Regularly cited among the top ten ways to add value to your home, a loft conversion could be an incredibly cost effective of increasing the square footage and the resale value of your house.
In fact, a loft conversion is often cited in surveys as the best way to add value to your home. Recent research carried out by the Nationwide Building Society, which looked at homes all over the country, found that a loft conversion could add up to 20% to the value of your home. If you’re looking at a house valued at £200,000, that’s an increase of up to £40,000.
So the simple fact is that a loft conversion can actually be one of the best ways to invest in home improvements if you also have an eye towards increasing your property value. And who wouldn’t, even if they have no current plans to sell their home in the near future.
The key to making use of a loft conversion to increase the value of your home however is the quality of that conversion. Homebuyers are actually pickier than ever when shopping for a new home. It’s the reason that, as an industry, home staging has exploded across the UK.
Home shoppers now expect to see near Instagram worthy interiors when touring homes for sale, so a less than perfect loft conversion just isn’t going to get you the kinds of financial gains that you might have been hoping for.
Is a Loft Conversion a Hassle?
Although there are big benefits to be gained from commissioning a loft conversion, both in terms of the enjoyment you get out of living in it now and any possible financial benefits if and when you choose to sell, some people do worry that it is a project that is just too much of a hassle to consider undertaking. But is that really the case?
Although you should be able to remain living in your home throughout the process of your loft conversion, the fact is that there will be builders making changes within the house itself, and so will come with some measure of what could be termed hassle:
There will certainly probably be a bit of a reduction in your privacy; multiple people traipsing up your stairs several times a day or needing to be in the house for work to happen. Most good loft conversion companies, however, are very sensitive to the potential hassle work may cause to their clients and go to a great deal of effort to make sure that their presence is as unobtrusive as possible.
Much of the rest of the potential hassles involved in a loft conversion a good builder will take off your hands anyway. Figuring out if you’ll need planning permission, working those odd angles that lofts have – low eaves, a lack of light – so that the space becomes as beautiful and functional as possible, they will take care of all that. As well as one of the trickiest questions of all when it comes to loft conversions; how will you get up there from downstairs.
In fact, a loft conversion is far less hassle than the two other home improvement projects that are considered to be great for adding monetary value to your home, kitchen and bathroom remodelling.
The post Will A Loft Conversion Add Value To My Home? appeared first on ABC Lofts : The Loft Conversion Specialist | ABC Lofts | West London.
source https://www.abclofts.co.uk/will-a-loft-conversion-add-value-to-my-home/