However, a recent study suggests that British homeowners fail to make the use of available space around their property. The study was carried out on behalf of Talk Talk and more than 2,000 homeowners in the United Kingdom were involved.

The results suggest that 15% of the average home isn’t used. If you extrapolate this across to financial figures, it equates to £34,000 of the average home not being used. This is a sizable asset not in use, and considering the monetary value of the unused property is likely to make people sit up and take notice.

Do you waste space at your home?

While this amount of space being wasted may come as a surprise, the rooms which are most commonly underutilised will not be, with the following rooms featuring prominently in the findings:

• Loft space or attic
• Spare room
• Garden shed

Other studies suggest converting a loft into a living area can increase property value by as much as 20%. This is a boost that most homeowners would love to see, and it can help make a home more appealing to likely buyers. Given the competitive nature of the property market, it is essential for homeowners to improve their property as to better appeal to likely buyers.

A converted loft space transforms a home

Therefore, converting a loft space into a living area makes sense. If you plan on converting space for your own needs and purposes, you’ll have a clear idea on what you should do with the space. However, if you plan on converting the space to help you sell your home, it is vital you consider what buyers in your area are looking for.

It is always best to make changes with a buyer in mind, and this is where Austin Property Services can assist you. We have helped many local vendors sell their home, and we look forward to assisting you with the sales process. We know what buyers in your area want, and how you can best appeal to them.

Depending on the size, location and price of your home, there will likely be a type of buyer who is drawn to the property. A young professional looks for different features and elements compared to a downsizing couple or a family. Loft space or a spare room can be utilised in many ways, but it is best to transform a room with purpose, as this will ensure you are more likely to attract attention from buyers.

At Austin Property Services, we are pleased to say we have helped many local vendors sell their home, and many have improved their property along the way. If you are worried about wasted space at your home, and you want to improve your property when reaching out to buyers, contact us and we will be more than happy to assist you.