The Cost of New Construction vs. Home Additions in Franklin

When planning a home project in Franklin, TN, one of the first questions homeowners ask is: “What’s the cost per square foot?” Understanding these numbers is crucial for making the best financial decision—whether you’re building from the ground up or adding onto your existing home.

Cost of New Construction in Franklin

In today’s market, the cost of new construction in Franklin, TN typically ranges between $250 to $350 per square foot. Several factors influence where your project will land within this range:

• Custom design vs. standard layout

• Material selections (luxury finishes vs. mid-range)

• Lot preparation (grading, foundation, utilities)

• Labor and permitting costs

While new construction offers a completely fresh start, it can also come with a higher upfront investment, making it important to weigh the long-term value against your goals.

The Value of Home Additions in Franklin

For many families, adding onto an existing home is the smarter financial move. Most home additions in Franklin cost less than $300 per square foot—often well below the cost of building new.

Common additions include:

• Master suite expansions

• Kitchen extensions

• Bonus rooms and finished basements

• Garage or outdoor living spaces

Not only do additions cost less, but they also tend to provide an excellent return on investment (ROI) in the Franklin real estate market. In fact, many additions deliver close to or even a full return at resale, making them one of the most value-packed improvements you can make.

Why Additions Often Make More Sense

1. Lower Cost Per Square FootAt under $300 per sq. ft., additions are more budget-friendly than new construction.

2. Full ROI PotentialIn Franklin’s growing housing market, buyers value upgraded kitchens, bathrooms, and extra square footage—meaning your investment pays you back.

3. Stay in the Neighborhood You LoveInstead of moving, an addition lets you expand your living space while staying rooted in the Franklin or Nashville community you already enjoy.

Work With a Trusted General Contractor Franklin TN

Whether you’re exploring new construction or home additions, choosing the right contractor makes all the difference. As a trusted general contractor in Franklin TN, Southern Tradesman Co. provides homeowners with transparent pricing, quality craftsmanship, and reliable project management.

Our team has years of experience handling kitchen remodeling, bathroom upgrades, whole-home renovations, and additions that deliver maximum value for every dollar invested.

Final Thoughts

• New construction in Franklin, TN: $250–$350 per square foot

• Home additions in Franklin: usually under $300 per square foot

• ROI: Additions in Franklin often deliver a full return on investment

If you’re considering upgrading your home, additions provide both affordability and value—allowing you to enjoy your dream space today and recoup your investment tomorrow.

📞 Ready to start planning your project? Contact Southern Tradesman Co. today at 615-445-0484 or visit southerntradesmanco.com to schedule a consultation.