Does Adding Square Footage Increase Home Value?

Does Adding Square Footage Increase Home Value?

Whether you're building onto your home or renovating an unfinished space, a home addition adds livable square footage, which increases the value of your home. A home addition can be an excellent way to add desirable amenities like an office, home gym, or sunroom. It can also add more bedrooms and/or bathrooms!

How much value does adding square footage add?

If you can, add square footage! According to a study for the National Association of Realtors, every 1,000 of square feet added to a home increases its sale price by at least 30%!

Is it worth it to put an addition on a house?

If you want to increase the value of your home and are ready to go all-in on a time-consuming but rewarding investment, then you should definitely opt for a home addition. Not only does it give your home value, luxury, and convenience, but it also gives you a chance to add a bit of your own creativity.

Sophia Al-Mansoor
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Sophia Al-Mansoor

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.