Move Home or Build A Loft Conversion?
It used to be a no-brainer. A growing family? Need room for a home business? What do you do?
Move. Simple.
Once your house becomes too small for your family or activities, simply sell it and buy a bigger property.
Like I said. It used to be a no-brainer.
Not any more.
Moving home is now a very expensive business. According to figures released by a building society in July 2006, taking into account legal fees, surveys, estate agents commission, removals, stamp duty and the 1001 other expenses you have – the average cost of moving home is around £12,500.
Add to those expenses the substantially higher cost of trading up from, for example, a three-bedroom to a four-bedroom house (around £30,000) it is easier to see why many home-owners are now deciding to stay put and extend their current property. And the best way to do that is to convert the loft.
A loft conversion is the best way to make use of what used to be wasted space in your home – and it can add considerably to the value of your property.
By building a loft conversion not only can a home-owner increase the living space in his property but he can also add up to 20% to the value of that property.
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