Factors to Consider Before Your Home Addition Construction
In the YouTube video, the speaker underscores the critical importance of thoughtful planning before embarking on a home addition project. Key considerations highlighted include visiting local planning and building departments to navigate zoning and property line restrictions. The speaker stresses the need for careful feasibility assessments, appropriate budgeting, and obtaining multiple estimates with financing options in mind.
For larger projects, hiring a contractor with liability insurance is deemed essential.
In the subsequent segment, the speaker delves into considerations specific to larger home addition projects. This includes emphasizing the necessity of contractors having liability and workers' compensation insurance, with a note that the latter may not be required if the contractor doesn't hire employees. The speaker explores the decision between moving out during construction or enduring potential inconvenience at home.
Further advice encompasses the acknowledgment of potential inconveniences during construction, the importance of a realistic project schedule, and caution against change orders, particularly for those on tight budgets. In the concluding segment, the speaker offers the eleventh tip: homeowners should evaluate if they will get their money's worth, sharing an example where budget increases led to a house worth less than expected. The overall message encourages homeowners to weigh the value gained from an addition against costs and align the project with their long-term plans. The speaker emphasizes the careful consideration of potential returns on investment when contemplating a home addition. There are a lot of benefits if this project is carried out properly, so be sure to plan it well and you will greatly enjoy your new home addition.
