storey Addition
Although this type of addition only takes up one storey, the end result is always the best one. You can get creative if you truly want the best result for this addition in order to maximize your space without making it look crowded when you have people in your place. In addition to that, the right choice of materials and design is a big impact too. This type of addition usually costs between $46,000 and $54,000 depending on the materials, design and the cost of labor.
2. Double Storey Addition
This type of addition became very popular because it truly maximizes your place creating more rooms for your house. Although this type of addition may be a major undertaking, the outcome can be amazing. The cost for this type of addition is between $55,000 and $68,000. The cost may still vary depending on your preferred design, materials used, and the labor.
3. Garage Conversion
This type of conversion became very famous because it allows a new space to surface without losing any part of your yard. However, it also has limitations on what kind of room it will be used for and depends on which part of the house it is located. The cost of an addition of this type is around $10,000 and $50,000 though the price will still depend on what type of room will it be, the type of your property, the materials that will be used and of course the cost of labor.
Cost of Addition per Square Foot
The cost of an addition mostly depends on the size of the room. Below is the average cost per square foot of a room.
| Square Footage of Room | Average Total Cost |
| 20×20 | $32,000 – $80,000 |
| 12×12 | $11,520 – $28,800 |
| 10×12 | $9,600 – $24,000 |
| 400 | $32,000 – $80,000 |
| 500 | $40,000 – $100,000 |
| 600 | $48,000 – $120,000 |
| 1,000 | $80,000 – $200,000 |
Things to Consider in House Additions
Upon building the addition the home owners are required to have the approval of their local government (usually city or, in unincorporated areas, county building agencies) and the requirements for this are structural integrity, fire safety, energy efficiency, damp proofing, ventilation and other aspects of the building codes. Another thing to consider is knowing how big your addition will be. Next is finding the best designer that will meet your expectations. And, finally, you need to consider what will be the consequences of having a construction project on your property, for instance your neighbor’s take on the noise that comes from your place.
Other Cost Factors to Consider in Expanding Your House
Budget planning really is a necessity when planning a project which means it is also wise to consider all the different possible factors involved in your house project. Listed below are some of the factors to consider in expanding your house.
- Architectural Services: runs between $2,020 and $8,390
- Construction Site Prepping: costs between $1,200 and $4,110
- Additional Foundation: costs between $4,000 and $12,400
- Roof Trusses: anywhere from $30 to $600 (per truss)
- Support Beam Installation: costs $1,150 to $4,600
- Roofing: $80 to $100 per square foot (Asphalt Shingles and Galvanized Metal Flashing); $75 to $350 per square foot (Steel Roofing); $200 to $600 per square foot (Slate Shingles)
- Vinyl Siding Installation: about $4 per square foot
- Vinyl Trim Installation: $2 to $5 per square foot
- Drywall Ceiling and Wall Installation: ranges from $1 to $3 per square foot
- Insulation Installation: costs about $2 per square foot
- Door Installation: average cost is $950
- Additional Windows: anywhere from $85 to $1,400
- Crown Molding Installation for Ceilings: runs from $4 to $16 per linear foot
- Electrical Wiring: anywhere from $40 tp $100 per hour
- Flooring Installation: between $1,500 to $4,500
- HVAC Installation (Ducts and Vents): $1,050
TGUC Financial Can Help You Finance a House Addition Cost
TGUC Financial can help you find a remodeling contractor as well as assist you with financing house addition cost. Contact us today.
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