News - 1 in 5 home owners make a conversion

May 31, 2007 by kotoman

One in five home owners have converted lofts or other areas into living space, partly to increase the value of their house, according to new research today.

A survey of 2,000 adults by AA Insurance found that attics were the most popular areas to be converted into a room, although some people transformed sheds or garages into a work space.

The average cost of a conversion was £10,300, although many of those questioned said they had spent less than £5,000 on the work.

Extra space
Janet Pell of AA Insurance said: ‘Many homeowners relish turning unused or ugly areas of their homes into liveable rooms as it means more space for family and less dusty boxes and clutter.’

source: Which