Over time, families change in several ways, from size and makeup to daily routines, habits, and overall lifestyle. In order for you to continue living comfortably in your Sarasota home, you have to ensure it evolves alongside you. Sometimes that means expanding the space.
For example, you may otherwise love your home, but it simply doesn’t have the square footage—or the right type of space—to accommodate your family as a whole, as well as the needs of individual members. Fortunately, you don’t have to move to solve the problem. Expanding your home in West Florida or adding on a whole new room is an effective way to enhance the value and function of your property.
Home Addition Cost Estimates in Sarasota
Home additions come in many forms. Some involve bumping out an existing space, such as your kitchen, master bedroom, or bathroom. Building on some extra square footage enables you to change the layout and add new features and fixtures to expand the function of a given room. Other projects revolve around building a new upstairs or downstairs room at your Sarasota home. You may want to add a home office to accommodate remote work, an extra bedroom or sunroom, or a specialty room, like a conservatory, home theater, or in-house bar.
Different types of home additions require different levels of investment. In general, the average home addition in Sarasota is about $85,000 for labor and materials.
However, the cost of your expansion or addition depends on various factors, including the square footage and type of space being created and the topography of your property. Kitchens and bathrooms tend to be more costly investments because they involve large fixtures and appliances, as well as reworking plumbing and electrical lines. Your bathroom addition or kitchen expansion could cost about $250+ per square foot. In contrast, building a garage addition or a three-season sunroom can be as low as $100 per square foot. Additionally, the cost of your home addition or expansion will vary dramatically based on the type, quality, and grade of the materials, fixtures, and appliances you choose.
To provide you a starting point for your budget, here are the average costs for several common room additions in Florida:
- Bathrooms: Between $60,000 and $100,000
- Master Suite with Bedroom and Bathroom: $75,000 to $150,000
- Family Room or Living Room: $50,000 to $80,000
- Full/Detached In-Law Suite: $100,000+
These baseline costs for adding a room to your home in Sarasota cover labor, materials, and equipment. Other costs associated with home remodeling include permitting, inspection and cleanup fees, and local and state sales tax on materials.
Why Are Additions More Expensive than Other Remodels?
The cost to add a bathroom, bedroom, or other space to your Sarasota home is significantly higher than that of similar remodeling projects. For example, you’ll spend about $20,000 to $30,000 more for a high-end bathroom addition than you would to simply transform one of your existing bathrooms into an upscale space. The reason for this notable price differentiation is the need to build an entirely new space, which often involves excavation, foundation, and other meticulous site preparation work to maintain the structural integrity of your home in West Florida.
Expansions also tend to include adding windows and doors, roofing, support beams, and trusses, molding for the ceilings and extending your electrical, plumbing, and HVAC systems. All of these extra tasks contribute to a larger scope of work and higher project prices.
Do Home Additions in Sarasota Add Value?
It can be difficult to estimate the exact return on investment (ROI) for expanding or adding to your home in Sarasota. You can typically recoup about 50% of your costs for a kitchen or bathroom expansion in resale value, while a master suite or second-story addition has an estimated ROI of about 60% to 65%.
Your ROI is tied directly to how the addition or expansion augments the overall style and function of your home, as well as the value of your home and neighborhood comparables. In some cases, a home addition can make your home more competitive with other nearby properties. It depends on specific housing trends and market conditions when you go to sell.
More importantly, expanding the size of your home increases its lifespan and provides your family the space to grow and evolve without having to move to a new neighborhood. You can create the ideal in-law suite for your older parents or a small apartment for your live-in caretaker. You can transform your small kitchen into a spacious, luxurious environment that supports your love of cooking. You can add a bathroom that gives everyone in the household more space and privacy. Whatever your household’s needs might be, room additions or expansion can be tailored to fit, adding immensely to your comfort and quality of life.
Improving Your Home in Sarasota, Florida
As you prepare to add to your home in Sarasota or the surrounding area, it helps to know how much you want to spend on the project and what you can get for that price. Our team at Gilbert Design Build then uses your preliminary budget as a starting point to develop drawings for your home addition project and provide you guidance on your design selections. Through our design-build process and implementation of value engineering, we can collaborate with you to create a plan that meets your home improvement goals while staying within your intended budget, as well as to help you generate some ideas for rooms in your home.