Can Loft Conversions Add Value to My Home?

First of all, how much value does a loft conversion add to your home? The answer is a fair amount. As a rule of thumb, a well-built and well-structured loft conversion can increase the value of your home by 10–20% (Nationwide). They can add even more value to houses with limited spaces. For instance, a loft conversion will add more value to a house in London or another city centre.

If you don’t have enough space or want to add more rooms, it could be tempting to just pack up and move to a bigger place. But moving to a new house can be a big change that stresses you and your family out—not even counting the costs of trying to sell and buy a house in a market that’s unpredictable.

It’s not necessary to buy a larger house. You can make good use of the space you have and start building a loft conversion. By adding it, you can increase the number of rooms in your current home, which will solve your space problem and add value without the stress and cost of moving.

A loft conversion can give you extra space for a living area that you can use. This can even make small houses more comfortable to live in and more appealing to buyers in the future. That means if you add a loft conversion, it could even raise the value of your home, so you’ll get your money back when you sell it.

Furthermore, converting a loft is among the most affordable ways to raise the value of a home. This is because they are less expensive and less disruptive than other major renovations, like extensions. For some types of loft conversions, you might not even need a planning permit from the city. But of course, you’ll need to think about whether your house is right for a loft conversion and how much it will cost.

Another thing to think about is how a loft conversion can make your home more eco-friendly by maximising the space and using much less energy. Going green can add another 5% to the value of your home. By focusing on energy efficiency, you may see your EPC rating go up, which will help to keep your bills low and your home’s value high when you go to sell it.

How do I know if a loft conversion adds value to my home?

Before you spend money on design or building work for a loft conversion, you need to figure out if it will add value to your home. You should think about whether or not your house is a good fit for a loft conversion, though most houses (even terraced ones) can use the extra space.

But you need to know how your loft is built so you can figure out if the changes you want to make will be worth it. For example, your loft must stay within the height limits set by The Planning Portal, among other things for safety. A converted loft with a low ceiling can only be used for storage, not as a place to live. A boarded-up loft that is solely used for storage will not make your house worth much more.

When making your budget, think about how much it costs on average to do things like prepare the existing loft for conversion, rewire if necessary, set up access, and put in flooring and roof windows. Encompass can help you get the best bang for your buck.

Although a loft conversion requires a lot of planning and preparation, it has the potential to be one of the most beneficial major home improvements in terms of disruption and cost. If you can learn to see what’s up there and unlock its potential, you might even come out on top when it’s time to sell your property.

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