But there are many hidden costs that you may not be prepared for.
How much would it cost to convert an attic into a bedroom.
While converting an attic into a living space can carry a hefty up front price tag the remodeling costs could end up being an investment that increases your home value.
While finishing an attic is one of the more expensive home improvement projects it also boasts one of the highest roi s.
You ll pay more for larger rooms or if you need to install a window.
Some of these are obvious such as the size of your loft what style of furnishings you will buy and the cost of windows.
The average attic remodel including a 15 foot dormer for extra headroom costs 49 438 as of 2014 according to a report by remodeling magazine attic living area.
The average attic renovation cost is 40 000 50 000 to convert it into a living space such as a bedroom office or a bathroom.
This includes aspects like finishing flooring and painting.
This is why we suggest that you use the services of vetted tradesmen for the job.
Converting unfinished attic space into a 15x15 foot bedroom and a 5x7 foot bath with shower as well as a 15 foot dormer for head room four new windows closet space insulation finished ceilings and walls electrical wiring and lighting to code and adding a rail and baluster to an existing stairwell costs an average of 41 389 60 135 according to hanley wood however some estimates for extensive work converting attic space into an upscale living area are as high as 80 000 90 000 or.
The price to convert an attic to a bedroom is 8 000 to 30 000.
According to the national association of realtors converting attic space into a bedroom that includes a small bath has a national median cost of 65 000 and retains 61 percent of its value when the home is sold.
The cost of converting attic to bedroom space will depend on many factors.