There are many people that are perfectly happy in their homes and do not want to sell up, but who could do with some extra space in the property. Many others would be prepared to sell but are struggling to do so in the current climate and thus need to find ways to make the most of their existing homes.
One way in which you can create more space in your existing home is by opting for a loft extension, which is a great way of making practical use of space that might otherwise go to waste. Although loft extensions can be costly depending on the extent of the work required, you can add a lot of value to your home by doing this, which means that you can recoup some or all of the cost.
Steps to take to plan your loft extension
There are a number of steps that you need to take in order to prepare for your loft extension.
Decide what the space will be used for: You need to think about why you want a loft extension and what you will be using the space for. This could be an extra bedroom, a study or another type of room.
Choosing a design: You need to think about the design you want for your extension, which will be partly determined by what you want the extension for. You can get plans drawn up for your extension or simply get a professional out to come and take a look to see whether your desired design is viable and practical. Many loft extension builders will be able to work on your design to ensure you make good use of your space. At this stage you should also get an idea of pricing so you know what the project will cost.
Sorting out funding: You will need to make sure you have the necessary funding for your extension. When you get professionals out to discuss your design you can also get a good idea of the cost, so you can start looking at how to fund the project. Some options include getting a personal loan, borrowing against the equity in your home, or using savings that you might already have. You can also take steps to make extra cash such as holding a car boot sale to sell of items you don’t want or finding a ‘we buy clothes for cash’ website to sell of unwanted designer clothing.
Clearing the loft: Before any work can be done, you need to clear out your loft. Again, this could help you to find things that you can sell to raise more money towards your project and it will also clear your loft space so that you can get started with the project. Move as much as you can from the loft so that you have a good, clear space for the work to be carried out.
Once your left extension has been completed, it is a good idea to get your house re-valued, as this will enable you to see how much your extension has added to your property.