There are a number of reasons why people choose to build a loft conversion in their home. It can be to create extra storage, or to build a new living space for a growing family. Whatever the reason, there is one common factor that benefits everyone – the value a loft conversion adds to your home.
So how does this happen and what sort of extra value can a loft conversion add to your home? Read on to find out more.
How much value can a loft conversion add?
According to a study by the Nationwide Building Society a loft conversion can add 20% extra value to your home. In terms of monetary value, this equates to an average of around £42,000 on top of your property’s current market rate. This is fantastic news for anyone who is planning to sell their house soon, or have designs on doing so in the future.
Loft conversion guidelines
Knowing how much extra value you can add to your property is one thing, but understanding which type of loft conversion to build is equally – if not more – important. Generally loft conversions do not require planning permission which means they can be built relatively quickly, usually between 4-6 weeks.
As they fall under the Permitted Development category, dormer loft conversions and hip-to-gable loft conversions tend to be the most popular choice. The staircase is a crucial factor too, and while loft regulations state a maximum of 16 steps, usually 13 are sufficient. There are also building regulation and fire safety rules to adhere to, but a professional loft conversion company like The Loft Consultancy can provide detailed guidance on all this and more.
How to make the most of your loft
There are plenty of design ideas available online to help you get the most out of your new loft conversion. You can even talk to friends and neighbours to see what they have done with theirs. What you should never lose sight of is the sole purpose of a loft conversion is to create new space, so do not make too many compromises if possible.
You may have a clear idea of what you want to use the space for already. Or, you might be waiting for inspiration once you can see the new space laid out before you. Either way you’ll enjoy plenty of new natural sunlight in the loft and a wonderful new view of your surrounding neighbourhood.