With the difficulty in selling homes in the current market an alternative to selling a small home worth considering is building additions to obtain the larger home you need. This is an ideal option, especially for younger couples who are in starter homes with growing families. Adding allows you to customize for your unique family needs, giving you exactly want you want without the hassle of settling for what is close enough.
When considering the type of addition that is right for your growing family needs think about the big picture. Instead of simply adding on another bedroom, consider adding on a master suite with a second bathroom. This could provide you with the opportunity to alleviate the difficulties that can arise from multiple people sharing one bathroom and give your home added value. Alternatively simply adding a second bathroom can also be the ideal solution for a growing family.
Expanding a smaller living room to become a larger family room or adding a sunroom for more living space can open up an otherwise cramped home. Renovating a basement or garage can also provide the addition your family needs with less expense. With the low cost of materials at this time it is worth exploring the possibility of additions to your home.
There are government programs, such as HUD loans that allow homeowners to roll their old mortgages into a new loan with enough funds to pay for additions. Many recipients can see a return of up to 95% of the investment expense of the addition back on their home value. In spite of the initial cost, dollar for dollar, the addition can be a better value than the loss from selling in the current economy.
Contact Home Improvements of the Carolinas or call (336) 271-3323. We provide quality construction services by licensed professionals, servicing Greensboro, High Point, Winston-Salem, Burlington, Cary, Raleigh, Haw River, Mebane, Kernersville, Chapel Hill and in-between.