The cost of a home addition in Minneapolis is variable depending on the project’s specifications. On average, home additions in Minneapolis range from $75-$600 per square foot, from the most basic additions to complex second-story or full-suite add-on projects.
Keep reading to learn what variables will affect the cost of your next home addition in Minneapolis. Alternatively, for the most accurate estimate, contact us today and schedule a free consultation!
Breakdown Of Home Addition Cost In Minneapolis
Level | Examples of Home Additions | Cost Range (per sq. ft.) |
Decks | – Small deck or patio | $75 – $150 |
Additions | – Kitchen Expansion
– Master suite addition – Family room addition – Full second level – In-law suite with full amenities – Sunroom |
$400 – $600+ |
*Figures represented in the table above are for education purposes only and do not represent an accurate final cost for your home addition*
Considerations for Home Additions In Minneapolis
When planning your home addition, keep these considerations in mind as they will greatly affect the final cost of your addition.
Square Footage: How many square feet are you adding on?
Structural Changes: How much of the existing structure do we have to change?
Direction of Addition: Are we going up (adding another level), or are we going out the back/side of the house?
Cost Drivers:
- Do you need new siding?
- Do you need a new roof?
- Do you want a full basement under the addition?
- How difficult is it to get plumbing, electrical, and heating to where it needs to go?
- Are there city zoning and ordinances that make it more difficult?
- What parts of your house have to be brought up to code?
Will An Addition Increase The Value Of My Home in Minneapolis?
Yes, a home addition will increase the overall value of your home, leading to a higher resale value. This is because additions add extra square footage and amenities that did not exist before. According to regional data of the West North Central of the United States, the average home addition recouped 20-50% of its value back towards resale.
Addition Type | AVG Job Cost | AVG Cost Recouped |
Deck Addition (Wood) | $16,986 | 48% |
Deck Addition (Composite) | $24,760 | 38% |
Bathroom Addition (Mid Range) | $58,189 | 27.6% |
Primary Suite Addition (Mid Range) | $160,275 | 26.4% |
Bathroom Addition (Upscale) | $106,521 | 23.0% |
Primary Suite Addition (Upscale | $330,246 | 20.0% |
*All figures in the table above are pulled from Remodeling by JLC 2023 Cost Vs Value Report West North Central and are for educational purposes only.*
Is It Cheaper To Build Up Or Out?
Building out is generally cheaper than building up due to the complexities involved in adding additional square footage on the second level.
Building Out: Expanding Horizontally
Building out typically involves extending the footprint of your home into the surrounding yard or property space. This method is generally cheaper than building up for several reasons:
- Foundation Work: Building out allows you to use a simpler foundation. Adding a slab-on-grade or crawl space foundation is less expensive and complex than reinforcing an existing foundation to support additional weight from a second story.
- Structural Changes: When you build out, there are fewer structural changes needed to the existing home. The roofline can be extended, and the existing walls do not usually need significant reinforcement.
- Accessibility: Adding a ground-level addition does not require additional staircases, which can save space within the home.
Building Up: Adding a Second Story
While building up can save yard space and may be necessary in areas with limited lot size, it tends to be more expensive due to several factors:
- Foundation Reinforcement: The existing foundation must be evaluated and often reinforced to support the additional weight of a second story. This process can be complex and costly.
- Structural Reinforcement: Walls and other structural elements may need to be strengthened to ensure the home can safely support the new upper level. This can involve significant labor and materials.
- Roof and Ceiling Work: Building up typically involves removing and replacing the existing roof, which adds to the cost. Additionally, the new floor and ceiling between the levels must be constructed.
- Staircases: Adding a staircase requires careful planning to ensure it integrates well with the existing layout. This can take up valuable square footage.
- Zoning and Permits: Some areas have zoning laws and building codes that complicate vertical expansions. Navigating these regulations can be time-consuming and expensive.
Cost Comparison
While the exact costs can vary significantly based on location, design, and specific project requirements, general estimates suggest:
- Building Out: Costs typically range from $400 to $600 per square foot. This can increase if you opt for high-end finishes or encounter site-specific challenges.
- Building Up: Costs can range from $400 to $600+ per square foot, depending on finding a unforeseen need for more extensive structural modifications, foundation work, and potentially more complex permitting processes.
Take Away
The cost of a home addition in Minneapolis varies depending on the size and specifications of your particular project. On average, the cost ranges from $75 to $600+ per square foot.
For the most accurate estimate of what your home addition will cost you, reach out to Stonehearth today!