Wimbledon is a great place to spend your summer if you’re into tennis, especially since it’s around the time when the Wimbledon Tennis Championships are on. Well, forget simply staying or visiting that London district for summer or during tennis events. Fact is that Wimbledon is an excellent place to spend a whole chunk of your life in.
Why is it so, you say? Well Wimbledon is not just your typical London suburbia. It takes pride on two things. The first and most obvious would be the aforementioned Wimbledon Tennis Championship and the renown and recognition among sports fanatics it brought the district. The second is Wimbledon’s historic value. You see, the place has been inhabited since the Iron Age. The original settlement gradually evolved and eventually survived as “the village”, which is currently a premium residential sector notable for its antique Medieval houses.
Wimbledon has more than Tennis and History to be Proud Of
If you’re into real estate, then you probably have already figured out what this means. If not, then here’s the catch: the tennis events plus the district’s historic value increases Wimbledon’s land value, that is, the price for every square inch of land. Naturally, homes built in the district end up a lot more expensive than the price it cost the homeowner to build it.
Undertake Loft Conversion to Increase Your Property Value
If you are a resident of Wimbledon, it is very advisable for you to take advantage of this by further increasing your residential property’s worth. How to do so is quite an easy question that can be so easily answered by these two words – loft conversion, Wimbledon residents’ arguably best and most affordable option to improve their homes’ value as well as their already above average living conditions.
How Attic Conversion Increases Your House’s Worth
So what does loft conversion do to your home such that your real estate’s net worth gets an increase? The sole reason for that is that it increases the functionality of your home. Other home extension methods do likewise, so how can this be so different? These other methods, such as single storey extensions can be said as “justified”. A new adjoined structure was built and you just made your house occupy a bit more land, so it’s just natural for it to get additional functionality and a price increase.
On the other hand, you almost leave your home as is in loft conversion. You don’t expand it nor give it drastically noticeable changes yet you get similar effect as single or multiple storey extensions. You simply set your attic up as a new livable floor, without much masonry and carpentry going on. That should also mean that your house gets more use for what little land area it occupies. It is so economic and efficient, and real property appraisers love just that. In fact, with loft conversion, Wimbledon homes’ values can rise up by around 20% or a whole lot more.
Loft conversion may sound like mere luxury to some who don’t need extra living space. However, it is not simply so. With loft conversion, Wimbledon residents can actually find themselves reaping the benefits in the long run with the corresponding increase in property value. Money well-spent indeed.