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libitina

Loft Conversions-

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A loft conversion could boost the price of a property by around 10.9%, while adding an extra bedroom within a home's existing walls could raise its value by 6%.

Increasing the floor space of a property through an extension can lift its value by 12%,

My Emphasis.

Do the caveats mean that these figures are at the top end of expectations?

I can easily see a loft conversion on a terraced house costing more than 10% of its value.

Can a builder (or anyone in the know) confirm?

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My Emphasis.

Do the caveats mean that these figures are at the top end of expectations?

I can easily see a loft conversion on a terraced house costing more than 10% of its value.

Can a builder (or anyone in the know) confirm?

I'd be very wary about the amounts claimed. When my family was growing I had a gf back extension as well as a loft extension, as it was too expensive to move to a bigger house (I'm talking about the mid 80's here!)

I regarded them as solutions to a problem, rather than a money-maker and when we eventually sold (the crash of 89-94 made a move possible!) I didn't get a great deal more than other, un-extended properties in the road.

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The article also fails to mention that a loft conversion or extension can push your property up into the next council tax band.

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The article also fails to mention that a loft conversion or extension can push your property up into the next council tax band.

Thats a good point. Never thought of that.

How many new builds would be capable of having a loft conversion? Not many I suspect.

Best stick to their nice plastic conservatories.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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