Real Estate Articles

Articles about Real Estate Brokerages, Real Estate Investments, and Real Estate Markets.

Real Estate Articles

Why Do I Need A Basement Conversion?

Sep. 14th, 2010
in Real Estate
by Steve McStea

Bookmark and Share

Subscribe

Why Do I Need A Basement Conversion?

Why to have more of what every family wants, which is living space of course! Even if you have been busy extending and converting your existing house with conservatories and lofts, you can never have enough living space, and a basement conversion definately gives you more of that, in an amazingly practical and often discrete way.

Living space is key to the pain free functioning of any family home, and a basement conversion gives you this in an extremely flexible and configurable way. Our personal favourite is the indoor basetball court and swimming pool of course!

Depending on your budget, shifting some dirt really can unearth the potential of your home. You may well find that by using the garden as well you can increase your living space by at least 2 rooms and possibly even double it! Now THAT is a return on your investment.

Who Has A Basement Conversion?

Converting basements was a natural progression from your loft or conservatory extension, but it is tailored to those who have invested in inner city locations, where space is at a real premium.

According to Steve McStea from Advantage Basement And Cellar Company, the idea is spreading to those families who find themselves facing fierce competition for schools and services, and who want more space without needing to move house.

Steve McStea from the Advantage Basement And Cellar Company reveals that over 90% of their clients are families with children living in inner city areas. They need more living space but really do not want to have to relocate.

Potentially you do not even have to own your house, there can be serious amounts of space under the floorboards and in the ceiling of your rented flat or apartment.

Can I Have A Basement Conversion?

The time it will take to find out if your current property is a viable candidate for a cellar or basement conversion is well worth the effort. Most properties are able to have either an existing cellar converted, or a retrofitted basement.

Those who own modern town houses or modern terraced houses are in the unlucky minority.

How Much Is It Going To Hurt My Wallet?

The cost of a conversion project really does depend on your current situation, property and expectations.

Typical costs can range from 200 to 250 per sq ft to convert an existing cellar space, or 250 to 300sq ft to retrofit a basement space with advance piling techniques.

According to Steve a 20′x20′ basement in a London terraced house will typically cost between 150,000 and 200,000. These prices may sound high, but with housing costing over 1000 per sq ft in certain areas of Central London, a basement conversion could be the most cost effective solution to your space problems.

Want to find out more about basement and cellar conversion?, Visit us for more london basement conversion information.

Bookmark and Share     Subscribe