A loft conversion is one of the most preferred methods of adding space to a home. It comes in handy if you wish to add space on the property but you are certainly not thinking of adding it on the ground floor for some reasons. As a result, it is an easier way to move your house without necessarily moving out.
The need to move into a new house is really expensive, so home extensions become a better option. The reason why new buildings have a higher property value than the older ones is that renovation or the brand new state of a house makes it look durable to buyers than the older ones.
Loft conversions tend to attract buyers if, by any chance, you decided to sell your house at a later date. The whole process of conversion is a financial investment. For instance, a new staircase needs to be added to lead to the new space made from the loft and this requires significant capital. Such financial investments are meant to attract buyers. However, the value of the house won’t increase if you decided to convert your loft for the purpose of merely adding a storage area. This is not considered to be a home improvement so the property value will remain unchanged. Big changes on the building will prove helpful in the future. What makes a build attractive is its sustainability factor. These days, buildings tend to mainly adhere to strict government guidelines and energy efficiency.
You need a proper space for renovation in order to make a great loft conversion renovation and boost the financial status of the house. Older houses may not have the essential loft area beams that support the roof. In this case, you will be required to add the proper floor to make the conversion process successful. The cost you will incur in this process depends on the type of loft space in your design. Increasing the space in the loft area is a little hard but not as hard as doing the same on the ground floor because, in loft scenario, there is no need to lay a foundation. New builds guarantees low maintenance and utility cost because new homes tend to be almost six times more efficient.
Natural lighting is highly essential especially if you are thinking of converting the loft into a bedroom. This is desirable because artificial lighting isn’t the best way of illuminating your bedroom. To make this a reality, consider adding windows on the roof. It is easier to buy new builds because you’ll easily sell your previous property and quickly move into the new one. The developer lets you move into the new property and takes over your old property and sells it. This concept is called part exchange scheme.
Since buyers in London and other places prefer buying new builds instead of used ones, any renovation exercise will be good for you and at the same time will boost the market value of the property. For this reason, a loft conversion is considered to be a money maker if you are planning to put your home on sale.
Buyers are always looking for sustainability. Therefore, one of the best ways to add space and value to your property is through loft conversion.
The article is kindly presented by: ParadiseHome – Lofts and Extensions in South London