Home Addition Cost Formula:
From: | To: |
The Home Addition Cost calculation estimates the total cost of a home addition project based on square footage and the current 2025 Homeguide rate per square foot.
The calculator uses the simple formula:
Where:
Explanation: The equation multiplies the size of your addition by the current construction rate to estimate total project cost.
Details: Accurate cost estimation helps in budgeting, securing financing, and comparing contractor bids for home addition projects.
Tips: Enter the planned square footage of your addition and the current 2025 Homeguide rate per square foot for your area.
Q1: How accurate is this estimate?
A: This provides a base estimate. Actual costs may vary based on materials, labor rates, and project complexity.
Q2: Where can I find the 2025 HG Rate for my area?
A: Check the latest Homeguide publications or consult local contractors for current rates.
Q3: Does this include permits and design fees?
A: No, this calculates construction costs only. Additional fees typically add 10-20% to the total project cost.
Q4: How does location affect the rate?
A: Rates vary significantly by region due to differences in labor costs, material availability, and local building codes.
Q5: Should I add a contingency to this estimate?
A: Yes, most experts recommend adding 10-15% contingency for unexpected costs.