Loft conversions are fast becoming one of the most popular ways to improve your home. Not only are they incredibly cost-effective but they can improve the resale value of your home hugely.
Despite their popularity however, people continually question whether a loft conversion will add value to their home; especially when compared to a regular home extension. There are so many advantages to a loft conversion however, that here at Clapham Construction Service, we’ve decided to show you why so many are now choosing to ‘go up’ as opposed to ‘going out’ and just how this style of home improvement can add real value to your home.
Speak To Us About Loft Conversions
Can I Have A Loft Conversion?
Before explaining the financial (and other) benefits of a loft conversion, it’s worth finding out whether you can have a loft conversion in the first place. The best way to do that is to take advantage of our free, no obligation consultation. During our consultations, you’ll get to spend time with a loft conversion specialist, in your own home.
Our loft conversion specialists will determine the suitability of the property itself and show you how they can create a loft conversion that caters to your requirements. All of our services are fully comprehensive, which means if you choose to use our services following our consultation, we’ll ensure every aspect is covered, from planning to building regulations, all the way through to the build itself and the finished product.
As loft conversion specialists, with a great many years experience, we guarantee a high-quality finish every single time and it’s here, in the detail, where you’ll find the value is really added to your home.
Why Go Up Instead Of Out?
While loft conversions, for us, are a no brainer, there are a great deal of people out there who wonder why they’re becoming the more preferred choice over regular home extensions. That’s because they offer so many benefits, all of which help this style of home improvement add further value to your home.
Don’t Lose Outdoor Space – the biggest downside of regular home extensions is that you lose valuable outdoor space. In a world where homes are restricted with garden space as it is, sacrificing this is a huge downside. With a loft conversion however, you gain floor space in your home without having to sacrifice any outside space at all. You get to keep your garden and patio areas and still gain square footage in your home. In London, where outdoor space is scarce as it is, this is a huge bonus.
Especially when you consider the value that outdoor space can add to a home – losing this could inadvertently reduce the profits you would otherwise make on a home extension. A loft conversion however would allow you to add a further bedroom or office and still let you keep that very valuable outdoor space. Simply enjoy the profits.
Less Hassle – whether you were considering a side extension or an orangery, you’ll need to consider the hassle that’s involved, such as the work it takes to get your space ready for the first brick to be laid. Think of footings, plumbing, drainage etc. With a loft conversion however, you’re essentially making the most of the space that’s already there. You’re essentially simply altering the space that sits on top of your home, as opposed to digging footings, and creating a huge amount of work before the build begins.
For this reason alone, loft conversions can take far less time and hassle, whereas side or rear extensions can take months and months of what feels like living in a building site.
More Cost Effective – moving on from the point above, loft conversions aren’t just less hassle. They’re much more cost effective too for the very same reason. Side and rear extensions, while great options, require a huge amount of work before a brick is laid, such as the thousands of pounds often spent on footings alone before a single brick has ever been laid. Once again, with a loft conversion however, you already essentially have a shell and a base.
You’re simply altering what’s there, which works out much more cost effective, especially as a loft conversion can sometimes add around 20% in value. With a far smaller outlay, this just means more profit for the homeowner.
So How Much Value Could It Add?
Loft conversions are often declared as being one of the best ways to add value to your home. Recent studies, by Nationwide Building Society have shown loft conversions have the potential to add up to 20% to the value of your property.
This means if your house is valued at around £200,000, you could be looking at potential property price increases of up to £40,000. That’s a fantastic increase, especially when you consider the fact that you don’t lose outside space and are potentially enjoying a much smaller outlay in the beginning when compared to other home extension options.
Contact Clapham Construction Service Today
If you’d like more information on a loft conversion or perhaps would like to speak with our team of specialists, we highly recommend booking in one of our free consultations today. Here at Clapham Construction Service, we’re loft conversion specialists and can help you create the loft conversion of your dreams, for some of the most affordable pricing possible. Call today on 0203 950 7957.