When a family outgrows a house, the instinct is to look at listings. Before you do, it is worth pricing the alternative honestly, because the cost of moving is consistently underestimated and the cost of building is consistently overestimated.
The costs of moving people forget
- Real estate commission on the sale, which is typically the largest single transaction cost.
- Closing costs and title work on both the sale and the purchase.
- Moving costs, temporary storage and the inevitable spend on the new house in the first year.
- Property tax reassessment. In Florida, Save Our Homes benefits are portable but capped, and a move commonly increases the annual tax bill.
When an addition makes more sense
- You like the location, the schools and the neighbours. Location is the one thing a renovation cannot change and a move always does.
- The lot has room and the setbacks allow it. This is the first thing to check, before anything else.
- The existing structure is sound. Adding to a well-built house is far more economical than adding to one that needs remediation first.
When moving makes more sense
- The lot cannot accommodate the space you need within setback and coverage rules.
- You would be improving well beyond the ceiling for your street, where you are unlikely to recover the investment.
- Your needs are about location rather than square footage.
Related services
Frequently Asked Questions
Does an addition increase property taxes?
Adding conditioned square footage generally increases assessed value. It is worth asking the county property appraiser what to expect.
Can I add a second storey to a South Florida home?
Sometimes. It depends on the existing foundation and structure, and it requires engineering assessment before anything is promised.
How do I know if my lot has room?
Setbacks, lot coverage limits and any HOA rules determine this. We can review it with you early, before design costs are incurred.
More guides for South Florida homeowners
- Do You Need a Permit for a Home Addition in Cooper City?
- How Long Does a Home Renovation Take in South Florida?
- Financing a Home Renovation in Florida: Options and What to Watch For
Planning a project in Cooper City or anywhere in South Florida? A. Luzon Construction is licensed, insured and CRC-certified (CRC1334726). Call (954) 833-7933 for a free, detailed estimate, or book a consultation online.
Ready to start your project?
Free, detailed estimates across Cooper City and South Florida. Licensed, insured and CRC-certified (CRC1334726).