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Home Building questions, answered by experts

As long as you pull the appropriate permits to build your ADU, it will contribute to your property’s total livable square footage. This is even true for basement conversion ADUs despite the living area sitting below grade. Keep in mind that permanent improvements, especially those that add square footage, tend to increase your home value, which can affect your property taxes.

How long it takes to build an in-law suite will vary by type. The time it takes to build an addition will typically be less than for completely new construction. Expect to spend about two months if you convert a basement, attic, or other existing room in your home. New structures can take up to five months, plus up to two months to receive the required permits.

It’s typically more cost-effective to move a building along with its accessories than to demolish and rebuild it from scratch. However, that’s only if you can move the accessories without damaging them. However, if you plan to demolish the accessories anyway, it is advisable to do so before the move to save costs.

Major home remodeling projects have some of the highest ROI for adding value to your home. For example, adding a primary bedroom can return about 55% of the investment to build. The cost of a primary bedroom suite averages $62,000—-so the high ROI helps sweeten the deal. However, always make sure to speak with a contractor and architect before adding a new room to your home, as each space affects the layout and aesthetic of your home differently.

Modular homes can be a great investment, especially for those who find the prices of stick-built real estate too high. Modular homes are usually much more affordable because they’re mass-manufactured and then assembled on-site or delivered mostly assembled. If they’re installed properly and by professionals, they can last for between 50 and 100 years, potentially making them an outstanding investment.

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The Kendall Park, NJ homeowners’ guide to home building services

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