The number one question of every homeowner when they’re planning a home conversion or extension in Fife or Edinburgh is the same: “So, how much will it cost?”

While it would be nice if there were a simple answer to this inquiry, there isn’t.

After all, there are so many different factors involved in every project and no two are quite alike. As such, the cost of your loft conversion will differ significantly from any other loft in any other home.

However, this doesn’t mean that there’s no way to understand the potential/probable cost of a conversion or extension before getting started. In fact, there are several key factors that will influence the cost that you can plan for ahead of time.

As you can imagine, a conversion often costs less than an extension because you’re using existing space in your home rather than constructing an entirely new space. But in either case, the most influential factors remain the same. So without further delay, let’s discuss each!

1.Size

Size is one of the simplest ways for contractors to estimate what an extension or conversion will cost because it’s simple to estimate the materials that would be needed and roughly how long it would take to build. However, size isn’t always the most accurate measurement.

After all, there can be several unexpected issues that arise with the structure of a home or other unforeseen issues as construction goes underway. As such, size is a great place to start with cost estimates but shouldn’t be used as an incredibly precise prediction.

2.Materials

The materials you choose for construction and finishing purposes can also influence cost, especially if you’re using the highest quality finishes in your new space. Luckily, it’s simple to predict how much custom cabinetry or a new floor will cost. This gives you a simple way to tack on additional costs to the estimate to be more prepared for what’s to come.

3.Individual Estimates

If you’re working with a skilled contractor, you should be able to attain detailed costs for every element of the project. This means you’ll know how much each professional will cost as well as the costs of labour and required materials.

As you can imagine, an individualized estimate is the simplest way to determine the cost of your garage, attic, or loft conversion. And as such, it’s important to find a company that can offer this kind of insight to ensure you’re prepared with the full range of what you’ll be expected to spend.

Always Leave Room in Your Budget for Unexpected Costs

Even the most skilled and experienced team can run into unexpected costs during the completion of your project. As such, it’s recommended that you take the estimates you’re given and add 20% of the initial estimate to the total cost for the best idea of what your conversion or extension will cost.

Doing so ensures that you’re prepared and don’t run out of money in the middle of a project (which is every homeowner’s worst fear).

Contact Management Joinery Solutions for an Accurate Estimate for Your Project

If you’re considering a loft conversion, garage conversion, kitchen extension, or any other common space addition to your home, Management Joinery Solutions can help.

We provide carefully detailed estimates to ensure you’re prepared prior to any work. By using our team-based approach and in-house staff, we’re able to provide solutions that remain on time and on budget as well.

Contact us on 07772608248 or contact us online to open a conversation regarding your potential project. We would love to discuss budget and more with you to give you peace of mind to make the changes you’ve always wanted to your home!