Ritco Group, Inc.

Expanding your living spaces is not only about adding more to the existing square footage but also about potentially increasing the overall value of your home. Whether it’s due to a growing family, the necessity of a home office, or simply the desire for a more spacious living environment, the type of room addition you choose can greatly impact the eventual return on investment (ROI) and enjoyment of your space.

Kitchen Expansion

Undoubtedly, the kitchen is regarded as the heart of the home, serving as the central hub for family gatherings and culinary adventures. An expanded and well-designed kitchen not only meets the practical needs of meal preparation and dining but also significantly boosts the home’s value. Estimates suggest that a kitchen addition can yield an impressive ROI of at least 80%.

Additional Bedrooms and Primary Suites

Adding a bedroom can transform a property’s appeal, especially with the trend toward remote work. In terms of ROI, it can provide an estimated return of 53% to 75%. Similarly, a primary suite with a large bathroom and walk-in closet can yield a 63% return, as well as significantly enhancing day-to-day living comfort.

Second-Story Additions

For homes lacking the land for outward expansion, looking up to a second-story addition can be the answer. Although a larger undertaking, this project can double your living area, offering a return of about 65% while greatly appealing to potential buyers. Such a project would also be an opportunity to choose a more durable roof that complements the existing structure.

Bathroom Additions

Adding another bathroom to your home can prove to be one of the most strategic additions to a household. This is especially true for homes that are lacking in this aspect compared to neighboring properties. It is an investment that bears fruit, with the average ROI circling around 53%. It’s a functional enhancement that elevates everyday convenience.

Sunrooms and Living Spaces

Affordable yet valuable, a sunroom or three-season room can deliver more livable space encased in natural light, useful for a variety of purposes. These additions are associated with roughly a 50% increase in ROI and can provide a relaxing environment while also serving functions like a home office or hobby room.

While deciding on which room addition to undertake, bear in mind that home value isn’t the single determinant. Your quality of life, personal preferences, and changes in household requirements are equally pivotal. Crafting a room addition that takes these other factors into account is key.

Ready to get started with your home addition project? Turn to Ritco Group, Inc.! We are licensed to perform this service in Franklin, Columbia, Franklin, and surrounding TN areas, so you no longer have to worry about the work not being up to local building codes. Our team is also fully insured, with worker’s compensation and liability coverage for your protection. Call us at (931) 381-0175, or fill out our contact form to schedule a consultation.