Whether you want to have extra income or need a place for your friends and extended family to stay, adding a guest house is a good investment for your property. But building a guest house can be a bit confusing, especially if you don’t know where to start.
Maximize How You’ll Build Your Guest House
You’ll only see a clear return on your investment percentage if you build your guest house efficiently. Here are a few things you need to consider while you’re still planning how you’ll build it.
Use durable materials – Consider using materials that require minimal maintenance so you can save more in their upkeep over time. Building with low-cost and durable materials will maximize your return on investment (ROI). For instance, choosing faux hardwood, vinyl tile or bamboo for your flooring will keep project costs low. Also, invest in proper insulation and energy-efficient appliances; this will help in reducing how much you need to pay for the added utilities over time.
Smaller guest houses see better returns – Another way to maximize your guest house set-up is to keep it small. Specifically, professional home remodeling contractors recommend keeping your guest house addition between 400 to 600 square feet depending on how big your overall property is. Keep in mind that building bigger means having to spend more on flooring, foundation, walls, roof and more.
Other Benefits of Adding a Guest House
Shuffling your main home’s rooms around or needing to sleep on a pull-out couch may not always be enough. That’s why having a dedicated space for your friends and family when they stop by is one of the biggest benefits you’ll get when adding a guest house.
If your guest room is large and complete with a bath and small cooking space, it can be marketed later as an in-law suite. These more expansive quarters offer versatile value and can be a real asset. Even when you don’t have any guests invited over, a well-designed guest space can still be repurposed for nearly any type of activity, such as a rec room, home office, play area, etc.
In the end, adding a guest house will increase your home’s resale value. If you need professional help in planning your guest house addition, hire locally trusted new addition contractors to help make your project a reality. Call Design Build Remodeling Group of Maryland today at (443) 300-2268, or you can reach us online by filling out our contact form. We serve Washington, DC, and surrounding areas.
