Budgeting Tips for a Successful Loft Conversion | #CP

Transforming your loft space into a room that can be used frequently within the home is a really great idea. Not only does this additional room bring you choice and essential space, but it will also result in added value to your property, which will be beneficial in many years to come. Loft conversions are becoming extremely popular, with many people now able to work and even workout in the comfort of their own homes. In order to have a successful loft conversion, you need to ensure you have a clear budget and plan, and these useful tips are guaranteed to help you achieve this.

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Realistic Expectations
When it comes to managing expectations, many people begin to struggle. Whilst you may think your stunning loft conversion can be achieved with a low budget and small timescale, it’s never beneficial to think like this, as you can almost always guarantee that something, somewhere along the line will go wrong or take longer than expected. It’s important to keep a positive mindset when carrying out a project like this, but having realistic expectations is the key. Create a clear plan of everything that is going to be required for the conversion, from contractors and tools, to décor and finishing touches, and then you can set some realistic goals on what to expect.

Create a Schedule
The last thing anyone wants when having housework done, especially internal work, is for it to take longer than necessary. Before the work begins on your loft conversion, you need to create a clear schedule to balance out time, budgets and workload. Try to have everything running in order of what will work best for you and your own time, as you don’t want to be caught up halfway through the work. Figure out when will be best for the builders to begin the work and try to schedule them in to complete the work in as little time as possible. You have to expect the odd weekend or weekday when they may be a man down or need some time off, so having a schedule will help you should the timing go over ever so slightly.

Do Some Research
Investing your money into a project is always going to be a risky choice, but it’s a risk you want to pull off. In order to eliminate the risk from your loft conversion, you need to do some thorough research. You need to research different contractors, with different quotes to see who’s the best price. It’s also equally as important to look around for other essential items such as the loft stairs, insulation, windows and so on, as these features can all be found at decent prices, if you spend the time to look around and find them. You can almost guarantee that the first few prices you get will be extremely high and out of budget, but don’t let this put you off. There are plenty of well-priced, reliable builders and essential features that you can find without having to break the bank.

Prepare for Change

Throughout your loft conversion, you are likely to face a few bumps that will either require additional time or extra cost to smooth out. It’s not always going to be the case, but you never know when something may be found that needs fixing, something may break, or you simply may just find some jobs taking longer than others. With this in mind, it’s important to be wary and conscious of this happening. You should always have a little extra on your budget just incase of any change, and similarly, it’s always beneficial to expect a few extra weeks to be added to the completion date just to be on the safe side. Whilst it’s unlikely that you’ll need these extra steps for your loft conversion, it’s always better to be prepared and ready for what could happen, rather than be caught out and left struggling to sort the problem. 

Karl Young

Part-time daddy and lifestyle blogger. Father of 2 boys under 2. Golfer, scare-fan, tea-lover, traveller, squash and poker player. I write on the @HuffPostUK http://www.huffingtonpost.co.uk/karl-young/

1 comment:

Smith Kaylor said...

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