While converting an attic into a living space can carry a hefty up front price tag the remodeling costs could end up being an investment that increases your home value.
Attic space conversion cost.
Get more inspiration for your attic conversion here from design to planning to decoration in our loft conversion.
This is often cheaper than building a new wardrobe yet you have access to a whole lot more space.
According to remodeling impact report from the national association of realtors an attic bedroom conversion that includes a small bath has a national median cost of 75 000 and retains 53 of its value if you should decide to sell your house.
Adding hvac to the attic costs between 40 250 if the home already has heating and cooling.
You ll pay less for a simple home office space that you re not using as a bedroom.
According to the national association of realtors converting attic space into a bedroom that includes a small bath has a national median cost of 65 000 and retains 61 percent of its value when the home is sold.
Creating a large master suite with bathroom costs up to 200 per square foot.
While finishing an attic is one of the more expensive home improvement projects it also boasts one of the highest roi s.
You ll also want to make sure your existing system can handle efficiently heating and cooling another floor without being overworked.
The average attic renovation cost is 40 000 50 000 to convert it into a living space such as a bedroom office or a bathroom.
With full home additions costing 75 000 minimum and usually far higher many homeowners search for creative ways to increase living space without overly decreasing their bank account.
Converting an attic to a living area yields a modest return on your investment.
An attic conversion ranges from 50 to 200 per square foot.
Contingency even if you meticulously plan your attic conversion costs unexpected extra costs will inevitably pop up so be sure to budget for at least a 10 contingency.
One way is by working within the home s existing footprint and converting the attic into living space.