What do you do when your home starts running out of space, thanks to the ever increasing amount of property or resident head count? Different people have different means to address this problem. Some move to a bigger house, while some augment their homes with first floor extensions. Meanwhile, there are many who opt for loft conversion.
Converting the Loft
A loft conversion is perhaps the most popular and practical way to expand one’s home. It may or may not be as expensive as buying a new house or expanding your first floor, but it will surely cost one a lot less time and effort than the previously mentioned two. This is because you already have an existing structure to house your loft, and all you have to do is to renovate it in order to be up to legal standards.
Factors to Consider when Determining Conversion Costs
If you’re planning to convert your loft, the first thing that you’ll probably want to figure out is how much it will cost. Lofts typically start from £12,000 to £60,000, and can go as high as a few hundred thousand pounds. There is no standard price as loft conversion costs vary from house to house. However, you can calculate how much your loft can cost, and here are the factors you ought to consider:
1. Type of conversion.
The design of your loft dictates much of the conversion process’ cost. Lofts to be used as storage are the cheapest, the overall conversion into which comes at more or less £1000, and that includes everything else. Residential lofts meanwhile start at an average of £12,000.
2. The size of your conversion.
The planned size of your loft is also a major factor in determining a good chunk of the conversion’s price. With this, you can derive the costs of the structural modifications and materials. The latter would typically include steel joists, wood, paint, and particulars like nails and screws.
Custom manufactured stairs can cost between £500 and£2000, depending on the design. Traditional stairs are the cheapest, while the space-efficient spiral staircase is the more expensive alternative. Building the stairs yourself can cost a whole lot less.
4. Dormer and skylights.
Windows are required in any loft conversion. For this, you have three options: dormers, skylights, or both. Construction of dormers is priced at no less than £2000, while skylights cost at around £600.
5. Professional services.
Of course, you must never do everything on your own. Professionals are required to do certain tasks like planning, plumbing, and electric installation. Also, you might want to hire blue collar workers to do the actual labor as it may not be easy to accomplish yourself. Costs for professional services vary though, but you will surely save a lot if you contract conversion firms instead of hiring individual specialists.
These are all the factors you have to consider when calculating loft conversion costs. As you can see, loft conversion isn’t exactly as cheap as it is relatively easy to accomplish. However, this can be easily offset by the benefits you can get from having a finished loft – extra space, better property value, and a great number of possibilities.