What Are the Benefits of a Home Addition?
Housing costs in Northern California continue to increase, making any available living space more and more valuable. Homeowners across the Sacramento area are exploring ways to expand their living spaces as their lives grow and change without having to move away. A solution many have found for this dilemma is to invest into a home addition. The options vary depending on the layout of your home and budget, but adding another bedroom, a kitchen expansion, or even a home office has been the perfect solution for many homeowners. Adding to your home is clearly an investment and will take some commitment, but the following benefits can’t be understated, especially in our current market and region.
1. Property Value
A hugely compelling reason to undertake a home addition is the corresponding increase in your property value. With home prices surging in the Sacramento area amid a competitive market, this becomes even more important. Square footage correlates directly to home value, so adding space onto your home raises the price at which you can eventually sell your home, and even opens the door for refinancing and equity opportunities. Buyers in Northern California are typically willing to pay a premium for larger homes, especially in family-friendly neighborhoods.
2. Home Customizations
Life changes require home accommodations to match. Family growth and work-from-home needs are among the most common reasons for home additions. With the rise of remote work in particular, many homeowners are choosing to build home offices. In fact, the Pew Research Center estimates that 14% of the adult population works from home all the time in the U.S. This percentage is even higher in our region with a larger concentration of white collar and tech industry. Multi-functional space is becoming increasingly valuable as integrating professional workspaces with our homes is normalized.
3. Avoiding Relocation
Moving is a difficult task, in every way. Apart from the emotional strain, stress, and time commitment of moving, it also involves substantial financial costs, including agent fees, closing costs, and various moving expenses. In the highly competitive Sacramento housing market, the cost of buying a larger home could easily exceed the cost of simply expanding your current space.
A home addition affords you the ability to retain the same relationships you’ve likely built with your neighbors, keep your children in the same schools and friendships, and avoid the overwhelming stress of finding a new property and risking a negative change. Instead, you can work to perfect your current home to meet your specific needs and wants. In many cases, this is a more cost-effective and convenient option compared to selling and buying a new property.
4. Outdoor Living Spaces
With Sacramento's warm climate, outdoor spaces like decks, patios, and sunrooms can be enjoyed for the majority of the year. Many homeowners choose to build an extension to their living room by adding a sunroom or deck as a seamless transition from indoor to outdoor living. The aesthetic and functional appeal of these types of additions immediately elevates how you can host gatherings or just enjoy quiet evenings in.
5. Energy Efficiency
Energy efficiency is a legitimate concern for homeowners today, whether you’re considering the environment, your budget, or both. A well-designed home addition can actually help to make your home more energy-efficient by choosing modern materials like insulated windows and smart lighting and thermostats. Simply optimizing your lightbulbs can save you 50-75% on lighting energy costs. Energy costs are only rising, so long-term savings could be in play by prioritizing efficiency in your building plans.
6. Multi-Generational Capacity
Many families in Northern California are choosing to make the economical decision to live in multi-generational households as inflation and housing costs continue to rise. A home addition like a separate in-law suite or even an additional bathroom can make these types of arrangements more comfortable for everyone. While not as common in the United States, multi-generational living is the norm in many countries and actually gaining steam locally. A designated space for extended family members can provide privacy and functionality for your own family or potential homebuyers in the years ahead.
An in-law suite or guesthouse can increase your home’s resale value and capture a niche market that it wouldn’t otherwise.
7. Capitalize on Local Trends
The Sacramento area has quickly become one of the hottest real estate markets in Northern California as home prices have rapidly appreciated over the last several years with the wave of new transplants from the Bay Area. This new demographic has created a demand for spacious homes with modern amenities. Adding a home addition to your current property is a smart and functional way to capitalize on these real estate trends and ensure that your home remains market-competitive.
More specifically, California’s Accessory Dwelling Unit (ADU) laws make it easier than ever to add more living space to your property. Commonly referred to as ADUs, but also as “granny flats” or “secondary units,” these are small, self-contained living spaces that can be attached to the main house or even built separate from it. These offer a versatile solution for families needing extra space or even those looking to generate passive rental income, but we’ll cover more on ADUs in a future article.
8. Enhanced Comfort
Beyond the more technical benefits like financial viability and real estate impact, home additions can simply enhance your comfort and lifestyle. Whether it’s a new master suite with a luxurious bathroom, a spacious kitchen, or an extended living room for family gatherings, home additions allow you to meet your specific needs and shape your home to your life. It isn’t just about increasing square footage but improving the functionality of your home.
HEX’s Premier Home Additions
If you’re considering a home addition in the greater Sacramento area, HEX General Contractors can turn your dreams into reality. With years of experience building home additions from Davis to Folsom and Roseville to Elk Grove, our team brings a commitment to premier craftsmanship by specializing in designing and building to meet the unique needs of each client.
Our skilled designers and contractors will work with you every step of the way—from initial design to final construction—to ensure that your home addition is a dream come true. Whether you need an extra bedroom, a kitchen expansion, or a new office, we have the expertise and experience to bring your project to life.
Contact HEX General Contractors today for a free estimate and one-on-one advice. We only deal in high-quality renovations, so you can trust us to create a lasting space that you’ll love for years to come.