Two Story Home Addition - Costs & Benefits
Updated: Aug 31
Adding a two-story addition to your home will increase the value of your home while also providing you with additional living space. However, before hiring a designer and remodeling contractor, you should educate yourself about building codes, structural difficulties, and the professional expertise required to achieve your objectives. A detailed understanding of the process guarantees that all phases of the project go off without a hitch and without costly delays.
How much does a two story addition cost?
Every home is unique, but the following are some typical price ranges: The cost of a 2nd storey addition to a 2,000-square-foot house can range from $250,000 to $650,000.
Expect to pay between $160,000 and $210,000 for a 500-750-square-foot partial second-story, especially if there is a new bathroom above. Many of the associated expenditures are the same whether you add one room or three rooms on top of your house, so it may seem strange that a partial addition is more expensive than a full second-story addition.
Building codes and ordinances
Building codes and ordinances control features such as setbacks — the distance between your property line and the nearest structural elements of your house — to safeguard the health & wellbeing of residents and preserve neighborhood value. Knowing your setbacks is an important first step in analyzing your property because a two-story addition is a physically huge job.
A single-family detached house in the suburbs may have a minimum setback of 20 feet from the curb or street, 10 feet on each side, and 15 feet in the back. Ignoring these restrictions can result in fines and you may even be required to dismantle the new construction, though specifics vary by area.
There are numerous advantages to adding a second story to your home. Beyond the advantages of getting more space, building your home vertically rather than outward into your lot is a better use of space, especially if your lot is tiny.
You can have more space while still having distance from your neighbors and using your yard for gardening and outdoor living. It's also a fantastic technique to make more space for a growing household.
You can also use the building project to raise the ceilings on the first floor, which will boost the value of your home by itself.
There are numerous reasons to think about adding a second floor to your home. Aside from the additional benefit of extra space, expanding your home vertically is a better use of space than expanding outward into your lot – especially if your lot is small.
You can have more space while still taking advantage of your yard for gardening and outdoor living while remaining separated from your neighbors. It's also an excellent way to make more space for a family.
You can also use the construction project to raise the ceilings on the first floor, which will increase the value of your home. At the same time, you can assess your home's layout and determine whether to open up small rooms or combine rooms now that you have additional space upstairs. It introduces a whole new realm of possibilities.
Planning for a two story addition? Hire Home Construction Company in Fairfield, CT