If you have decided to extend the space of your home, there are two ways you can go about it: home extension and/or loft conversion. Home extension refers to the physical enlargement of your home while loft conversion involves the transformation of your loft into a functional room that may be used as a bedroom, office space, or storage space, etc.
When choosing between a home extension and loft conversion, there are various factors that you need to take into account such as, the project’s long-term feasibility, the value it adds to your property, its cost and your budget, and more importantly, your requirement of the extra space.
A Home extension project practically allows you to add any sort of room to your home – whether it’s a bedroom, a kitchen, a bathroom, or a utility. The size of your extension will depend upon the space around your property, your budget, and the planning policies of the area.
As an estimate, a single-storey extension will set you back around £1,500 per square metre. For a double-storey extension, add in around £1,100 per square metre for upper floors.
If we talk about the value of the home extension, a large single-storey extension, say, a kitchen could add around 15% to your property. On the other hand, a double-storey extension – for instance, a master suite, could account for an addition of 20%.
However, remember that the extension of your inner space means the reduction of your outer space. Now, you may be willing to sacrifice some of your garden space to accommodate your growing family but what if this extension takes away your parking space as well? That will certainly complicate your everyday life.
When such issues arise, that’s where the alternative of loft conversion comes can be useful.
Speaking of loft conversion, it is a much cheaper and straightforward way of adding some extra space to your home than the construction of a whole new extension.
In the majority of the residential properties, a loft is a dead space anyway, containing discarded things. Converting it into office space – especially now that work-from-home is more common than it ever was, could be extremely effective for you.
On the other hand, if you wish to convert it into a master suite, it would cost much lesser per square metre than extending while increasing the house value by the same percentage, i.e. 20%. Moreover, it won’t eat away any outdoor space either.
However, the more intricate the loft design, the more expensive will it be. As an estimate, a 40 square metres loft conversion would cost you around £35k.
Best General Builders in East London and Essex helping you decide between Home Extensions vs Loft Conversions
By now, if you haven’t been able to make a decision, don’t worry because if you reside in either East London or Essex, you can always seek the guidance of professionals at Spenwell General Builders.
For nearly 30 years, our expert general builders have been serving the locality of many areas of East London and Essex, including Romford, Dagenham, Chigwell, Woodford, Ilford, and Brentwood with services like plumbing, electrics, plastering, decorating, building regs, etc. This hefty expertise has allowed us to become the leading brand when it comes to the knowledge of building and renovation projects.
Our experienced general builders will take a survey of your residential site and give you free-of-cost advice on what’s best for you: an extension or a loft conversion. If you’d like, we will provide you with a no-obligation quote as well.
If you choose to hire us, we’ll offer you a complete building service, taking care of the planning permission from the authorities, and working with speed and efficiency to ensure that you are pleased with the end product. So, still pondering between home extensions vs loft conversions? Contact us now and let us help you extend your living space in the best possible way.