Is it worth to convert the loft?
Asked on Feb 12 2014,
Home Improvement in London |
We often get asked this question in regards to extending a home and we say the key question to ask would be "will there be a good balance of living to sleeping accommodation?" and "will the property be elevated into the next category of buyer?" For example, it is generally better to add a loft extension to a two bedroom cottage than it is to add a conservatory. This is because the three bedroom property will now appeal to the wider family market, whereas the two bedroom house with a conservatory will only appeal to its original two bedroom market.
We recently blogged on the topic which you may be interested in at http://www.peterheron.co.uk/news/123/should-we-extend/.
We hope this helps.
Web reference: http://www.peterheron.co.uk/news/123/should-we-extend/
Answered on Feb 13 2014,
In my humble observations for what my parents did - yes it was worth it, but I think it was mainly because the neighbourhood was decent. As my dad said "you would not want a 200K property on a 50K street", so the best way for you is to estimate what it would cost you to start/go through and/finish a loft conversion to what is the average price of similar properties within your area. It is a hefty task but If you're serious about it..
Answered on Sep 18 2017,
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