Does An Attic Room Add Value

Insulating windows 70.

Does an attic room add value.

Adding livable space in the basement. Finishing your attic can add space and utility and increase the value of your home as long as it s done properly. But how much does an attic conversion cost. There s variety of price factors from the type of attic conversion construction how complex your design is the structural work required as well as planning and professional fees.

We recently placed the house up for sale and we told by our real estate agent and others that the space would not be counted. Just as renovating the space in your attic adds value remodeling your basement to add usable living space also pays back when you sell your house. The attic stair case brings you into the space and then in the middle we built a door dividing the space into two rooms. Finishing an area of the house especially an attic or basement into another bedroom can greatly increase the resale value of a house.

Yes especially when you compare to the value of a finished basement which will appraise for about 30 less in value than above ground space high above ground level your finished attic space will be more valuable in the eyes of the appraiser explains berg who was an appraiser for 14 years before he became a. When done without proper planning or adherence to local building codes it can actually reduce the value of your home or stall a sale. Enlarging an existing stairway or adding a new one will affect spaces below. Don t stop with the basement.

Finishing the attic can add the same benefits and give your home more livable space. Don t assume that the value of improvements to below ground space will be equal to the value of above ground projects and you won t set unrealistic expectations for a project you re sure to otherwise enjoy. A finished basement won t always add official square footage to your home but it can add value to future buyers. This is because it adds more square footage creates a new usable room and opens the house up to buyers with larger families.

A stair designed with an intermediate landing and two runs needs about 8 feet on the lower level. A straight run stair will chew up 10 to 14 feet of floor space. Finished attic 60. Making sure your attic is properly insulated will keep heating costs low and add value to your home.

We added electric to power the heat and air units. Here are some must do tips to follow when finishing your attic. Figure out how you re going to get up and down from the finished attic space. It s a great way to add value and space to your property and far less faff than moving.