19 Feb Add value to your home with a loft conversion
We’ve had experience in the loft conversion industry for over 40 years, so our family business is considered by many as the authority on loft conversions.
As such, we’re fully qualified to explain to you the benefits of converting your loft.
Many people may not realise that converting a loft can actually add a great deal of value to a property.
According to an article in the Guardian, over a third of valuers (35%) said that although painting and decorating makes a home seem more appealing, it adds little or no actual value.
Experts say that a loft conversion is the best way to add value to a home, and could increase the value of a property by an average of £20,876, at a cost of about £10,000.
After loft conversions, room extensions are said to add an average value of £16,069; a sum not to be sniffed at!
And it’s not just the conversion experts who recommend converting your loft – the National Association of Estate Agents has reported that more than 40% of its members believe that creating additional living space is the best way to increase a property’s value.
If you’re rapidly running out of room for your little ones, it’s far cheaper to add space rather than incur expensive moving costs. What’s more, adding space to the loft saves having to go through the hassle and stress of packing up all of your belongings and relocating elsewhere.
Perhaps your youngsters are reaching the age where it’s just too cramped for them to share a bedroom but instead of worrying about what you’re going to do, consider how much unused space you have in your loft.
If you’re not using it to its best advantage, contact Econoloft to see how we can help you.
You could consider converting your loft in to a master bedroom for you and your partner. Let your kids fight over who gets your old room. If there’s enough space left over in the loft, you might even be able to have an en-suite. Imagine that – no more squabbling over whose turn it is to use the bathroom, and you and your partner would have some secluded, private space in which to relax.
The Independent features some impressive statistics from Nationwide, where it found that building an extension or loft conversion to create a double bedroom and en-suite bathroom could add 23 per cent to the value of an average three-bedroom house.
Choosing to improve rather than move works out cheaper in the long run, plus you’ll get the added bonus of being able to stay in the beautiful family home you’ve brought your kids up in.
And if you do decide to put your house up for sale, you’ll get a much higher price for it, thanks to the additional living space you’ve created from converting your loft.
Before you start to don your overalls however, you’ll need to be aware of the regulations regarding loft conversions.
Under the majority of circumstances, planning permission is not normally required for a loft conversion. That said, permission is required if you intend to extend or alter the roof space and if it exceeds specified limits and conditions.
Loft conversions are considered permissible without the need for planning permission as long as the following limits and conditions are met:
– Volume allowance of 40 cubic metres additional roof space for terraced houses
– Volume allowance of 50 cubic metres additional roof space for detached and semi-detached houses
– No extension to be higher than the highest part of the roof
– Materials to be similar in appearance to the existing house
– No verandas, balconies or raised platforms
– Any window opening to be 1.7m above the floor
Master bedrooms and en-suites tend to be the most popular loft conversions, but in reality, you could convert your loft any way you want. Take a look at some of our previous work for inspiration.
If you’d like more information or have any queries regarding loft conversion, pick up the phone and talk to our experts now. You can book your FREE estimate on FREEPHONE 0800269765 or fill in a call back form and we will contact you when it’s convenient.