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Page 3<br />

A family room is one of the most<br />

straightforward additions you can<br />

build with a relatively large payback<br />

- and it’ll completely transform your<br />

home.<br />

Of all the additions you can put on a<br />

home — from a master bathroom to a<br />

mudroom to a laundry room — a family<br />

room may provide the biggest bang for<br />

the buck. In part that’s because the job<br />

doesn’t include any pricy plumbing<br />

fixtures, stone surfaces, or major<br />

appliances, so the costs are comparatively<br />

low per square foot.<br />

The classic scenario that calls for a family<br />

room addition is a house with a small- or<br />

medium-sized kitchen that’s segregated<br />

from formal living and dining rooms by<br />

interior walls. But there are often lowercost<br />

alternatives: You may be able to<br />

avoid a full addition project by simply<br />

knocking down some interior walls<br />

($2,000 to $8,000 per wall, depending on<br />

whether it’s bearing or contains plumbing<br />

and electrical supply lines)—as long as<br />

Evaluate Your House For A Family Room Addition<br />

This complete remodel combines three small rooms, for the ultimate use<br />

of space for everyday functionality as well as holiday entertaining.<br />

you’re willing to turn those formal spaces<br />

into everyday rooms.<br />

Or, if that’s not feasible, because of<br />

stairways or other complications, the<br />

family room doesn’t have to be adjacent to<br />

the kitchen. You may be able to create the<br />

space by finishing the basement or using a<br />

spare bedroom or a bonus room over the<br />

garage. “Those are far more cost-effective<br />

ways to get your family room,” says<br />

Missoula, Mont., appraiser Bryan<br />

Flaherty.<br />

Still, even in this market, Flaherty says an<br />

addition may be worth the investment. If<br />

family rooms are common among similar<br />

houses in your neighborhood, the house<br />

doesn’t have other major salability<br />

drawbacks, and you’re not selling for<br />

three to five years, it’s a fairly safe<br />

investment. “After all, even if you only<br />

get half the cost back when you sell, that<br />

means you’re getting all those years to<br />

enjoy the room for 50 cents on the dollar,”<br />

Flaherty says.<br />

Home Remodeling Return On Investment Chart<br />

Kentucky - Tennessee - Indiana Area<br />

After<br />

Design decisions<br />

Since the goal of a family room is to<br />

provide an open, useful gathering space,<br />

this is not a project that calls for too many<br />

bells and whistles. Still, there are a few<br />

design strategies to keep in mind, says<br />

Matt Davitt, a design/build contractor in<br />

West Kingston, R.I.<br />

“We like to put in a lot of glass,” he says,<br />

“with numerous windows, French doors,<br />

and a patio space right outside for indooroutdoor<br />

entertaining.” Cathedral ceilings<br />

are also popular because they provide a<br />

feeling of spaciousness. Other top features<br />

include gas-burning fireplaces and flat<br />

screen televisions with ceiling-mounted<br />

speakers.<br />

Written By: Oliver Marks<br />

Article Continued on Page 5<br />

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