| 25 September |
Adding A Bedroom |
To add to the value of the property, adding an extension is the best way. Extensions themselves will rely on the existing size of your home and land, so the question will be: do you extend up or outwards? However, if adding an extension is not doable for space or money reasons, you can still convert any sufficient space in the basement, the roof space, or convert a home study or office (often this is as simple as removing the office equipment and installing a wardrobe, a bed and few drawers) into an extra bedroom. Check with your local planning department for any rules or codes that may govern any alterations you wish to do.
Be mindful of the ceiling value of the property’s location. Whilst the extra bedroom will add value, you may be in the situation where the renovations cost more than you gain.
Loft Alteration. A realistic price for a attic conversion is in the region of $35,000, depending on the area, the payback for this outlay could be double. This space is rarely or not used at all apart from storing objects, so you are not losing existing living space. Adding an extension to your property will mean you outdoor living area is drastically reduced, with a attic conversion not only are you making the best use of space, but you are also adding value to your home.
Consider using the services of a professional architect to help you design and draw up plans for your loft conversion, they can help you make the best use of the area and available budget. There are many rules, restrictions, and building code issues that need to be followed when thinking about a loft conversion; the hired architect can help with these. Other things in their remit, is offer recommendations on how to best place windows, ventilation and heating as well as strengthening the floor and where to place the access.
Think about your loft and what it contains; maybe a chimney stack, an air conditioning unit, hot water boiler to name a few. By drawing up a plan that incorporates these features, rather than trying to hide them, the end result should be far more functional and attractive.
Try not to convert the loft so it can only be used in one way, if you decide to sell the home in the future, a potential buyer needs to be able to project their own dreams onto the space created.
Remodelling guide prepared by Jay Banks of Vancouver Homes, experienced Vancouver Lofts realtor