Cost Of A Loft Conversion

Another important point is will the householder get his money back by increasing the properties value?

In this article we will attempt to answer both of those questions.

Of course when trying to estimate the price of an attic conversion there are so many variables to take into account that putting a ball park figure on it is very difficult.

But we’ll give it a go anyway!

Typical Cost Of A Loft Conversion

Assuming that everything is more or less straight forward a specialist building company would probably quote around £19,000 for standard en-suite bedroom though, with extras, furnishings and finishing touches, this sum could easily double.

So, for example, if your roof space measures 4x4 meters than the a guide price for converting that loft would be £19,200 (4x4=16x1200=19,200)

Of course there are so many things to take into consideration such as structural suitability, post code, current economic climate and the cost of materials and that prices can and will vary but, for a standard attic conversion, the above formula is pretty much on the mark.

Will I Get My Money Back?

It is by no means cast in stone but, providing the project is well planned, well built and, most importantly, well designed than the cost of the loft conversion should easily be recouped in added value to the property.

Estate agents and mortgage brokers regularly say that building an attic extension is by far the best home improvement project for adding value to a property. It is important to remember that a properties value is usually defined by the number of bedrooms in the house.

By adding an extra bedroom (preferably en-suite) in the attic the homeowner is almost guaranteed to add value to the property. It is little wonder than that bedrooms are the most popular design for new attic rooms.

It is very important that the new attic room is designed to fit seamlessly into the existing design of the property. If the attic extension looks like a hurried or contrived bolt on addition than it is highly unlikely to add any value to the house.

Because of this it is important to get the staircase right and the new attic room should, from the inside of the property, look as though it was there when the house was first built.

Blanding in the new room to the existing property design will ensure that future potential purchasers will recognize the attic room as a valuable additional living space and will be more than willing to meet the cost.

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