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5 Ways to Save Money When Expanding Your Home

9 May 2019 No Comment

Expand HomeIt’s common for homeowners to reach a point when they’ve outgrown the available living space in their homes and come to the conclusion that they need to expand their home. When you’ve reached that point, there are a number of options on the table. You could add an extra room or level, or you can take some alternative approaches to give yourself more indoor space without breaking the bank through an expensive construction project. With that said, here are five ways to save money while expanding your home:

1. Construct a Steel Building

One of the most cost-effective ways to add more living space to your property is to construct a steel building using a kit from a company like Armstrong Steel. They can provide the building plans and materials you need to construct a variety of structure types. Plus, steel building prices are comparable to the cost of other building materials like brick or wood, yet they’re known to be far more durable. After the building is complete, you can convert it into a guest house, game room, laundry room, workshop, or other area used for living or utility purposes.

2. Screen In The Patio or Deck Area

While a screened in area isn’t technically a home expansion, with the addition of curtains and a few other components it can feel exactly the same. Add a heater/air conditioner and a few fans, and you can have the same kind of temperature and environmental control that you enjoy in the rest of your home. You can close the curtains when you want it to feel like an interior space and then open them when you want to feel like you’re in your backyard again.

3. Add or Tear Down Interior Walls

You may be able to optimize your living space without actually adding more square footage to the floor plan. If you have a particularly large den, living room, or bonus room, you could split it into separate rooms to add an extra bedroom or office and achieve the perception of a bigger home. Likewise, you could tear down walls to create larger, more open spaces that make the home feel more spacious.

4. Convert the Garage, Basement, or Attic

If your home has a garage, basement, or attic that’s only rarely used for storage purposes, you could easily convert those areas into living spaces. Taking this approach would be much cheaper than the cost of adding an extra room via a costly construction project, and you wouldn’t have to go through the hassle of obtaining building permits and hiring contractors. You could even build a DIY bathroom or kitchen area and convert the area into a small studio apartment that’s segmented from the rest of the house, which you could then use as a guest room or rent it out to supplement your income.

5. Add a Sunroom

If you really insist on expanding your home with an extra room, building a sunroom is by far the cheapest option. Believe it or not, you could actually build a sunroom yourself as it only involves constructing a basic frame and fitting glass panels into it.

Do All of the Above and Your Home Will Be Huge

If you add up all the combined living space that you’d have after taking the 5 steps above, you’ll probably find that there’s no need to add an extra room or level to your home just yet. With these projects alone, you can add thousands of square feet of living space in the most affordable way possible.

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