Loft conversions are a great way of adding value to your property. Recent reports suggest that loft conversions can easily add up to 20 percent on to the value of your home. A professional loft conversion will not only add that extra space, you and your family need, it will also add value. Simply looking at house prices in your area will show you the difference in up lift from a three bedroom property to a four bedroom property.
Whilst location remains a major factor to house prices, other aspects, for example the overall size of the property or the number of bedrooms and bathrooms it has are also important. Home improvements that increase the floor area and add to the number of rooms, such as a loft conversion remain a great way of adding value to your home. Converting the loft still offers homeowners a good way to add value and space to their property. In short, professional loft conversions, especially in the London area, provides a great return on your investment.
Moving home in London costs an average of £27,946. This has considerable increased over the last decade, the report carried out by Post Office Money and the Centre for Economics and Business Research found that the cost has increased by 59 percent from 2004 to 2014. Those costs of moving took in to account figures that included stamp duty, estate agent and surveyors’ fees and removals cost. We think rather than absorbing the costs of moving you would be better investing this money towards the costs of a loft conversion.
Read some interesting articles on loft conversion and adding value to your home here: