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.

Looking At The Costs Of A Loft Conversion London

In relation to major renovations such as extensions and conversion, many house owners can be put off since they think the price will be way beyond their budgets. However, if you shop around and are all set to be flexible and open to new ideas regarding what you need from the finished product then this can be a fallacy. Let us consider for example then the cost of a loft conversion London to see in what areas we’re able to make savings.

Following the roll out of new regulations in 2008, loft conversions are actually less expensive and simpler to undertake. The government has removed the requirement to make an application for planning permission for several types of loft conversions, that’s scaled back on the cost and overall time to deliver the project in many circumstances.

The loft conversion cost usually depends upon the kind of property to which the conversion will be added. If the house is particularly hard to convert as an example or if this is a listed building or situated in a conservation area and therefore restricted by size and the materials used then the conversion may be more expensive than on a more straightforward property.

As a rough guideline a loft conversion will set you back anything between 20,000 and 40,000 however, whenever you evaluate the extra room and value it is going to add to your property (which is anything up to 50,000) it’s going to definitely be worth the investment. Of course the price of your loft conversion London is determined by the scale, design and nature of the undertaking and whether there are actually any restrictions.

Yet another thing that may affect the cost of your loft conversion will be your pick of windows. Roof windows are generally cheaper to install compared to the equivalent dormer windows and often provide more light inside the room.

When evaluating your loft conversion cost you could be best looking online to get a perception of prices from loft conversion companies so that you can evaluate the easiest way to plan your home improvement project in order that it fits in with your budget.
When you’re considering a loft conversion London why not first check out the Econoloft site to learn more about their loft conversion cost.