10 Steps Planning Your House Addition or Renovation

In this video I walk you through the 10 major phases of planning to build an addition on your house. Step 1 - Why are you considering building - 0:25 Step 2 - Recouping Value - 1:36 Step 3 - Paying for it - 4:39 Step 4 - Labor - 5:49 Step 5 - Design - 7:06 Step 6 - Legal - 8:50 Step 7 - Site Planning - 9:20 Step 8 - The Existing House - 11:46 Step 9 - Draw it out - 15:03 Step 10 - Super Structure - 18:38 1. Planning your addition Part 1 - Why add on? Make a List from each family member Major Problems Needs Wants Prioritize the list Define the solutions next to each problem Think about this list in terms of Going Forward Ask around, feedback of friends and family Part 2 - Recouping Value Should you Move or Improve How much to improve Don't improve more than neighboring houses Try not to spend more than 20% above the value of your house If no one else is improving? don't. Don't make it to customized (re-sale) Remember capital gains (keep receipts) Consider Room Cost / Value #garage - 30% back Leisure - 100% back Bathroom 40% back Kitchens - 120% back Create dual use rooms (bed, office, living room) Part 3 - Paying for it Costs Get a lot of Quotes Financing HELOC, or Loan 2nd mortgage Refinance Read more in the book Part 4 - The labor Do I really want to do it? Am I and able to do it successfully? Do I have the time? Do I have the tools Can I save enough money to justify doing it? How will this affect my household, family role Is there some other benefit to me doing it Part 5 - Design Architects Engineers Mech Elec Civil Specialists Interior Kitchen and Bath Landscape Design-Builders Part 6 - Legal Local zoning don't give up variances The house Part 7 - Site Planning sun wind cars and neighbors Slopes Existing site features water sewer well heads septic systems buried lines elec tele gas paved areas Expensive areas to destroy Part 8 - The existing house Internal Flow Where key rooms are that can't change bathrooms kitchens laundry rooms that can? Where can you add on? Bearing walls? Additions without breaking ground Bump outs attic space adding dormers along knee walls covert #garage space convert basement space Adding a story Part 9 - Drawing it out Document the existing house measure draw Plan your rooms Home office New Bathroom Kitchen Bedroom Part 10 - SuperStructure Foundation Loads