If you’re looking to add more livable space to your home, remodeling your attic can boost your home’s resale value.
Before you start planning your attic renovation, it’s important to consider the cost of the project and the factors that can impact the overall cost.
How Much Does it Cost to Finish an Attic?
To determine how much it costs to finish an attic, you must keep several things in mind. The cost of finishing an attic can vary widely depending on several factors, including the size of the attic, the style of the attic, the purpose of the room, and the materials used.
On average, the cost to finish an attic can range from $20,000 to $50,000 or more. However, it’s important to note that the cost can vary widely depending on the specific details of your project.
Factors That Impact Attic Renovation Cost
Attic Size
The size of your attic will be one of the most significant factors that impact the overall cost of the renovation. A larger attic will require more materials and more labor to finish, which can drive up the cost of the project.
Attic Style
The style of your attic can also impact the cost of the renovation. For example, if your attic has a high-pitched roof or unique architectural features, it may be more difficult and more expensive to finish.
Purpose of Room
The purpose of the room will also impact the cost of the renovation. For example, if you’re planning to turn your attic into a bedroom or a living space, you may need to install additional plumbing and electrical systems, which can increase the cost of the project.
Material Cost
Finally, the cost of the materials used in the renovation will also impact the overall cost of the project. For example, if you choose high-end finishes or custom-built cabinetry, the cost of the project will be higher.
Why Finish Your Attic?
Despite the potential cost of finishing an attic, there are several reasons why it may be a worthwhile investment.
Does finishing an attic increase the value of your home? Finishing your attic can add significant value to your home. A midrange attic bedroom remodel can provide a return on investment of around 72.5%, which can make it a valuable investment for homeowners who are looking to increase the value of their property.
Second, finishing your attic can provide additional living space for your family. This can be especially valuable for growing families or for those who need additional space for a home office, a guest room, or a playroom.
Since an attic renovation can increase your home’s value, using Curbio to remodel your attic before you sell your home can be the right move.
Curbio can get your attic renovation done quickly, and they won’t charge you for the renovation until you sell your home.
Finally, finishing your attic can improve your home’s energy efficiency. By adding insulation and improving ventilation, you can reduce energy costs and create a more comfortable living space for your family.
How Much Does Finishing Your Attic Add to the Selling Price of Your Home?
When it comes to selling your home, finishing your attic can add significant value to the selling price. This can be helpful if you need to move quickly and are looking to add value to your home before selling.
According to a study by the National Association of Realtors, the national median cost of an attic bedroom remodel is around $75,000, with an estimated resale value of around $49,000, which is a 65.8% return on investment.
However, the actual increase in the selling price of your home will depend on several factors, including the location of your home, the size and style of your attic, the purpose of the finished space, and the overall real estate market conditions.
In some areas, a finished attic can be a major selling point for buyers and can command a higher selling price. In other areas, buyers may not place as much value on a finished attic, and the impact on the selling price may be less significant.
Ultimately, if you’re considering finishing your attic with the goal of increasing the selling price of your home, it’s important to work with a professional real estate agent who can provide guidance and advice on how to maximize the value of your renovation.
What Are the Benefits of Finishing an Attic?
There are several benefits of finishing your attic.
Increased Living Space
Before packing your bags to move to a larger home, you can increase your living space within your current home by finishing your attic.
One of the primary benefits of finishing your attic is the creation of additional living space in your home. This can be especially valuable for growing families or for those who need a home office, a guest room, or a playroom.
Increased Home Value
Finishing your attic can also add significant value to your home. A well-designed and functional attic renovation can increase the resale value of your home, making it a valuable investment for homeowners who are looking to increase the overall value of their property.
Energy Efficiency
By adding insulation and improving ventilation, finishing your attic can improve your home’s energy efficiency. This can help you save on energy costs and create a more comfortable living space for your family.
Improved Storage
A finished attic can also provide additional storage space for your home. With custom-built storage solutions and shelving, you can create a functional and organized space for your belongings.
Enhanced Aesthetics
Finally, finishing your attic can enhance the overall aesthetics of your home. With the addition of beautiful finishes, lighting, and custom-built cabinetry, you can create a beautiful and functional living space that adds character and charm to your home.
Finishing your attic can provide a wide range of benefits for homeowners who are looking to increase the value and livability of their home.
With the help of a professional contractor and careful planning, you can create a beautiful and functional space in your attic that will provide years of enjoyment for you and your family.
Final Thoughts
Overall, finishing your attic can be a valuable investment for homeowners who are looking to add more living space and increase the overall value of their home.
Before obtaining a moving quote and finding a larger home, consider how remodeling your attic can be beneficial. It’s important to carefully consider the cost of the project and the factors that can impact the overall cost to finish the attic.
By working with a professional contractor and carefully planning your renovation, you can create a beautiful and functional living space in your attic that will add value to your home for years to come.
If you are planning on selling your home after your attic renovation and relocating, Agoyu can help you find movers, and compare prices and reviews. Check out the Agoyu app today to get started.
