A master
suite addition typically is about 400 square feet and includes a spacious
bedroom, with a walk-in closet, and a bathroom with a walk-in shower, separate
soaking tub, and double-sink vanity. With mid-range finishes, such as ceramic
tile and solid-surface countertops in the bathroom, a master suite costs an
average of $111,245 ($290 per square foot) and returns about 62% at resale,
according to the 2015 “Cost vs. Value Report” from “Remodeling” magazine.
An upscale
master suite addition is about 650 square feet and includes a separate sitting
area in the bedroom with custom built-ins, fireplace, and a wet bar and
refrigerator.
The bathroom
is more luxurious, too, with multiple body sprays in the shower, a separate
toilet area, a soaking tub for two, and twin sinks, each with its own vanity.
Instead of solid surfacing and ceramic, the countertops and floors are stone.
According to the “Cost vs. Value Report,” an upscale project averages $236,363
and returns 53.7% at resale.
Adding a master suite:
Adding an
addition to your house means giving up yard space, excavating, pouring a
foundation, and framing. You’ll need
zoning approval and building inspections, expanded heating and cooling systems,
and possibly an upgraded electrical panel and water heater.
If you can
take advantage of existing space, such as building over a garage or converting
an unfinished attic or basement. You can increase your return, because you don’t have to build a
foundation, exterior walls, or a roof, you’ll save 20% to 60% compared with a
full-scale addition.
Master suite essentials:
A Large
shower: An enclosure of 4ft by 6ft is ideal for two. It should have a bench and
a few body sprays at different heights. In addition to the shower, possibly
consider a large whirlpool or deep soaking tub.
His and hers
grooming stations: Each with sink, mirror, and counter space.
Radiant
floor heating in the bathroom is an efficient way to heat the space, and you’ll
never have to put your bare feet down on a cold surface.
Big walk-in
closet: Make it at least 7ft by 10ft. You will want built-in organizers with
well-designed compartments for easy access to your wardrobe.
Private
patio or balcony: A secluded outdoor room off your master suite.
Sitting area
with fireplace
Lighting:
A master suite needs plenty of
light, such as recessed ceiling fixtures. Install multiple fixtures to provide
good overall lighting and dimmer switches for ambiance.
View: Give
your master suite addition the best view through the biggest windows.
The return on a master suite:
The return
on a master suite addition depends more on how it compares with other houses on
the block. If master suites additions are common in your area, then you’ll
recoup more.
But turning
a profit shouldn’t be your motivation for adding a master suite, or for doing
any large home improvement. If you plan to stay in your house for another three
to five years, adding a private oasis could just be priceless.
To
find out more about how we help you keep your home beautiful and complete the
project of your dreams, please visit our website:
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