Adding a primary suite to your home is an investment that comes with many rewards. Whether you’re planning on selling your home in the near future or if you simply want to add value and convenience for yourself, adding a primary suite is one of the best decisions you can make.
In this blog post, we will explore five great reasons why it makes sense to add a primary suite to your Lawrenceville, GA home.
1. Increased Home Value
Adding a primary suite can help increase the value of your home’s market price. According to REALTOR® Magazine, “primary suites can give you up to an 80 percent return on investment when you sell.” In addition to added market value, adding a primary suite also offers additional living space with modern amenities, including a luxurious bathroom and a walk-in closet. Having more space in your home also means increased rental potential, resulting in income.
2. Better Privacy and Comfort
A primary suite offers added space for guests without compromising privacy at any point during their stay. An extra bedroom and bathroom allows families to spread out while still remaining close by so everyone has their own designated area within the same dwelling unit. It also gives homeowners another option when deciding whether or not they would like to set up a work-from-home office space since there’s no need for remodeling inside existing bedrooms anymore.
3. Easier Accessibility
If stairs present accessibility challenges (or if individuals within households have mobility issues), adding ground-floor suites helps eliminate these problems entirely as everything becomes accessible from one level. This means fewer trips up and down the stairs throughout daily routines and activities. Primary suites are especially beneficial if someone spends most of their time on one floor anyway due to disability or aging concerns.
4. Increased Efficiency
Creating separate living quarters helps decrease energy costs significantly because each area has its own thermostat. This means temperature settings can be adjusted according to preferences inside each respective zone. As a result, you conserve power rather than try to manage temperature regulation between two larger spaces simultaneously (e.g. main living room vs upstairs bedroom).
5. Tax Benefits
Adding a primary suite can also be financially beneficial come tax time. Homeowners may be eligible for deductions and credits related to their primary suites, such as:
- Home Office Deduction. A home office deduction may be possible with a primary suite, depending on how you use it. If your primary suite is used solely as an office space, then you may qualify for this deduction in some cases.
- Home Improvement Tax Credit. If adding a primary suite involves significant changes that add value or make your home more accessible, then you could possibly receive a tax credit from local or federal authorities to cover part of the cost associated with these improvements.
If you’re considering adding a primary suite to your home or are interested in another one of our services, like basement remodeling or home repair in Augusta, GA, get in touch with Northside Construction Services for a free consultation. We can help you determine if a primary suite is right for your home and budget and provide a custom quote for the project. We can assist with everything from design and planning to construction and completion, ensuring that your vision becomes a reality. Call us today at (404) 392-5858 to get started!