Adding a new storey or room to your home can be quite costly. Unfortunately, a lot of homeowners don’t know how much it actually costs. They don’t consider the key factors, don’t conduct the research provided, and don’t speak to Calgary home renovation companies.
To ensure that homeowners are not shocked when it comes to adding a new room to their home, we’ll discuss the impacts that affect the cost of new home addition (or known as a secondary suite in Calgary).
For a more detailed picture, let’s dive into the main project components:
Gauging the cost of a home addition can vary, considering the above-mentioned factors. However, having a firm idea on what previous homeowners have paid can prove fruitful in knowing how much an addition can cost.
Home Guide states that the homeowners “spend between $22,500 and $74,000” and that “adding a 20×20 family room costs $48,000 on average while adding a 12×12 bedroom costs about $17,300. The cost to add a bathroom starts at $18,000.”
HomeAdvisor backs this claim up, stating that the “average cost to build an addition or add a room to your home is $45,806. Most homeowners report spending between $21,307 and $70,818”.
These figures though, are just that, figures. Thorough calculations are required when it comes to determining if the investment can fit into your budget. Too many homeowners don’t consider all the factors involved and therefore are shocked when the prices are higher than expected. Consider everything before proceeding with your home addition in Calgary.
Your dream home will soon be a reality thanks to the experts at Calgary Home Renovations By Aspire.