Front Royal is home to many growing families and as your family continues to grow, your house seems to shrink. The solution is often immediately thought to upgrade your living situation and move to a new area. However, doing so, can end up being more expensive and more work then just improving upon your current living situation.
When you start to need more space, do a quick comparison and make sure to measure both cost and time spent in moving verse adding an addition. When buying a new house, you need to look at higher interest rates, extra mortgage cost, down payment, along with time spent finding the house, applying for a loan, and moving. While there is no right answer as you may not have room to expand. However, if you have the property and you are happy with your home, you just need more space, then you should consider and look into the cost of a home addition.
While when buying a bigger house, you are buying full price. When you add a home addition, this usually adds value to the home. This is another factor to look into when comparing pricing because not only are you not adding to the mortgage, a lot of the renovation (addition cost) will be added to the value of the home as well, giving you twice the advantage.
The last benefit of an addition, is over the years you have built your home into your dream home, and while buying a new home is like starting over (Which sometimes is nescesary), adding an addition is just improving on the home you have already built for you and your family.
As mentioned there is no right or wrong answers. Sometimes the property is just to small for an addition and you would rather build a new house, or find a new one. While you must always compare these two factors, you should always consider the cost of adding an addition to your Front Royal property.
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