The facts and figures
When trying to capitalise on the value of your property, creating extra living space will always be a good idea. They say that ‘space is at a premium’, and a fantastic way to create the illusion of extra space on your plot is by converting your garage or loft into a living space via a loft or garage conversion.
A survey by the National Association of Estate Agents (NAEA) revealed that the best ways to add value to your house included a loft conversion, and adding extra bedrooms and bathrooms. Research claims that a loft conversion can add up to 10% to the value of your property, and an extra bathroom up to 6%; if you’re looking for a big project with potentially huge pay-off, a garage conversion is definitely one to consider. Don’t let your garage be merely the dank, dark space beside your home, a garage conversion will add 6% to the value of your home.
Your garage will most likely fall into one of the following categories: attached (connected to your house), detached (a separate building to your house) or integrated (sharing a roof with your house). It’s important to know exactly what you’re dealing with when deciding what kind of transformation is possible for your garage. The main reason for this is planning permission: detached garages require ‘change of use’ planning permission if you are converting them into a habitable space. On the whole, if you aren’t altering the structure of the building, you probably won’t need to seek planning permission. However, if you live in a listed building or conservation area, it’s always best to check first.