This is one of the questions we are frequently asked as the leading loft conversion specialists across Preston, here at Pinnacle Loft Conversions. And the answer is not as easy as you might think, as this will depend on a range of factors. But we have produced this guide to provide a breakdown to the value add you could potentially expect from a professional, high quality loft conversion.
What are the aspects that impact the value add of a loft conversion?
There are a number of factors that can influence the amount of value that your loft conversion could add. These include:
- The size of the space- if your loft conversion is only a small space, with no increase in head height, you will see less value added to the property than if this loft conversion was a full dormer or mansard conversion.
- The purpose of the space- if your loft conversion is fully in line with fire safety standards, and is designed for safe use as a bedroom, you can add more vale to your home than you would if you converted for a living space or a home office. This is because a three or four bedroom property will also be worth more than the one below. an extra bathroom can also be a good quality value add, buy why not opt for a full bedroom with en-suite if you have the space? And really maximize the potential return.
- The quality of the loft conversion- the quality and finish of the loft conversion, and the interior decor can play an important role. This includes the heating and electrical facilities in the room. The better quality finish, the more return on your investment.
So, how much value can a loft conversion add?
Nationwide released data which revealed that, on average, a loft conversion adds 21% of the original house price to the property! There is always he potential for this to be higher too, depending on your property.
To create a visually stunning and a practical loft conversion, get in touch with the team today, here at Pinnacle Loft Conversions.