Renovating and making additions to your home may seem like a costly, time-consuming venture. With the right strategy and mindset, however, your vision can transform your home into the place you’ve always wanted. Read below to find out the advantages of building up or building out, both of which can add significant value to your home. More Space Oftentimes, homeowners are motivated by the need for more room in their homes. Whether it’s a growing family or a long overdue renovation to a cramped kitchen, your desire for a larger home is valid. Your opportunities are endless — a guest bedroom, another bathroom, a larger garage, etc. Simply adding three or four feet to your kitchen or living room can be the difference between claustrophobia and comfort. In addition, if you’re an empty-nester with college kids or you’re trying to find a home for your elderly parents, adding more rooms to your home can offer space for other loved ones to permanently stay with you. Rent it Out Not only can additions make your home more valuable if you decide to sell it, but you can earn money for your extra space by renting it out. In this manner, you...