Demand for loft conversions surges to all time high

Homeowners embrace loft conversions for more space and value
 
SHEFFIELD, U.K. - March 19, 2024 - PRLog -- The ability and desire to work from home has surged in recent years, leading to a significant rise in loft conversions. As people spend more time in their homes, they're seeking long-term improvements that create additional living and work areas. Loft conversions offer an affordable solution for many homeowners.

But the benefits go beyond extra square footage. Even in a fluctuating housing market, a loft conversion can be a smart investment. The added space and functionality can increase your property value by an average of 21%, making your home more attractive to potential buyers in the future.

Trends show demand is at a high

Search trends show that in the last year, Google searches for Loft Conversion have increased by around 35%, peaking in mid-February 2024, as shown in the chart. (Click link to access, source: Google Trends).

Breakout searches within this topic include queries around the cost of a loft conversion, the comparison of a loft conversion vs an extension and the impact of the cost of a loft conversion on your mortgage.

"Homeowners are increasingly drawn to loft conversions. The appeal is clear: create more space without sacrificing your outdoor facilities." says John Simpson, founder of Loft Conversion Sheffield (https://loftconversionsheffield.co.uk), a Sheffield-based company specializing in loft conversions since 2000.

Simpson added, "While traditional extensions can be tempting, they often come at the cost of precious garden space. A loft conversion, on the other hand, essentially adds another floor. This allows you to create an extra bedroom, home office, or even a home cinema without impacting your enjoyment of the outdoors."

The advantages can go beyond just extra square footage, according to Simpson. "Loft conversions can also contribute to a more energy-efficient home," he explains. "The work often involves reinforcing roof insulation, which can benefit your entire house, keeping it warmer in winter and cooler in summer."

It is common to see a surge in searches for loft conversions at the start of the year, fuelled by New Year's resolutions for home improvement. While spring and summer offer ideal weather conditions for construction with minimal delays, securing a specialist early is crucial. High demand can put a strain on materials and raise costs, so planning ahead is key.

The timeline for a loft conversion depends on factors like size, roof type, and season. A typical project takes 4-12 weeks, so consider potential disruptions to your daily routine during this period.

For a friendly no-obligation quote for an attic conversion in the Sheffield area, contact Loft Conversion Sheffield.

Trends:
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Page Updated Last on: Mar 20, 2024



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