Value – Increase the potential value of your home
Value is always a key factor in any conversation about a potential projects and loft conversions are no different. There are countless ways to add value to your home and a loft conversion is as close to a guarantee as you can get. Research conducted by Nationwide suggests that a loft conversion can add over 20% onto the value of your property, considering that your average loft conversion can cost anywhere between £20,000-£60,000 (depending on project scope and host property) it is clearly a project worth thinking about.
A potential buyer or even prospective tenant will always be looking for a property that is cut above the rest of the market and stands out. A loft conversion is the perfect way to enhance your chances of a sale or letting by showcasing the full potential of your property. A loft conversion is the perfect way to not only offer you the space you need today but also provides a valuable investment should you ever decide to sell in the future.
Energy – Increase the energy efficiency of your home
A study from TheGreenAge states that roughly 25% of the heat produced within your home will escape from your roof without proper insulation. There are many schemes and technologies available that look to reduce the impact of this such as rolled quilt insulation or more efficient boilers but to excuse the pun they simply ‘paper over the cracks.’
As part of the building process, you will be required meet the guidance within Part L of the Approved Documents to comply with the latest revision of the UK Building Regulations. Without going too deep into the technical matters this will ensure that in the winter your loft conversion stays warm and cosy and, in the summer, it doesn’t allow the heat from outside to seep in. What this means for you is less money spent heating your loft conversion and in the most extreme cases potential remove the need for expensive equipment such as air conditioning.
There is also the potential to include smart technologies in your loft conversion such as solar panels that can further reduce your energy spend by producing electricity for your home. It is also important to remember that energy costs are a key consideration for potential buyers, we have plenty of loft conversion ideas that can increase energy efficiency and therefore property value.
Space – Provide you with the space your home needs
Its always wise to save the best until last, and we didn’t want to disappoint in that matter. Space is undoubtedly the biggest advantage to a loft conversion; it is most likely the reason you have loft conversion ideas in the first place.
Outgrowing your home and needing more space is incredibly easy, whether this is because your young family is growing (or growing up), elderly family members have moved in or because you will be spending more time working from home. The factors all point to one thing – more space.
Extending out may not be possible for you or it may not offer the solutions you need in terms of the space it will provide and this is where a loft conversion can come into its element. The are extremely flexible in what they can offer you now and into the future, the nature of a modern loft conversion means that the internal partitions are unlikely to be load bearing and as such the space can be changed later is needed.
The best feature of a loft conversion is that it will usually take up dead space within your home, unlike an extension that will east into your garden space a loft conversion will take up the attic space above you which will maximise the potential of your home.