If you are considering selling your home, there are many things you can do to increase the value of your property. These can range from small, simple alterations to the façade of your home, to extensions and conversions to add extra space and room. One of the most popular ways in which homeowners increase their property value is to convert their loft space into another room.
What is a loft conversion?
There are many different options available if you decide to convert your unused loft space into an extra room, or rooms. These depend on the type of house you have and the style of your roof. Some types, such as dormers, will add the headroom that is needed for an extra bathroom, or airy bedroom. Mansard style loft conversion can add pretty much a whole extra floor to your home, which can then be used as guest spaces or extra bedrooms and bathrooms. As they are so versatile and beneficial, loft conversions are a common option that sellers turn to when selling their homes.
Will it add value?
In short, yes, a loft conversion will add value to your property. Up to 20% in fact, so it is a worthy investment if you are considering it. Converting your loft space opens up many new possibilities, from guest rooms to extra storage and they are a popular addition to many properties. The majority of houses have lofts and they are often used as random storage spaces – forgotten about until the Christmas decorations need to be brought down again! Whilst it can be useful to have this unseen space, you may be wasting your home’s potential by disregarding it. Touchstone Lofts can help you maximize your home, increasing the value and add a little something different to your space!
There are many benefits to having a loft conversion, and it may make all the difference for a prospective buyer.
- Bathrooms – For optimum property value, multiple bathrooms are a great asset. Having one upstairs and one downstairs, a bath and a shower, and en-suite facilities can really boost the appeal of the house and therefore the value.
- Guest rooms – another common use for a loft conversion is using it as a guest room. Potential buyers may be after a property with a spacious and modern spare room for guests and friends to stay in, and by converting your loft you have already done the hard work for them!
- Renting – letting the spare room in a home to a lodger or tenant can be a great way to utilize the space while making money. If your buyers are landlords, or are considering becoming one, converting your loft into another living area means that they will have a modern, comfortable space to rent out, combining housing with business.
- Increased space – even just having the extra space can be a huge selling point. By converting your loft, you are updating the space, and making it safe and comfortable. Installing lighting and heating will add the to many uses of the rooms, and buyers will be able to use it as storage, living areas or even play areas for young children. Even if used for storage it will be much more accessible than a loft would have been.
There are many ways to increase the value of your home, but a loft conversion is a worthy investment due to the flexibility and options available, both to you in the building of it and new buyers in the use of it.
