How can you add the most value to your home?
By far, the best investment is a loft conversion. A report from the Nationwide Building Society suggests that a conversion can increase the value of your property by more than 20 per cent.
For Swindon loft conversions, call us to arrange a consultation.
In monetary terms, how much you will gain can be gleaned from the Nationwide report. It suggests that:
- when upgrading from two bedrooms to three: increasing the floor area to add an additional bedroom of 13 square metres could add 10% to the value of a terraced house; 13% to a semi-detached home
- if the upgrade is from three bedrooms to four, 10% could be added to the value of a terraced home; 9% to a semi-detached home; and 9% to a detached home
In the case where a homeowner builds a loft conversion incorporating a double bedroom and a bathroom, more than 20% can be added to the value of a three-bedroom, one-bathroom house.
If you’re looking to sell, the size of the property is important to home buyers and the number of bedrooms it offers. Home buyers are prepared to pay more for extra usable space, as this often equates with better quality accommodation. Increasing floor area will add value to your home.
Rising property prices mean improving rather than moving can be the more attractive option. If you’re staying put, a well-conceived design can add value by improving your living space. For some, it’s a pragmatic decision to accommodate a growing family or a need for more space to work from home. For others it’s more of a lifestyle choice.
If you’re local, let us show you how Swindon loft conversions can be incorporated into even the most modest terraced house, fusing style and extra square footage.
There are all sorts of added benefits opting for Swindon loft conversions. It’s the easiest way to get yourself an extra bedroom and bathroom. Increasing your space without the hassle of having to dig down into the basement. Less disruptive too, as most of the work can be done from the outside.
The key thing is to make sure that you have easy access to the loft and that the conversion fits the rest of the house, rather than looking grafted on. But perhaps the greatest bonus lies in channelling light. You can flood a roof extension with daylight and create an even greater sense of space.