What are the Factors Affecting Average Cost of Room Addition?

This New Year could mean guests, family members and friends visiting your place. Some even prefer staying for a couple of days. At this point of time, you might feel the shortage of space. This is exactly when you feel a serious space crunch at home, due to the new members. The only solution, without digging a hole in your wallet, is by the way of home or room addition. But, what about the costs involved in one such construction project? This blog post sheds some light about the cost of home addition in Los Angeles, and what are the important factors affecting it. Let’s learn about the few things to consider when researching room addition costs. As a homeowner, you must always remember that room addition cost is always calculated on a square foot basis. For example, if you’ve got a permit to add roughly 300 sq. ft. of space, the cost would be in the range of $55,000 – $65,000 on a rough estimate.

Size of Room – Labor costs and material costs are totally dependent on the size of a room. Once you’re aware of the dimension of the room to build or expand, you can estimate the price of flooring, cabinetry, electrical fittings and plumbing fixtures. This is where you’ve the scope of curtailing or controlling your budget. If you’re adding a ground floor to an existing room, it would require permits & approvals, apart from a new foundation work. This is where the budget can increase.

Second Story Addition – If you’re thinking of adding a second story to your home, you need to double your budget or estimate. As a homeowner, you need to address structural issues if any, and go for strengthening the framework and structures, before adding a second floor. If required, weaker sections and portions of the house need to be demolished, and fortified with stronger components. Therefore, this is a cost-intensive part of home addition, but popular for many reasons. Here are the details in brief for readers.

Maximum home value enhancement	This project creates maximum square footage addition and the home value enhancement is optimum here.
Keeps the backyard space intact	The project makes sure you have additional dwelling space but without a compromise on the backyard area
Generate rental income	It offers the scope to generate rental income because you can lease one floor to the tenant. This way you can recoup some of the investment back.

Beautiful Bed Room

Bump-Out Addition – When you’re going for a bump out addition, it would obviously cost less than a second story addition or a separate ground floor addition, as you just extend sideways. No need for any foundation. The entire new structure rests on cantilevers, with one wall already present. So, the cost of a room addition, automatically comes down. In the present time, this technique of adding extra space to a home, works really well.

Building Materials – Construction material costs also affect the overall budget of any new home construction. In this case, home addition services. At Victory Home Remodeling, we provide competitive quotes after assessing your needs and inspecting your property. If the layout design is complex with walls and partitions that need to be torn down, the budget is sure to increase. If you wish to install premium quality materials, the cost would rise. Else stick to locally manufactured materials of not so renowned companies that can keep the costs at bay.

So, these were some of the important aspects that affect or impact the cost of a room addition project in a city like Los Angeles, CA. And, when you partner with a certified & licensed home remodeling contractor like us, we can certainly help minimize the cost, without compromising on service quality and workmanship.