2015 National Remodeling Averages Cost vs. Value Report from Remodeling Magazine. These building costs were factored for a 24' x 16' two story addition built over a crawl space.
The first floor being a family room, with the second floor being a bedroom with a full bathroom. (See Master Suite Addition Plans). The contractors we spoke with agree that the need to reconfigure or remodel the first floor to accommodate the second.
How Much Does It Cost to Add a Second Story? The cost to add a second story ranges from $100,000 to $250,000, though many homeowners spend about $175,000 to gain some much. Learn how much it costs to add a second story, including square foot pricing, build types, cost-saving tips, and regional factors. The average cost to add a second story falls between $100,000 and $250,000.
Most homeowners spend an average of $175,000, with some projects costing up to $600,000, depending on the scope and finishes. The addition size, material requirements, quality of finishings, permits, and cost of temporary housing all impact the total price. Expect to reinforce, repair, or even replace the foundation so.
In the end, a second story is a popular type of home addition, but calculating how much it costs comes down to size, design styles and the current structural strength of your home. The average cost to add a second story is $200 to $500 per square foot for materials and labor. A full second floor addition costs $200,000 to $750,000+.
Calculate the cost of adding a second floor to your home based on square footage, finishes, and structural upgrades to help plan major home expansions. Highlights Choosing to convert a vaulted ceiling or just add a dormer can save you $550,000+ instead of adding a full second story. Any second-story addition you make will require the cost of general contractors, permits, and demolition.
Depending on your home, you may also need to reinforce your foundation, which could cost about $5,000 or more. On average, adding a second story ranges from $70,000 to $650,000+ to build, while a partial second-story addition costs around $255,000. Every home project is different and unique, and costs depend on many factors such as size, location, and complexity.