Considering Adding An Extra Bedroom To Your Property?
By far the most desirable way to add value to your home is to add an extension, therefore increasing the size of the property. Extensions themselves will be contingent on the existing space of your house and land, so the question will be: do you extend up or outwards? Expanding the size of your home is a costly exercise and not everyone has the money to do this; so the other options is to convert the area you already have, which couple be as simple as changing the furniture to a larger conversion such as using your garage. Check with your local planning department for any rules or laws that may govern any alterations you wish to do.
Check out the value and kind of homes in your area before you make plans to add an additional bedroom. If a four-bedroom property is on a street of mainly two and three-bedroom houses, you could find it hard to recover the cost of adding a fifth or sixth bedroom.
Extend under the roof with a loft adaptation. A realistic price for a loft conversion is in the region of $35,000, depending on location, the payback for this outlay could be double. What has normally been surplus space could now be a useful bedroom. The perk of using the loft is that you are not taking away any of your outdoor space, as well as being very profitable.
This is made simpler and more efficient if you work with a professional architect to help you draw up plans that will make the best use of both the alloted space and the budget that you have allocated to your project. An architect not only draws up the plans, but they may also help with any building regulations and restrictions you may come across. He can also supply answers to problems such as adding windows, strengthening the floors, or boosting the air quality.
Think about your attic and what it contains; maybe a chimney stack, an air conditioning unit, hot water tank to name a few. It is not necessary to hide these, by making plans you could make them a feature and as a result more attractive.
Make sure you design your attic in a flexible way so that the potential buyer can easily envision using that area in their own way.
This articles was written by Jay Banks, leading Vancouver Lofts real estate agent
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