A report has found that a loft conversion can add more than £42,000 – about 22% – to the value of an average property.
Nationwide’s chief economist, Robert Gardner, said homeowners were prepared to pay extra for more usable space, which is often linked with better-quality accommodation.
Figures were correct when this article was first published.
More floor space, more value
Location is the main factor in house prices, but other things play an important part. Home improvements that add floor area, such as loft conversions and extensions, remain a good way to increase the value of your home.
If you’re considering a loft conversion in Weymouth, call World of Lofts today.