To Build or Buy: The Big Home Addition Question

Is it time to move to a new living space to accommodate the changes that are happening in your family? One interesting and unexpected phenomenon from the COVID-19 pandemic is that people are re-evaluating their living spaces. After spending so much time at home, families want to create better conditions to enjoy their time together. As a result, many people are looking to buy new houses or invest in home additions in Morris County, NJ.

If you are thinking about making these changes this year, then there are a lot of factors to consider. Not only do you need to look at a location and your budget, but it’s also essential to create a list of priorities. Choosing the specific features and design styles you need helps to reduce the likelihood of needing to move again in the future.

One of the challenges to moving this year is the current trends in the real estate market. As home prices continue to go up, it is more challenging for homebuyers to afford the type of home they desire. If you feel the sticker shock of current home prices, you might consider an alternative: home additions in Morris County, NJ. This process allows you to upgrade your current home to avoid the move and enjoy your lifestyle more fully at the same time.

What Has Changed for Home Additions in Morris County Since COVID-19

The construction industry is booming, especially since so many people are building houses and investing in home additions in Morris County, NJ. As you are preparing for renovations in your Jersey home, there are a few things you need to know about the industry.

First, custom home renovations are popular, so you might need to wait a while before the contractor is available to start the project. One of the best strategies to ensure a faster timeline is to start the process as soon as you’re able.  Additionally, it is currently taking a little more time to complete the finished product. Supply chain delays make it harder for contractors to access the materials they need. Even if you are done with the main construction parts of the project, there could be delays as the contractor is waiting for the finishing touches like appliances, light fixtures, faucets, and more.

Finally, take the time to create the ideal design to match your unique needs and preferences. There is no reason to rush through the planning phases. Dedicating the time and energy during planning ensures the overall quality of your renovations, helping to guarantee that you love the finished project when our team is done with construction and installation.

Things to Consider Before Making This Big Decision

You should consider several things before jumping into home additions in Morris County, NJ. Here are a few factors that can influence your decisions: 

  • Hiring an Architect: An architect will be able to take your project to the next level while also mapping out the materials and costs during the planning process. Your architect will coordinate with your contractor to help execute your dream project at every stage of the construction process.
  • Hiring General Contractors: The quality of the home improvement contractor you choose will directly impact the outcome of your project. Not only do you need a team that offers good customer service, but also be sure the contractor is experienced and skilled in the types of renovations you need: home additions in Morris County, NJ. Read online reviews to see if other people highly recommend this company.
  • Set a Budget: How much do you want to spend on home additions in Morris County, NJ? Setting a budget initially is a critical step to managing overall costs. Keep in mind that prices are going up because of the rising costs of materials. Your contractor can help you set a reasonable budget.
  • Choose Your Priorities: Finally, make sure the home additions include all of the features that will meet your family’s needs. For example, you might want to add other projects to the list when the contractors are in your home. In addition to increasing the square footage with a big home addition, look at bathroom remodeling options to make the space more functional.

Here are a few more details you should consider before deciding whether a home addition in Morris County, NJ is a good investment for your family.

The Pros

There are undeniable benefits your family will enjoy when we are finished with your home addition in Morris County, NJ. Invest in the highest quality materials and features to be happy with the results. Consider these factors when deciding whether home additions are right for you:

Build an Addition

Add square footage to your home by expanding the current living space. You don’t have to move to a new location when there are options to find the right team for your home addition in Morris County, NJ. 

This solution gives you the ability to personalize an addition without the hassle of selling your home and moving your family to a new neighborhood. Instead, home renovation contractors can help with the design to fit with the overall layout of your current home. Plus, you can choose the amount of space sufficient for your needs.

The reality is that it takes a bit of time to finalize design plans and finish the construction. But you will love the results when our team is finished with your home addition. . First, you can let the professionals take care of the building and other details. Then, your family will enjoy the expanded living space when the project is complete.

Sell Your Home and Buy Something New

On the other hand, you might not want to go through the process of hiring a contractor to help with your home addition project. Home additions in Morris County, NJ. If you don’t enjoy the design and construction experience, then one option is to sell your home and move to a newer home that is a better fit for your family’s current needs.

One of the most significant benefits of buying a new home is that the property will be ready to move into right away, without any delays in construction. You can compare all of the available homes in the area to find the best fit for your family. Then, you’ll have the opportunity to move in when the deal closes – with no need to worry about interior design details, blueprints, or other elements of home construction.

The Cons

As you can see, there are benefits to home additions in Morris County, NJ, or buying a new home. At the same time, you will have a few drawbacks, depending on your choice. Here are a few potential cons to consider as you are making your decision.

Build an Addition

Home additions in Morris County, NJ, take a lot of work, and the expansion comes at a price. You need to make sure that you have both the time and money to invest in the project. You will need to make many decisions, such as fixtures for the master bathroom or the layout for kitchen remodels.

Another potential drawback is the limitations for getting the proper permits. Before construction can begin, you need to be sure that your renovation plans meet local building codes and requirements.

Additionally, it’s important to be sure that you have enough space available for everything you want to do. There is limited room on your property, which means that adding to your home could be cutting into the yard features.

Sell Your Home and Buy Something New

The problem with buying a new home rather than renovating is that you could potentially run into affordability issues. As home prices continue to rise, it is becoming more difficult for families to buy the types of homes they want. First, talk to a real estate agent to get a feel for the current market. Then, decide if buying a new home is something that will work for your family right now.

Also, don’t underestimate the amount of work it takes to prepare for the sale of your current home. First, you’ll need to make sure that the property is ready for the real estate listing by addressing small details, cleaning out the closets, hiring a real estate agent, and more.

Consider how much time and money you will spend on the moving process. It takes a lot of effort to pack up your home, bring in the movers, and get settled into the new house. Plus, there will be a transition time to adjust to the new neighborhood and location.

The Verdict

So, what’s the best decision: buy a new home or invest in home additions in Morris County, NJ? Both options require a lot of work and planning, but there are potential benefits for your family when it’s all done.

Talk to a remodeling contractor in Morris County, and you’ll see that the benefits of remodeling projects are undeniable. In addition, many families prefer home remodeling and home additions instead of trying to find a new home in the area.

Tandem Contracting Is a Leader in Home Additions in Northern NJ

At Tandem Contracting, we offer the full-service solutions that you need. Contact us to schedule a consultation and a free estimate for more information about available services. 


Tandem Contracting

The team that runs the Tandem Contracting website uses their experience to cover the most important topics that contractors, home owners, and renters are looking to learn about!

Recent Posts