You have decided to increase the value of your property by adding space. Now it is time to decide how to do it. Do you want to add on to your home by extending it or converting your loft? Both methods have their advantages, but you must choose one. This is a difficult decision. We understand how difficult that can be. This is why we have created this article to guide you through the most important factors to help you make the right choice.
Loft Conversion Vs House Extension
Extension and Price
Before you decide on a loft conversion or house expansion, it is important to consider how much money you are willing to spend. A budget will allow you to choose the right option for your home, which won’t cause financial disaster and give you the most positive impact. Both methods have completely different structures so the costs of each might not be comparable.
Loft conversions are a great option for those with tight budgets. They’re usually less expensive than house extensions and can be done in smaller spaces. Loft extensions maximize the space that is already available. This option allows you to build upwards. This option will not require a new roof or foundation, which can save you a lot of money. Depending on the size of your loft extension and where you live, it can run as low as PS21,000 to as high as PS70,000.
Extensions to your house are, however, more costly because they extend outward. This will require a new roof and foundation. Even if your extension is limited, it will still cost more. For a typical house extension in Essex, you will pay around PS25,000 for 20m squared. This is for a single-storey building. You can reduce extension costs by using smaller extensions or quality materials that are cheaper.
Easy to Create
Because it falls under permitted property developments, loft conversions don’t require planning permission. These conversions are also less expensive and require less time. You will need to plan for extensions if they take less than half of your garden.
Variety of Options
Loft conversions can be more restrictive than extensions. You can choose from Velux, roof-light or dormer conversions. You can also find other small loft conversion ideas online. Extensions offer many options for achieving your dreams. Your imagination will take you to the places you desire, including glass rooms and front extensions.
Loft conversions offer more space in your home because they can be spread across your entire house. However, storage space can be limited because you need to consider other features like insulation, starts, and so forth. You can extend your space by adding extensions to the outside. It can be difficult to get all the planning permission you need.
In the end, whether you choose to convert your loft or add on to your house depends on what you need. What are you looking to get from your renovation project? These are large projects that will not only increase the value of your home but also have the potential to change many aspects of your daily life.