Make more rooms to increase the value of the house - Right space add to the house value
With the changing social and family scenario more and more parents as well as kids want their own privacy in the house. Well what can be the best thing to have separate rooms for every one. Similarly a separate study or a guest room is also preferred by families. To increase the house nothing can be better than adding a room.
What will be the right extension?
While making an extension one should first understand what all things the house can accommodate and accordingly make the extensions. For instance, if there no storage, making a servant quarter won't be sensible. Storage has more value and utility than a servant quarter thus add storage. Basement is the best extension one can make. Houses with basements always get a better value than the others. Similarly if you have extra space on the top of the house adding a storey will surely increase the value of the house. An additional storey can change your house from 3 BHK quarter to a 5BHK bungalow.
Consider the market when remodeling
Making extensions includes a large investment. So before making any such investment it is advisable to understand the market trends. If the rates in your locality are rising extension will pay handsome returns. And if the rates are decreasing appreciation due to extensions are doubtful.
Do the extensions legally
Most buyers see extensions with doubtful eyes, as often they are illegal. Thus if you want to reap the best benefits of your extensions take all the legal permissions and completion certificates. Once the documents are clear the extension will mint you gold.
With an extra room the house space can increase considerably, though actual square feet are not increased but the accommodation increases. For those who are considering extensions most realtors recommend to add a basement or storage to the house. To mint the investment make sure that the extension goes with the house interior and looks as a part of the house and not an extension.
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