A loft conversion is among the many home improvement projects that you can decide to have on your property. Whether you want to have a loft conversion for the purposes of gaining some extra space or to improve the value of your property, there are several designs that you can opt for. Regardless of how costly the loft conversion may seem, if done well, it is a suitable investment because it guarantees you value for your money.
On average, an extension is likely to improve the value of your property by at least 20%. Of course, there are several factors that are likely to impact this value. For instance, if you’re in an area like London where homes are highly-priced, then the value-added shall be significant.
According to a nationwide special report, homeowners that add a loft conversion or extension incorporating a double bedroom and a bathroom can add about 20% to the value of a three bedroom, one bathroom house.
There are other factors that you’ll have to put into consideration before commencing on your project but these are just a few of those. The other factors can include the size of your property, type of roofing, and adherence to building regulations among many others. When it comes to adding value to your home, there are several factors which will influence the property value. Some of these factors are as highlighted below: