The Leaders in Custom Renovation

We Are Toronto's Renovation Experts

Start Your Renovation
Request Your Quote

Setup a time to meet with our friendly staff and have them walk you through the renovation process

Will putting an addition on my house add value to my home?

 

Putting an addition on your house is one of the most involved and expensive renovations that a homeowner can commit to. While it’s important to understand the scope of such a project, the magnitude alone should not be enough to discourage you from going forward. There are many excellent reasons to build an addition – and adding value to your home is one of them.

Defining value

When you think about the value that an addition will add to your home, it is important to consider both the resale value and the added enjoyment that you and your family will get from adding extra living space to your house.

For a growing family, having extra space can mean the difference between staying in a neighbourhood that you love and having to move. Adding a sunroom, dining room or family room can mean more time spent entertaining friends and family as well as more room in the home to get away for a little downtime. Building a home office, workshop or studio can give you more freedom by not having to commute every day.

Resale value is also important. If you don’t have a large master bedroom with an ensuite for example, adding one can positively affect the price tag of your home when it comes time to sell. If resale value is one of your main concerns, it is a good idea to consult with a real estate agent who is familiar with your neighbourhood.  They will be able to give you advice on what type of home additions bring in the highest prices from home buyers.

Why not just move?

Moving is certainly one way to get the extra space that your family needs without having to go through the renovation process. While this option should not be discounted entirely, it is important to remember that there are drawbacks here to.

First of all, you may not be able to get your desired amount of space and floorplan and still remain in your neighbourhood of choice. There are almost always compromises.

Second, while putting an addition on your house is an investment that will allow you to recover a good portion of your costs when you sell, there are expenses involved in moving which cannot be recovered such as movers’ and lawyers’ fees. And if you think that this is a small amount, think again – it is estimated that the amount you spend moving once you include fees for buying and selling will equal about 10% of the purchase price for a property.

If you spend 10% of the value of your current property on renovations instead, you might be able to add that sunroom you’ve always wanted, an ensuite bath or another addition.  And you won’t have to uproot your family in the process.

Putting an addition on a house takes time and money but it can also be very rewarding in the end. The value you gain both from added enjoyment of your home and the actual selling price are important factors to consider when making your decision.

Customer Testimonials
Great Service For Great Clients

Here are a few testimonials from our satisfied customers

Steve Gillingham
Steve Gillingham
2021-03-05
Awesome people very friendly good ethics
I L
I L
2020-02-13
Reno pros are truly pros at what they do. Originally I didn’t know that they do residential jobs, I contacted Roman. He made the rest of the process seamless and with minimal stress for me and my family. Roman priced me for an addition as well as a full interior reno. A full scale design and build project, including drawings and permits. Completion took about 7 months, when everything was finished, I couldn’t be more pleased. Highly recommended. Cheers to the Reno Pros team!
Vache Zakarian
Vache Zakarian
2019-12-18
Roman made, what is generally an ordeal, a very pleasant and easy experience. He always answered my calls and even reached out after the project was done to make sure everything was ok. Their work was nothing short of perfection both in timeline and workmanship and Roman was incredibly pleasant to deal with. Thanks for making the entire construction process simple and stress free. I highly recommend anyone on the market for a contractor to contact Roman and his team.
Martin Feldman
Martin Feldman
2019-09-16
Roman and his team did an awesome job -very professional, reliable, safe, clean and the quality of the work was superb! Will for sure be using them again for other projects!
Jonathan Wu
Jonathan Wu
2018-11-27
Alex is friendly and knowledgeable. He came to my house and gave a quick quotation. He finished work on time with high quality. His price was fair. I am very happy with the new basement ceiling. I will hire them again in the future if needed.
Paul Armstrong
Paul Armstrong
2018-11-26
I wanted to thank you, not only for the beautiful job you did, but also for you and your crews competence on the product and installation. I absolutely love my new drop ceiling and back splash in the kitchen. It was a trying time for us, as you know, but you respected my house as a "home" and I wanted to let you know that I appreciate all you did. Thank you!
Lee Wuying
Lee Wuying
2018-11-16
Hired these guys to install drop ceiling in my office. Wonderful crew and a wonderful finished product. Alex and Valera worked under a realistic timeline making appropriate adjustments based on my schedule.
Contact Us Today
For All Your Renovation Needs!

You probably have a lot of questions about a potential home renovation you would like to start. Reach out to us and let’s start a discussion.

Start Your Next project
Request Your Quote

Setup a time to meet with our friendly staff and have them walk you through the renovation process

home renovations toronto