Will a loft conversion add value to my home?

Will a loft conversion add value to my home?

Often regarded as one of the most effective ways of adding value to your home, a loft conversion holds immense potential when it comes to increasing the price and aesthetics of your home.  

First and foremost, a loft conversion increases the overall total area of your home, adding valuable and useable space. This may seem unimportant at first but with the increasing property rates, nothing is more beneficial than a few square feet of extra space. 

How to go about it?

The answer to this question depends chiefly on the shape and size of your roof. Some roof types are easier to convert, thereby, bringing down the total cost of the loft conversion. Others are designed in such a way that they are very difficult or time-consuming to convert. The project costs of such loft conversions are higher and some homeowners may decide to put off the project altogether.  

What roof type is the most suitable for a loft conversion?

Roofs with gable-end walls are generally the most suitable for a loft conversion projects. The reason for this is their wall design that easily allows a loft to be built over it. Gable-end walls can easily support a number of new beams to support the additional weight. This results in an increased area and headspace after the conversion. 

What roof type is the least suitable for a loft conversion?

An intersecting pitched roof is the least suitable for a loft conversion. This is due to the lack of an adequate number of walls to support new beams, thus making it difficult to perform a loft conversion without the addition of new walls and columns. With such a roof type, a conversion is usually possible, but it comes with high costs which may not be affordable for some homeowners. 

Get A Site Survey:

The feasibility of a loft conversion can only be calculated by a professional assessment of the site. The factors, such as the total number of load-bearing walls and their condition, along with the estimated headspace available, are taken into account. It is very important to seek professional help for this step since a proper assessment is of paramount importance for your safety and the safety of your loved ones. It is also good advice to spend a small amount of money to protect your substantially larger investment in the long run. The contractors listed at our website will be more than happy to schedule a site visit and inspection before providing an estimate for the complete project. 

Check the available headspace:

If you choose to go down the professional assessment route, then you can skip this step. On the contrary, there are some pointers to help you decide whether a loft conversion is possible on your roof or not. Checking the available headspace is quite simple and quick. All you need to do is to stand exactly in the centre of your loft and then measure the headroom from there. The recommended headspace length for an ideal loft conversion is 8 feet but you can still continue the conversion project if you only have 7 feet of headspace available.

Hire A Loft Conversion Company:

The next step is to entrust your project to a reputed and experienced loft conversion specialist. This can be quite tricky, especially if it’s your first time getting a loft conversion. We have made it quite simple for you. All you need to do is to log on to our website and post your project. Within a matter of few minutes to a few hours, you will have up to 5 quotes from professional loft conversion companies. You can then get in touch with all of them and then decide to go with the quote that best suits your budget and requirements. 

Is it really worth it?

Now, to the million dollar questions. And the simple answer is “yes, it does.” Studies suggest that a loft conversion could increase your home’s total value by up to a whopping 20%. With the loft conversion costs averaging at £25,000, you are still looking for a hefty increase in your property’s value. 

It goes without saying that you open new realms of possibilities with a loft conversion. With a growing family, you might be forced to move out to accommodate the increasing space needs. A loft conversion eliminates the need for a house shift and allows you to accommodate a bigger family in the same house. Moreover, people seeking to buy new properties will often perceive a converted loft as valuable additional space that they can use for an additional room or any other house section. 

The value of a property is directly proportional to the space available. So, let’s do the math here. Which one would fetch more money? A 1500 square foot house without a converted loft or a similar home with one?  Obviously, the market favours the homes with a converted loft since it translates to additional space. For properties with a large garden, a bigger extension and be carried out, with even more benefits. This would, however, require more time and funds, along with other complications such as planning regulations and property disruption. 

A word of advice:

Converting your loft may seem like the Holy Grail for all of your problems, but it comes with its own set of hassles and problems. There is also no denying the fact that the time and funds spent on a loft conversion project provides innumerable benefits and may even be immensely profitable as an investment. 

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