Would you like to expand your total living space—without buying a new house? Why not convert your attic into a bedroom, study, play area, or library?
According to HomeAdvisor.com, the average national cost for attic renovations is $49,438. Although it’s a significant investment, it not only increases your overall living space—but also adds value for future buyers. U.S. News & World Report cites that attic conversions rank #3 on their list of home renovations that bring the greatest return on investment, returning a hefty 84.3% of the total amount spent.
Depending on the size of your attic space, here are the average costs of some of the most important attic improvements, according to HomeAdvisor.com:
- Make sure the attic can support the added weight—consult with a structural engineer
- New safety codes—make sure you adhere to these to pass inspection
- Soundproofing may be important—so you don’t constantly hear noise down below
- Sloped roofs can be a design challenge—be prepared to get creative!
When you’re ready to protect your home’s assets,HomeServices Insurance can help you find the best rates and coverage.