Looking to maximize your home’s value? Whether you’re planning to list over the next few years or are simply thinking ahead, building an in-law suite can be a critical way to elevate your home’s worth. Wondering whether this type of addition is right for you? Keep reading for everything you should know about adding an in-law suite to your home today.

#1 The Ins And Outs

An in-law suite is a separate living area within or attached to a home, designed for extended family members or out-of-town guests. It often includes a bedroom, bathroom, kitchenette, and sometimes even a living area. The suite can be located in various parts of the home, such as in the basement, garage, addition, or detached structure.

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#2 Planning Considerations

Check local zoning regulations to ensure that adding an in-law suite is permitted in your area, and obtain the necessary permits before starting construction. This might include permits for electrical, plumbing, and structural work. While a kitchenette and full bathroom are essential for the suite to be self-contained, costs can vary widely depending on the scope of the project. For a basic in-law suite, you can expect to spend anywhere from $40,000 to $125,000 or more.

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#3 Building The Suite

Although you’ll at least want to hire a reputable general contractor who has experience with in-law suites or similar projects, depending on the complexities involved, you may need electricians, plumbers, and HVAC specialists, too. Ultimately, this type of project can take anywhere from a few months to a year, depending on the size and intricacies of the suite.

#4 The Value Created

On average, an in-law suite can increase your home’s value by 20% to 30%, depending on where you live and the quality of the addition. Another upside? If permitted by local laws, you can rent out your suite, providing a source of income that also makes your property more attractive to buyers. Beyond enhancing your home’s market value, properties with in-law suites often stand out from the pack, offering a unique feature that can help sell the home faster when the time comes.

#5 Future Implications

Before you take any first steps, it’s important to decide whether the primary purpose of the suite is for resale value or personal use. This can influence design choices, from the level of luxury to the finishes you choose.

At the end of the day, building an in-law suite can be a worthwhile investment, arming you with additional living space, heightened flexibility, and the possibility to increase the value of your home. Of course, careful planning, understanding local regulations, and choosing the right layout are key to ensuring the suite you design reflects your distinct needs and goals.

Still have questions? Reach us at 202.280.2060 or send us a note at jsmira@jennsmira.com today!