The 3 Biggest Mistakes People Make When Considering The Cost Of Loft Conversions
Loft conversions are not necessarily the cheapest way of extending your home, but their cost should be offset against the plusses they bring to the table – you don’t lose any garden, as you do with a conservatory or extension; you have no problem with issues like ancient lights with your neighbours, although you may need to consider party wall legislation and finally they are quick to complete as using the Loftus design and build ProFastBuild system you could have a whole new floor on your house in three weeks from the start of the work.
There are cost issues, though, that some people fail to take into account – bearing them in mind from the beginning will prevent disappointment.
1. Don’t forget the furnishings!
When you have a loft conversion, costs don’t end with what you pay the builder. This is a whole new floor you have added to your house and it will need to be furnished appropriately. If you are adding a bathroom, most of the outlay will be the attic conversion costs, as all of the sanitary ware, tiling etc will be part of the quotation. All you will need is a bath mat and some soap! But if your additional room is to be a bedroom or a study, you must calculate these additional costs in, or you might find your budget is not enough and that would be a shame after all your planning.
2. Don’t go for the cheapest.
The cost of loft conversions in London varies widely, but you should be prepared for a final bill in the region of £30,000 which is actually not so much when compared with the cost of the average property. Nevertheless, most people are sensible and shop around. The trick is to make sure that if you go for a lower quote you are not doing so at the expense of quality.
Some companies, for example, may quote low but it is only when you check the small print – or, in the worst case scenario, when the builders are packing to go home – that you discover that the loft stairs were not included in the price and you have a lovely room but the only access is a ladder. Checking the small print may seem tedious, but to make sure your projected loft conversion costs will cover everything, it is time well spent.
3. Is the rest of the house worth the outlay?
The cost of loft conversions is not negligible by any means and so before you embark on the project, make sure the rest of the house makes the outlay worthwhile. If the houses around you are not going for very much money when they sell and your mortgage is at about that level, you should think very carefully before extending into the loft. You may decide to go ahead anyway, as the extra space may be worth more than just money to you; it is just something you need to consider.
By far the best method of determining the cost of a loft conversion is to get a quote.
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