Loft extension or move??

Lucyadams184

I'm undecided what to do. I love the house I'm in but we need more space. I just wondered if anyone had done a loft conversion and if anyone made money or broke even. My husband wants to move but I love where we live near the shops and we have good neighbours.

martinsurrey

what price bracket is your current house in and what would you move to?

jed35

I have gone through the process of employing builders to complete loft conversions on 3 Houses over the past 8-9 years. In terms of costs for a good quality job, this will give you a good idea.....

1.) £100 sqft for a Loft Conversion with Dormer
2.) £70 sqft for a Loft with No Dormer

On top of the above, add £3k-£5k for a Bathroom.

For London expect to pay an additional 15% premium.

Eg, my most recent Loft Conversion was 250 sqft had a wallplate Dormer and bathroom and cost £28,500.

A local Estate Agent will be able to tell you whether you will get back your money when you come to sell.