A LOFT CONVERSIONS STILL TOPS THE LIST WHEN ADDING VALUE TO A PROPERTY

With spring and Bank Holidays just around the corner thousands of homeowners will start to think about DIY projects but homeowners need to turn their thoughts to bigger projects if they want to add significant value to their homes.

More than a third of estate agents and valuers say that whilst painting and decorating makes a home more appealing it actually adds no value. Still topping the list of value-adding projects are loft conversions followed by room extensions, then things such as new kitchens, bathrooms, windows etc. So why do loft conversions make such a big impact on a property’s value?

A loft conversion adds a considerable living space to an average house and unlike an extension doesn’t eat into valuable garden space but utilizes what was a wasted area of the home. A loft conversion is a blank canvas and can be used for  more or less whatever each individual family needs i.e. a new bedroom with en suite, an extra sitting room, a children’s playroom, a home cinema, an over the top wet room, a home office.

Adding an extra room to a house in an area of similar properties will certainly make it stand out and where competition is stiff give it the winning edge but experts agree that converting a loft can be more complex than it first appears and is best left to the experts. A badly executed loft conversion can actually have the opposite effect by decreasing the value of the property. 

A badly executed loft conversion can actually have the opposite effect by decreasing the value of the property.

So the best advice from estate agents is to always consult with an expert company before starting work on a loft conversion, get a free site survey and employ experts to avoid costly mistakes.