Loft Conversion Benefits for Your Home and Family
Transformation of lofts has now become one of the hottest trends in the home improvement and property renovation industry. This is mainly because of the increase in house prices as well as the added expenses and stress of relocation. But these alone are not the benefits of a loft conversion. Loft conversions or extensions are one of the best ways to invest in your residence. One of the foremost benefits of an attic conversion is that you can reside in the same neighborhood, avoid the need to redirect all of your post, pay for a removal or shifting business and no need to find a new school for your kids.
The advantages of having an attic conversion are never-ending. With lots of home owners increasing the size of their house rather than moving accommodation at the moment, it is in fact a grand way to optimize space that is readily accessible. Find out more.
An attic normally occupies about 30% of your floor space. With a worthwhile loft conversion, you can easily add space to your existing living space without moving to a new location or causing any structural changes to your property. It is a cost effective and convenient solution for families looking to incorporate a new bedroom, a guest room or even a game or study area for kids.
Improve the value of house
While most people opt to finish their loft to improve the quality of life, it comes with an add-on benefit of exceptionally improving the retail value of your property. According to industry specialists, a thoughtfully carried out attic conversion will increase the overall value of your property by 30% to 40%.
Fetch additional income
Even if you don’t have a plan to sell your renovated property, a loft conversion can fetch you a steady decent income, particularly if it has a separate entrance accessible from outside. Many college-goers, university students and newly married couples consider refurbished lofts as an economic alternative over living in an overly-priced studio apartment, and renting your loft space is a great way to boost your return on investment.
No need for building permission
A loft conversion typically does not require planning permission unless it involves extensive refurbishment or structural changes. But it’s always advisable to check the latest regulations regarding an attic conversion in order to avoid any kind of confusions and complications.
Minimal or zero maintenance cost, more privacy, and energy efficiency are the other main benefits associated with the conversion of an attic or loft.