Feeling crowded in your small home? Dying to do something with that unfinished portion of your basement? A home addition may be right for you. Since this is often a much larger project than a simple remodel, you’ll want to start with a range of costs.
Most people don’t have enough cash sitting around to pay for a major home addition or remodel — although that’s probably the best way to finance such a project — so they need to study the options available in home renovation loans.