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“Room in the roof” increases the profitability of your homes by:
- Reducing the overall per square foot construction cost by 9%*.
- Making higher margin dollars on additional space.
- Efficiently using land to build up, not out.
- Increasing the home appraisal values - finished attics and bonus rooms typically appraise at 100% of the value of the rest of the house while basements typically appraise only 40-70%.
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*20x20 third floor
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Existing home
2,400 sq ft @ $70 per sq ft
Cost = $168,000
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Attic truss premium = $800
Plus additional lumber,
supplies and labor
400 sq ft cost = $25 per sq ft
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With "room in the roof"
2,400 sq ft @ $70 per sq ft
Cost = $168,000
400 sq ft @ $25 per sq ft
Cost = $10,000
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Total cost = $178,000
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