Home Additions in Long Island
Is your home starting to feel a bit too small? Do you need more space to accommodate a growing family, retired parents or lifestyle adjustments? Rather than beginning the long and frustrating process of finding a new house in Long Island, why not opt for a home addition?
Custom Homes Inc. has experience creating additional space in homes around town, so if you’re curious about the services we provide, we encourage you to get in touch today.
Why Build Onto Your Home?
Extending the square footage of your property offers many benefits! If you’ve been imaging what your home might look like with a few extra rooms, there’s no better time than now to get the ball rolling.
Provides Additional Space
If your home is starting to feel a bit cramped, there’s no need to start looking at real estate postings just yet. With a home addition from Custom Homes Inc., all the space you need can be created for you.
Helps You Avoid A Stressful Move
Not only is moving an unpleasant experience, it’s an expensive one. From real estate fees to the cost of hiring a moving company, the price tag can creep up before you know it. A home addition allows you to avoid the stress of moving by creating the perfect space for you in the home you already have. What are you waiting for?
Increases Home Value
Home additions can substantially increase the value of your home. By turning a two bedroom house into a three bedroom one, or by adding a self-contained apartment on the property, your home’s value will soar.
How Do Home Additions Work?
Before we get to work adding on to your home, Custom Homes Inc. will sit down with you to discuss the details of the project. By making sure everyone is on the same page before things move forward, we can guarantee client satisfaction when all is said and done.
Once the plan has been finalized and all the necessary permits obtained, we mobilize our team and construction begins. As licensed general contractors, we are able to take care of everything in house. You don’t have to worry about keeping track of multiple companies—with us, everything is handled under one roof.
For home additions, you aren’t limited to bedroom space, either. If you’ve been dreaming of adding a dedicated space for entertaining, get in touch with us! We would be happy to discuss whatever you have in mind, and draw up some plans.
Your Most Frequently Asked Questions About Home Additions in Long Island
Because Custom Homes Inc. is the top home additions and renovations contractor serving the Long Island area, we receive a lot of questions from clients and potential clients before and after the renovation process. We believe knowledge is power, and a home addition is not something to rush into without a lot of consideration. We also believe that home additions bring incredible benefits to the overwhelming majority of homeowners in Long Island who undertake one! That said, being prepared and realistic about the process is the most surefire way to guarantee you walk away from this major home improvement project feeling happy and satisfied. That’s why we’ve taken the time to help answer these basic questions about the process on our website. Take a look at them and then call us if you need more information!
Are Home Additions Tax-Deductible?
It depends. If the Long Island house in question is your personal residence, you cannot deduct home improvement expenses from your personal income tax here in the state of New York.
That said, that doesn’t mean that home additions have no tax benefit! You can’t deduct them, but a home addition will improve the tax basis of your home by a significant amount. When it comes time to sell, you’ll gain a major tax boon on the sale of your home. If you make a profit on your home, you won’t pay tax on the extra value the home addition created.
Furthermore, if you have a business operating out of your home, any home additions that add an in-home office that is strictly used for business purposes can be deducted!
What Are My Options for Home Additions in Long Island?
Generally, when it comes to home additions, you’ll want to build out or build up. Anyone who lives here on Long Island knows that room for expansion from side to side is limited. Adding a second story is a more invasive and more expensive home addition project, but it can radically transform your home, without encroaching on your neighbor’s property.
How Much Does the Average Home Addition Cost?
It all depends on what you want to accomplish. If you’re looking to transform your bungalow into a three-story mansion, the cost of your home addition could total as much as $1,000,000! That said, the vast majority of home additions we complete for Long Island residents are priced between $50,000 at the low end to $500,000 at the top end. We have the experience and the industry partners to accomplish any project on any budget!
Do Home Additions Add Value?
You bet they do, and in more ways than one. You’re not only adding to your tax basis, but you’ll also add direct resale value to your home. But the best value of all is the increased enjoyment you and your loved ones will gain from your radically transformed space.
Who Should I Call for Home Additions?
Custom Homes Inc. is Long Island’s most efficient and professional home addition and renovation contractor. Want to know more? Keep reading below!
Contact Our Efficient Builders
We’re all homeowners at Custom Homes Inc., and we understand it can be stressful to have people working in your space. Our goal is to work as efficiently as possible, while still taking time to get every last detail right.
By hiring us to carry out your home addition project, you can rest assured that our team will work diligently to complete work well within an appropriate timeframe.
With extensive experience and a staff made up of fully licensed and bonded contractors, we are well positioned to give you the home of your dreams.
Get in touch with us today to set up a meeting.