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- Short answer: Yes. Homeowners in the UK could add up to £100,000 + to the value of their home by converting their loft, if they open up 24 square metres of new space in their property. Now, not all loft conversions are created equal.
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- A Loft Conversion
- Off-Street Parking
- A New Kitchen
- A Garage Conversion
- A Cellar Or Basement Conversion
- Open Plan Living Space
- A New Bathroom
It's thought that creating an additional room in the loft increases the sale price of the typical home by up to 15%. It could be more if you add an extra bathroom too. It’s particularly worthwhile for homes in the city, where floorspace is limited. In June 2022, Barbour ABI found that urban homeowners are much more likely to renovate loft space tha...
It's estimated that off-street parking could add a whopping £50,000 to your home's value. Estate agents say it can make or break a sale, and that this home improvement does well across the market. It'll have the biggest impact in prime city locations, but suburban and rural buyers also see off-street parking as a must-have. The cost of converting a...
A new kitchen is a great way to improve your home, but you need to go big to add value. Simply replacing units and cabinets can cost you more than you’ll gain. A lot of buyers look for a kitchen where you can sit down and eat – particularly if your home’s suited to families. So minor updates to a galley kitchen won’t have a huge impact. To add the ...
It’s estimated that a garage conversion could add up to 15% value to your property. It’s a great way to add extra floor space to your home without extending. However, you need to weigh up whether future buyers will value a garage over an extra room. In a city, where parking is difficult or costly, a garage can get you a premium price. Similarly, ru...
Creating a basement is thought to add 10% to 15% to the value of your home, but it’ll do more for some properties than others. It’s a bit like a loft conversion: buyers might wonder why you dug down rather than extended outwards, if you have the space. That means a basement conversion is usually the best choice for urban properties, terraces, and h...
Open plan living space is one trend that’s not going away any time soon. It’s thought to add 3 to 5% to the value of your home. Creating large multi-functional spaces is great for family living and entertaining. It brings people together and can be great for parents to keep an eye on young kids. However, open-plan spaces are more expensive to heat ...
A new bathroom will add value to your property – and you don’t have to spend a fortune. But to add value with a new bathroom, the rest of the house needs to be in good shape. Changing the layout of your bathroom and changing pipes and plumbing can be expensive. But simply replacing the sink and toilet or bath and shower could have a big impact with...
Sep 5, 2024 · A modular loft is a loft space converted or built using prefabricated modules. The cost for modular loft conversion in the UK ranges from £50,000 to £75,000. The final cost depends on design complexity, material choices, and additional features like bathrooms or custom fittings.
Jul 18, 2024 · Does a loft conversion add value to a house? Yes, if done properly, a loft conversion can add up to 20 – 24.5% to the value of your property. You can find out more in our handy guide: Add value to your home with a loft conversion
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Are Modular Lofts Better Than Traditional Loft Conversions? As a cost-effective way to increase living space and add value to a house, many people are choosing to convert their loft area.
Mar 22, 2024 · Does a loft conversion add value to your property? A well-designed loft conversion can add up to 20% to the value of your home. However, this varies significantly depending on the type of conversion and where you are based.
Mar 11, 2024 · Converting your loft is often quoted as one of the simplest methods to add value to your home. The Royal Institution of Chartered Surveyors (RICS) state that a loft conversion could add up to 25% to the value of your property. That’s an uplift of around £44k on a typical £175k home.
