Want to add another room to your house?
Well, you’re not the only one!
According to HomeAdvisor, homeowners spend about $20,703 – $71,423 in order to build an addition to their home.
But… how much would a room addition cost YOU?
At Blue Anchor Properties, we’ve been managing real estate in Northern New Jersey for years now, and we’ve learned a thing or two about adding a room to a home.
Here’s a breakdown of the costs to consider.
Addition Costs In Your Market — Every market is different, even when it comes to adding a room to a home. The best course of action is to get quotes from local architects and contractors.
Consider Room Size — You probably assume that a bigger room will be more expensive. And that’s true… except when it comes to the price per square foot. In fact, usually, the cost per square foot of this type of project decreases as the size of your room increases. So it’s not always better to go small.
Consider Room Placement — One of the biggest cost factors for an addition is its placement. Second-floor room additions, for instance, are usually more expensive than first-floor additions. This is something to check with local contractors and architects as well.
Another option is to sell your home and upgrade to a bigger home that better fits your needs. In fact, at Blue Anchor Properties, we can purchase your home for a fair cash price, as-is, in as little as two weeks. Give us a call at (201) 713-5312 to learn more!