A second story addition will not only give you more space but, will dramatically increase the value of your home. Have a look at some numbers about the Cost-vs-Value of a Two Story Addition project. This project may be similar to what you are considering. We understand that budget is a major factor when considering building and remodeling projects and that is why we do our best to provide our clients with as much information as possible when discussing potential projects. Our clients have found that the information provided by Remodeling Magazine’s Cost-Vs-Value Report is very helpful when considering any major investment in your home. The average cost of this project is $172,109 for our region, which is slightly higher than the National Average of $171,056.

Example Two Story Addition
Add a first-floor family room and a second-floor bedroom with full bathroom in a 24-by-16-foot two-story wing over a crawlspace. Add new HVAC system to handle addition; electrical wiring to code.

Family room: Include a prefabricated gas fireplace; 11 3-by-5-foot double-hung insulated clad-wood windows; an atrium-style exterior door; carpeted floors; painted drywall on walls and ceiling; and painted trim.

Bathroom: 5 by 8 feet. Include a one-piece fiberglass tub/shower unit; standard white toilet; wood vanity with solid-surface countertop; resilient vinyl flooring; and mirrored medicine cabinet with built-in light strip; papered walls; and painted trim; exhaust fan. Bedroom: Include walk-in closet/dressing area; carpet; painted walls, ceiling, and trim; general and spot lighting.

Each project has a brief description and cost history and there are about 30 of the most popular remodeling projects with the average cost in a specific region. Click Here to view some videos for a better understanding of Cost-vs-Value. Additionally, you can find more information about how Remodeling Magazine partners with the National Association of Realtors and Realtor Magazine to determine the value of the 30 projects covered in the report.

Here is a copy of the SEATTLE, WA Cost Vs. Value Report.