Addition

A home addition means you’re adding extra square footage to your home. Essentially, you’re expanding your home, either upwards or outwards. And there are countless reasons why you’d want to invest in a home addition over any other kind of renovation. 

A home addition adds livable square footage to your home and is usable all year round (a porch doesn’t count). Additions usually increase the value of your home more than renovations, because you are physically making your house bigger, and everyone likes more space 

A renovation refers to updating or repairing an already-existing space and does not add square footage to your home. Turning your unfinished basement into an entertainment room or building an outdoor deck are both considered renovations. They’ll likely also increase the value of your home, but at a lesser amount than an addition.