Understanding the Cost of Your Second-Story Addition

As a homeowner with a growing family, a second story might be a beneficial investment. It is true that it is the best solution to get more square footage for your home without moving out, but like most home improvements, it requires extensive planning. Several factors and details must also be considered, which can easily influence the overall cost of your project. 

Planning Your Second-Story Project

If you decide to build a second story, you’ll have several potential design options that can significantly affect how it’s going to be built. Some of the most common types of options include:

• Modular addition. Some contractors offer pre-built modular additions that can be custom-designed for your home. These are built off-site to your specifics and brought to your home once they’re fully assembled. This can cost more than having the job done on-site, but you’ll spend less time with workers all over your property.

• A full rebuild. This is one of the most popular methods in adding a second story as it involves removing the roof and building up directly on top of the first floor. If a new roof is out of the question, it can still be saved by renting a crane to lift it off. The same layout for the first floor is often used when building the second story, with minor changes and upgrades, such as reinforcing the foundation work to accommodate the additional weight.

• Bonus rooms. Even if you already have a second story in your main home, your garage can still accommodate a few home additions if it only has one floor. This is a great way to expand your living space without having to expand your yard. Of course, your garage’s existing supports may still need to be checked if they can handle the added weight.

Other Cost Factors to Consider

Of course, you also have to look into the other important factors that can influence the total cost of your second story additions. These include:

• Labor. This is important if you want your second-story addition done properly and on time. Hiring a home remodeler or a general contractor is necessary since they’ll take care of the managing duties and other responsibilities. This will cost around 10% to 25% of your overall budget.

• Temporary housing. To ensure safety for your family, you need to be out of your home during the construction process. Even if it’s a partial addition, it can take at least six months to complete. You’ll need to set aside part of your budget for temporary housing if you’re not planning to stay with a nearby relative.

If you’re planning a full second-story renovation, you should work with a professional remodeler who knows how to design and build with your best interests in mind. And as a trusted name in historic restorations, you can count on Cottage Industries, Inc. to assist you throughout the process from start to finish. Give us a call at (610) 293-9750, or fill out our online request form to schedule a conversation.