By far the most beneficial part about converting your loft is that space and value will be added to your home! This is a wonderful solution for a family that requires an extra bedroom. It's also great for someone looking to add office space or just drive up the overall price value of their property, not to mention it looks better than an extra dusty storage space.
Driving up your property's value
Loft conversions yield numerous benefits for homeowners, which could most likely be the reason for their increasing popularity. They tend to become the most valuable to those who live in their own home because they add so much extra space, however they are also immensly popular since they have been shown to add around 20% on top of a property’s value. For the average home buyer this can potentially stack up to £35,000 on top of your market value. This is a real win for any home buyer looking to improve their space for the short or especially the long term.
The best part is that the value of your property will increase no matter what you use the converted space for. Even if you do end up using it for something as simple as extra storage space, you'll have added an immense value to your future nest egg. Most often though the space tends to get used the for an expanding family, guests or lodgers. Those that choose to go the route of renting the extra space can also make money before they even think of selling the house! This can really become useful as the loft is usually far enough away from the rest of the house as to not disturb other tenants.
If you choose to go this route be absolutely certain that you don't just simply convert it as a way to make your property more valuable. Make sure to consider that this is something that adds value to your life as well as the property. This way you can comfortably say that it is truly beneficial for you and your family.
Alternative Key Features
Another benefit of a loft conversion is by converting unpopular spaces into masterpieces. Transforming an industrial space often provides a wonderful area to add high, unfinished ceilings, large windows, exposed brick or cinder block walls and exposed duct work. Whether you're looking to create a rental, a project to sell, or even renovate a new business many industrial lofts have potential for your detailed needs. Some loft conversions even preserve the industrial era freight elevators. Just one idea is to have it open into a living area for dramatic effect. The options are limitless really!
The Tech Specs
Let's talk about exactly what a loft conversion is. It's actually a process of transforming an empty attic space into any kind of functioning room. Most often these spaces are typically transformed into a bedroom, office space, a gym, or just a better and more useful storage space. They are probably the most popular types of home improvement in the U.K. as a result of their numerous value adding benefits. Installing a loft conversion is a is no easy task and because of its complicated nature people often choose to contract a specialist loft conversion company to undertake the task. Global Development is head and shoulders above the competition in this field and would love to be your choice for adding a loft conversion and a new chapter in your home and life for the future. We're number one in customer services and pride ourselves on our master craftsmen. If you wish to contact us directly please contact us at the link found at the bottom of this article.
For those of you who are interested in projects outside of improving your own living space, consider a loft conversion in a non-residential space such as a warehouse, dock, former factory or water tower. These can easy be turned into habitable homes and look great in investment portfolios.
A Bit of history
Conversion have their origins in the United States when they became popular in the SoHo part of New York City during the 1960s. Artist used to create living spaces on the upper levels of obsolete industrial buildings that could be located in the heart of the city, not unlike our creative minds today. During the pioneering period of the conversions, these buildings were not zoned as residential and they were being used illegally as living space. During 1971, the city made residential use legal and loft living became popular throughout the neighborhood. Loft living then spread to international neighborhoods until becoming popular right here in our city of London.
What kinds of conversions are there?
There are many different types of loft conversion. The two most common are:
Roof window conversion
Roof windows are often a great option for homeowners since they fit into the line of the roof which doesn't require any restructuring at all. Of course the best part of adding windows is natural light and a roof window conversion won't require complicated planning permission, although they do require building regulation approval.
A dormer is a window that's an extension of the roof. They're usually installed to provide more space and headroom within the loft and also to improved staircase access. Dormers are pretty popular as well since they add to the aesthetic enhancement to a property.