Whether an attic renovation is worth it for you depends largely on your budget and plans for the space, as well as the work and costs involved. For homeowners who plan to stay in their homes long-term, the improved functionality is often worth the cost.
This rule means, at least half of your attic space must be 7 feet high by 7 feet wide, with a total of 70 square feet. Keep in mind, codes vary from place to place, but for using the attic as an actual room, this rule typically applies.
A finished attic creates valuable new living space in your home. And that increased square footage translates directly to higher market value. Appraisers calculate the price per square foot for listings. So more usable space equals more resale potential.
Finishing unfinished space in the house is an extremely cost-effective way to offer what potential buyers are looking for. It's true everywhere, but especially in older neighborhoods with smaller homes, a finished attic can definitely add to resale value.
Reach out to your local municipality to see if you need a permit for your attic remodel. A permit is usually only needed if: You are adding electrical wiring or ventilation. You plan to change the structure of your home in the process, such as knocking down an existing wall or adding a dormer.
A loft conversion for your house is considered to be permitted development, not requiring an application for planning permission, provided certain limits and conditions are met.
Attics are often poorly insulated, meaning that temperatures can get hotter than the outside air during the summer. Lack of proper ventilation can also lead to extra condensation build-up, especially during the winter, when the warm air in your home rises and hits the cold air in the attic.
Boost Property Value
Converting your attic can also increase the value of your home. An attic turned into a functional room adds to your home's overall square footage, making it more appealing to potential buyers. This can be a wise investment if you plan to sell your home in the future.
Transforming your attic is a great way to add value to your home and get some extra space in the form of a bonus room. Just remember, it's a process that takes time (usually 3 to 5 months) depending on various factors. But with some good planning and the right team, you'll be enjoying your new space before you know it!
Frequently Asked Questions. How long does it take to complete an attic conversion? A standard three bed semi detached attic conversion will take approximately two weeks, 10 working days, if you like an en-suite it would take an extra 3-4 working days.
The average loft conversion costs between £20,000 to £60,000 in the UK. The price of a loft conversion varies widely based on the type of loft conversion you have, the quality of materials used, and the labour costs in your part of the UK. The average cost of a Velux loft conversion is between £20,000 to £30,000.
BUILDING CODES
Regulations vary from county to county, but most attic conversion building codes require: A minimum of 70 sq. ft. of floor space.
For most wiring, this is possible but may not always be possible as there will inevitably be light fixtures that are installed throughout the ceilings below. Electrical wiring should be installed to minimize the likelihood of damage, impact, or water ingress.
Here are a few standard requirements to check first. If you plan to make your attic space livable, it needs to meet the typical seven-foot ceiling height or clearance in a minimum of a seven-foot wide space–after finishes are installed!
Finishing an attic is usually worth it if you plan to stay in your home for a while. It will also increase your home's value when it's time to sell.
For the basics, you'll pay $30 to $60 per square foot, or up to $200 per square foot for all of the extras. Unfinished attics tend to have very little, even less than an unfinished basement in many cases. You might have exposed insulation and framing, and no electrical or HVAC systems.
The attic must be at least 70 square feet, while the attic ceiling must be five feet or higher. Windows & openable area. According to home remodeling experts, for an attic to be a good candidate for conversion, its minimum window area must be at least 8% of the usable floor area.
Finishing your attic can add significant value to your home. A midrange attic bedroom remodel can provide a return on investment of around 72.5%, which can make it a valuable investment for homeowners who are looking to increase the value of their property.
The attic has blooms of mold or mildew
In addition to the structural rot they cause as a result of their voracious appetites for organic materials, mold and mildew pose are linked to respiratory and health issues.
According to the National Association of Realtors, homeowners that had an attic bedroom conversion saw an average return on investment of 61% when they sold their house.
It not only adds space to your house, but it also adds value. Most Attic conversions will give you an additional bedroom or two as well as an ensuite or second bathroom. Yes it does require building work to complete but can add at least 15% onto a property's value, usually more than the works cost in the first place.
For the vast majority of attic conversions it is not necessary to engage an architect or engineer. In fact we would see architectural drawings for only about 3% or 4% of our contracts. However, if your house is unusual in design or layout you may need to consult with a professional.