Typically, a home is raised so that the foundation can be repaired or installed. But, there are a number of other reasons to raise a home. Homeowners are now turning to home raising as a way to increase their square footage and increase the value of their property. With the home raised a basement or crawlspace can be converted into new livable area. Home raising is the most efficient way to add value and space to a home; and to add rentable bedrooms and bathrooms to the property. Raising a home can also protect the property from flood damage or be used to create more parking and storage space.