What's Buzzing?

What's the buzz in the home improvements building sector at the moment? 'Loft Conversions'.

The housing market has been poor now for some time. The credit crunch has left the building sector in a depressed state. There is however one area that is alive, kicking and doing very nicely. Home owners that are improving instead of moving.

Why have loft conversion improvements surfaced as the prime action for smart home owners?

It's a combination of factors that have really been forced on home owners. As moving houses has become more difficult home owners have had to look at other option's. Purely as an investment, a loft conversion is almost guaranteed to add value to a property if carried out professionally. As a way of adding extra space to an existing house, they are unbeatable in terms of the cost to benefit's gained.

So what are some of the ways in which home owners have been improving their homes through loft conversions?

• a superb new living area to compliment your home.
• a home office or study that’s great for remote workers.
• a games room.
• a new additional bedroom with en-suite shower.
• a Tv and computer room.
• a music room.
• a nursery.
• a bar
• a party room

If your thinking a loft conversions could be just what your looking for, you’ll have a some questions.

1. how much will a loft conversion cost?
2. how do I begin researching what a loft conversion involves?
3. how much extra value will a loft conversion add to my home?

I have some answers to point you in the right direction.

Loft conversion costs

Expect any where from about £15000 upwards for a professional loft conversion. You can do things with your loft like boarding out and adding a light that don't cost so much but they are not really functional living space loft conversions. The cost will really depend upon the size, shape and extent of the works you have done. Most professional loft conversion companies will provide a free estimate.

Researching what's involved.

There is a lot to planning your ideal loft conversion. A good place to start is a new report from loft conversions manchester
It will point you in the right direction. ItIt's brief and to the point.

Loft conversions adding extra value to your home.

If done properly and professionally it's the ideal way to add value to your home. Both the Halifax and more recently the Alliance and Leicester have reported that adding a loft conversion to your home can add substantially to the market value. The exact figure will depend upon where your home is located and exactly what you have done but figures of additional 20- 25% in value are not uncommon.

Most properties could benefit from a loft conversion and while the market is dragging in most area's, it’s a good long term investment that enables you to increase the value of one of your main assets. Think smart and put yourself in a great position for when the house buying market begins to recover.