If the cost of the addition is greater than the value it adds to the home you must determine whether you really want to move forward or if you should just move into a 3 bedroom.
Now if the cost of the addition is less than the value it adds to the home you certainly would have a good investment but only you can determine whether it is worth the time and money you invest into the project. What I mean is if you spend $30,000 to add the addition and plan to move in less than a year was it worth the investment if you only increased the value of the home by $32,000 or would $30,000 have been better invested somewhere else?
Now, Iâ€™m not trying to encourage or discourage you either way but it is a pretty big decision if your intention is investment purposes. Now if you just love your home and plan to be there for many, many years maybe resale value is not on the front burner.
My advice is collect all the information and quotes you can and make the decision with everyone the decision affects.
I hope that this helps out and good luck and best wishes.
Century 21, REALTORÂ®