If you need more space in your home, but moving is not an option, then it makes sense to make better use of your existing space. A loft conversion could be a great way to add the space you need, but requires careful consideration and planning, but at what cost?
This price will depend on the structure of your roof, the available space you have in your loft, and alterations that may need to be made for the staircase. On top of this, you have the added cost of interior design.
Because most loft conversions do not require planning permission, they are often considered to be one of the simplest and most cost-effective ways of adding living space and value to your house. At the core, there are two different types of loft conversions – one that requires no change to the loft structure, and ones that do. We will explore various versions of these below.
WHY CONVERT YOUR LOFT?
Loft conversions are one of the most popular home improvement projects in the UK because they:
- Add value – A loft conversion can increase the value of your property by as much as 15%, says the Federation of Master Builders and as much as 20% according to Nationwide Building Society.
- Are cost-effective – Loft conversions are a cheaper way of expanding the size of your home; in comparison to a full extension or moving home completely, the cost of a loft conversion comes in a lot cheaper.
- Are simple to carry out – Loft conversions are pretty simple and relatively hassle-free to carry out – they can usually be completed in a week or two.
- Are extremely versatile – You can use your loft conversion for a variety of purposes; as an extra bedroom and bathroom, as a lounge or additional living area, as an office or even a gym or home cinema.
TYPES OF LOFT CONVERSIONS
1. ROOM IN ROOF LOFT CONVERSION
The cheapest and most straight forward option. This will usually involve:
Added insulation
A staircase
Skylights
Electrics, lighting, and heating
Fire safety measures
The total cost will depend on what level of quality you’ll go for regarding each of these aspects.