When it comes to remodeling your home near Denver, you can’t simply focus on the added space and new design. You have to think about adding value to your home, too. Today, we’re discussing mother-in-law suites and breaking down the pros and cons of adding-on.
Pros of Adding On a Mother-In-Law Suite
1. More space for guests
When you add on a mother-in-law suite or guest house, you’ll have plenty of space for guests. If you have a multitude of visitors—like out-of-state friends and family—having the extra room, that’s separate from your actual dwelling can make overnight stays more enjoyable and comfortable for all parties.
2. Room to grow
Additionally, a mother-in-law suite will give you room to grow. If you plan on taking in an aging parent or a live-in nanny, this annex will allow them to have a private space without giving up the luxury of being close to your home.
3. Additional storage
Need a place for extra furniture? Want to store seasonal items—like ski jackets, winter wear, and beach chairs—away from the primary residence? In a mother-in-law suite, you can design extra storage spaces to stow away all of your goodies.
4. Potential rental income
Live in a particularly touristy area of Colorado? Thinking about AirBNB-ing your extra space? If your annex isn't being used by family members or guests, it can also serve as a rental property. Just make sure to check all local laws and AirBNB standards while considering this option.
Cons of Adding On a Mother-In-Law Suite
1. High utility costs
Building a mother-in-law suite can be a costly venture—and it’s not just the initial up-front costs of building the additional space. You’ll also have to consider future utility costs. In addition to heating and cooling your own home, you’ll also have to condition your mother-in-law suite.
2. Zoning and building codes
During the initial construction phase, you’ll also have to deal with your area’s local zoning laws and building codes. Thankfully, when you choose a quality home additions contractor, you can avoid a lot of the headache associated with zoning laws and building codes—as they will handle each step of the process in getting proper permits.
3. Insurance costs
Ah, insurance. Before building on an additional dwelling, you’ll need to also check your current homeowner’s insurance policy. If it does not cover accessory units, you may have to insure it separately.
4. Additional upkeep
Last, but not least, you’ll also have to consider the additional upkeep. With a mother-in-law suite, you’ll have another space that requires weekly chores—like cleaning the toilets, mopping, and dusting. Plus, you’ll have to make any necessary repairs in the long-term.
Choose H3 Construction and Design for Home Additions Near Denver, CO
Ready to add-on to your home near Denver, CO? The team at H3 Construction and Design is always ready to help you renovate, restore, and add on to create the home of your dreams at a price you can afford. We take on projects of any size and have been called one of the best home addition contractors near Denver—give us a call today at 970-515-2264 or contact us online to learn more!
Located in Loveland, CO, we also serve homeowners throughout Fort Collins, Ault, Greeley, Denver, Windsor, Boulder, Longmont, and the surrounding communities in Northern Colorado.