Home additions are a big project, and can seem overwhelming if you’re not sure what you’re getting into. That said, all you need to make the project manageable is the right information! Here’s your step-by-step guide to planning your next home addition.
Before you do anything else, figure out what your goals are, and prioritize them. What exactly do you want out of this home addition? If what you really want is a larger living room, don’t waste time looking at walk-in closets.
After you’ve figured out your goals, you’ll want to decide on a budget. There’s a reason these two steps are placed side by side: they have a big impact on each other. Don’t have the budget for an entirely new bathroom? What about adding on to the bathroom you’ve got? Setting a budget from the outset will help you to set realistic, manageable goals, and stick with them.
Get financing. Once you’ve got your goals laid out, and a realistic budget in mind, you’re ready to acquire financing. For most people, this means going to the bank and asking for a loan. The type of loan you acquire will depend on your specific situation. This could be a home equity loan, a personal loan, or another type of loan entirely.
Choose a contractor. Settling on a contractor early in the home additions process can help you to avoid a number of problems. The right contractor will not only help you construct your addition, they’ll also help with design, scoping, and problem solving. Try to choose a contractor early in the process to avoid problems that might come up down the road.
Get to work. Once you’re ready to start working on your home additions, you’re just going to have to dive right in. Good luck! This is an exciting new phase for yo