The cost of building a loft conversion isn’t something to be sniffed at. The cost of building a loft conversion are quite high but one thing you can be assured of is that you will see that money again in the future, and the rest.
Recent studies have demonstrated that incorporating a loft conversion to your home will add a minimum of the cost onto the property’s value, and if you add a bedroom with an ensuite bathroom then you can raise the value by up to 20%. Pretty good when you compare it to the expenses of moving house which you will never see again.
The raw price of a loft conversion varies determined by exactly what area of the UK you’re in. In London you can be looking at close to £50,000 but luckily for folks up north the UK average cost for a loft conversion in Wirral for instance is closer to £25,000. This is all reliant of course on the type of loft conversion, who does the work and how good a job you want doing.
Using specialist building contractors will add considerable cost to the project, while if you decide to do some of the work yourself you’ll make some serious savings but with it will come additional drama and decision making.
The sort of loft coversion you opt for is vital to the fee. If you’re seeking some elementary space for storage it can be done in a couple of days for a few thousand pounds at most. However, for a full job from a specialist loft conversion company you’ll be looking at more like £15,000 to £30,000.
Here is a quick guide to the prices for different types of loft conversions:
Storage loft conversion with floor, lighting and loft ladder: Around £1000
Small loft conversion: £15,000
Medium loft conversion: Around £20,000
Large loft conversion: Around £23,000
Whichever option you ultimately choose, so long as you ensure you keep to the guidelines and regulations to the letter and work with a good builder for loft conversions you will come out with a loft conversion that is ideal for you to enjoy.