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Home Building questions, answered by experts

Since building up tends to provide useful bedrooms and other extra spaces without the need to do a lot of foundation work and cut into your yard, second stories tend to have better ROI—up to 65%—than other kinds of additions. But ROI will depend on the type of rooms you are planning and what your current house has. It’s not a very reliable way to judge the success or failure of a project, so consider other factors as well.

The average build timeline for a home is between six and 12 months, with timelines pushing toward the upper end of that range if you’re creating a custom design or need a lot of land preparation before getting started. Hiring a general contractor or a custom homebuilder will help speed up the process, as you’ll see fewer delays between different parts of the build process getting done.

The average guest house is between 600 and 1,500 square feet. If you are unsure of how large you should build it, a good basic rule is to have one bedroom for every two occupants, at minimum. Generally, one bedroom for every one to two people is a good ratio. 

Home additions cost between $22,000 and $84,000, with the average addition totaling $51,000. Project costs can vary greatly depending on the type of addition and the required work to complete it. Homeowners can expect to pay between $80 and $210 per square foot for an addition. Conversions of existing space will sit toward the lower end of that range, while bump-outs and new construction add-ons will push toward the higher end.

The number of rooms a guest house should have really depends on your needs. A small guest house might only need one bedroom, a bathroom, a living room, and a kitchen. Larger units may have multiple bedrooms and bathrooms. Your local building codes may limit the number of rooms or square footage you can have in a guest house.

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The Town N Country, FL homeowners’ guide to home building services

From average costs to expert advice, get all the answers you need to get your job done.