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How to Increase the Value of Your Home With Loft Conversions

Housing-Market / UK Housing Mar 28, 2014 - 10:34 AM GMT

By: Nadeem_Walayat

Housing-Market

Percentage added to the value of ones home is typically 125% to 200% of costs incurred. Typically £30k spent can convert into as much as a £60k increase in value.

If your loft is of at least 2.3 metres in height (centrally) then a loft conversion is one of the easiest ways to add both space and value to your home that can typically yield twice the amount spent. The cost to convert a loft into a layout of 2 bedrooms and 1 bathroom would typically cost £30,000 to £40,000 for a standard dormer window conversion, therefore adding approx £60k to £80k to the value of ones home.


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        4. Loft Conversions
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This article is excerpted from the new housing market Ebook "UK House Prices Mega-trend Forecast 2014-2018 - How to Capitalise on the Great UK Housing Bull Market with Home Buying, Selling and Improvement Guides" that is due to be released for FREE download in early April 2014.

Usually planning permission is not required if -

  • The dormers do not extend beyond the plain of the existing roof.
  • Add less than 40 cubic metres space to terraced and 50 cubic metres to semi and detached properties.

Before loft dormer conversion:

After loft dormer conversion:

Note front dormer windows will require planning permission.

Loft conversion extreme:

Ensure you are subscribed to my always free newsletter to be in receipt of the new ebook on release containing many more home value increasing guides and ongoing housing market analysis in your email in box.

Source and Comments: http://www.marketoracle.co.uk/Article44996.html

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2014 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, stocks, housing market and interest rates. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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