Adding a second story to your home isn’t cheap, but it can add a lot of value to your property. It can also be an excellent way to accommodate your growing family’s needs without the stress of moving to a bigger house.
The cost of adding a second story depends on your project’s size and scope. It typically costs between $100 and $300 per square foot, but could reach $500 for complex jobs that involve high-end materials.
Cost of Materials
Adding a second story to your home is an excellent way to add more space for your growing family. But it’s also an expensive project that will take a lot of time to complete.
Fortunately, you can cut down on the cost of your project by choosing more affordable materials and finishes. For example, you can use standard paints instead of high-end finishes for a significant savings on your overall cost.
The cost of adding a second story will vary depending on the size and complexity of your project. For example, a full addition costs more than a partial one because it requires removing the roof and building on the entire second floor.
You’ll also need to consider the shape and features of your home. This will affect the material and labor costs of your project. For instance, it’s more expensive to build a second story onto a 2,500-square-foot ranch home than on a 1,000-square-foot home.
Additionally, you’ll need to consider if the foundation of your house will support the added weight of a second story. If it won’t, you may need to reinforce the foundation before you can begin construction.
Another factor to consider when planning a second-story addition is zoning laws and neighborhood deed restrictions. Some municipalities have zoning ordinances that limit the height of buildings in your neighborhood, so you’ll need to be sure to have those rules in place before you begin construction.
For this reason, it’s always a good idea to work with a qualified and experienced contractor on your project. Make sure they are licensed and have a history of positive customer reviews.
A general contractor can help you manage the complexities of your project, including permits, budget, and subcontractors. They’ll oversee the construction process and ensure the job is done right.
They can also recommend additional construction experts, such as an architect or engineer. Those professionals typically charge 5%-20% of the project’s overall cost.
You can save money by using a general contractor to manage all aspects of your construction project. They can also help you choose the best building materials for your project.
Cost of Labor
Adding a second story is an expensive remodeling project. The cost is based on a variety of factors, including the size and scope of the project, the quality of materials and finishes, and labor costs.
Unless you’re a skilled construction worker, you should leave this type of remodel to the professionals. A good contractor will have the right background, credentials, and positive customer reviews to make sure your renovation is a success.
You’ll want to do some research on the different types of contractors in your area, including local home improvement associations, online home improvement forums, and professional trade organizations. These sites can provide you with a list of reputable contractors who have successfully completed projects in your area.
The price of your home addition will be primarily a function of labor costs. Typically, labor makes up at least 50% of the cost of your home remodeling project. This includes general construction work and specialized services such as plumbing, electrical wiring, and HVAC. The cost of these services is largely dependent on the specific work needed and the contractor that you hire.
When you hire a contractor, make sure to ask for a quote in writing before the job begins. This will ensure that you get an accurate estimate of the total project cost, and it’ll also help protect you from any surprises along the way.
Another important factor to consider is the contractor’s license. Some states require a contractor to have an up-to-date license before doing any construction work, so check with your state government to see what your requirements are.
Moreover, you’ll want to make sure the contractor is insured and bonded, and that they’re in good standing with the Better Business Bureau. In addition, you’ll want to review customer reviews on the contractor’s website and social media accounts.
The average cost of adding a second story is around $50,000 to $250,000, depending on the size and scope of the project. The higher end of this range is often reserved for high-end remodels that include structural changes and luxury appliances, such as granite counters.
Cost of Permits
Adding a second story to your home will increase the space you have for living, as well as the resale value of your property. It also may provide more privacy, especially if you have a master suite on the top floor.
However, it’s important to note that a second story addition requires permits from your local government before construction can begin. If you attempt to build your home without a permit, you can face fines and other legal issues.
The cost of a permit will vary depending on the size and complexity of your project, as well as your local government’s regulations and requirements. Typically, the average permit fee for a new construction or renovation project is $3 to $21 per $1,000 of the total cost.
Some areas require a planning permit, which costs $20 to $90, before applying for a building permit. The building permit covers all the work you plan to do on your project, from plumbing, electrical and fire suppression systems to alterations or additions to existing structures.
Another common type of permit is an HVAC permit, which costs $250 to $400 on average. This is required if you are installing an air conditioning unit or a heating unit in your home.
Window replacements are another example of a home improvement that requires a permit. Windows are required to meet energy efficiency and safety standards, so it’s important to apply for a permit before replacing them.
In most jurisdictions, homeowners can get a building permit “over the counter” for simple projects, but large-scale remodeling or other complex renovations may take up to three weeks. A professional contractor or local permit service will be able to help you expedite this process and make sure your project meets the necessary code.
Whether or not you need a permit for your second story remodel can be a complicated question, but it’s best to consult an experienced local contractor and architect about your specific needs. A good contractor will be able to explain your options and how much they would cost.
Fortunately, many permits can be applied for online or over the phone and processed, tracked, extended, and have virtual reviews or inspections scheduled. These online services save time, money, and hassle for many homeowners. Using a permit service to handle the paperwork for you can be helpful, but you should always ask about their fees and terms before hiring one.
Cost of Foundation Work
If you’re interested in adding a second story to your home, it’s important to consider the cost of foundation work. Several factors influence the cost of the project, including the type of foundation, its location, and the size of the home.
Most foundations are made of poured concrete. This is one of the cheapest types of foundations to build, and it doesn’t require deep excavation. However, these structures can be susceptible to moisture issues, particularly if they’re built on clay soils.
Another common type of foundation is a monolithic slab. This type of concrete slab is poured once and is thicker around the perimeter than in the center. It’s a good choice for houses with small yards or those that don’t have too much soil on the property.
The other main option is a pier and beam foundation. This structure consists of large concrete piers that extend under the house and beams that support it. These foundations are more difficult to build than a solid concrete slab, but they can be a great choice for homes with poor ground conditions.
If your home’s foundation isn’t strong enough to support a second story, you’ll have to hire a structural engineer and reinforce it with steel or piers. This work can add between $5,000 and $25,000 to the foundation project cost.
Other foundation repair costs include repairing cracks in the floor and walls of your home. These are primarily caused by foundation sinking or too much pressure on the foundation from surrounding soil. Contractors can fix small cracks with epoxy or polyurethane foam, but larger ones can damage the floor or wall and need to be repaired by a professional.
These repairs can range from $250 to $800, depending on the severity of the crack. You can also have your foundation waterproofed and coated with a protective material to prevent future problems.
Some homes may need to be raised to make room for a second story, and this can be an expensive process. The average cost for raising a home is between $10,000 and $15,000, and you may need to do some excavation in order to raise the home.