For many homeowners, loft conversions are a much cheaper and more convenient way to expand their spaces than relocating. However, there are various factors that can affect the overall cost. Let’s explore what kind of budget you might need for embarking on a loft conversion.
The average cost of a loft conversion depends mostly on where you live, which kind of property you own, and the kind of conversion you’re after. Customers are generally able to choose from:
- Basic Loft Conversions (£15,000-£20,000)
- Dormer Loft Conversions (£30,000-£50,000)
- Hip-to-Gable Loft Conversions (£40,000-£65,000)
- Mansard Loft Conversions (£50,000-£70,000)
Of course, these costs are average and could go up if you live in the city (specifically London) or your property needs serious structural work. The size, complexity and purpose you intend for your loft conversion to serve will also play into price, so it’s important to understand what you will be using your new space for.
Certain properties come with certain challenges, which is another important factor to consider. While detached properties are easy to access and often have fewer planning restrictions, a larger amount of available space will entail a more expensive project. Semi-detached and terraced properties have neighbours to consider, and comparably less loft space to convert.
Planning permission, building regulations, labour costs and interior finishings and furnishings must also be accounted for cost-wise to avoid unexpected financial difficulty.
It is advisable to be specific with your planning and to get various personalised quotes from various companies. This will allow you to find the best value for money, and improve the accuracy of your budget.
While it can be difficult to pinpoint the average cost of a loft conversion without specifics, hopefully you have gained some insight on the starting points, and which additional factors are essential to account for. Ultimately, if you believe a loft conversion will improve your quality of life and stand as an excellent long-term investment for your home, it’s surely worth the price.
Related Articles:
- How Much Does a Loft Conversion Cost?
- How Much Does a Loft Conversion Cost in London
- What is the Most Expensive Part of a Loft Conversion
- How Much for Dormer Loft Conversion
- How Much do Dormer Loft Conversions Cost on Average?
- How to Finance a Loft Conversion
- Loft Conversion or Extension: Your 2024 Cost Guide
