Attic Conversion Into a Bonus Room and Home Office
One way to maximize space in your home is by converting your attic into a bonus room. But is it affordable? Can you get your money back? Watch the process and get the answers in this DIY Network video:
The homeowners converted their attic space into a bonus room and home office and also converted unused space under the eaves into built-in cabinets constructed from plywood. They set their budget at $9,000 with the following project breakdown:
- New drywall
- New wiring and insulation
- New windows
- Hardwood floor
- Fresh paint
- Stone veneer chimney
- Home office
- New lighting
- Custom built-in cabinets
The attic conversion added $23,000 to the value of this home. How did this compare with their actual remodel expenses?
- Insulation: $500
- Drywall: $1,700
- Flooring: $4,000
- Windows: $550
- Paint: $100
- Chimney stone: $600
- Railing: $950
- Built-ins: $1,400
- Lights and electrical: $300
- Building materials: $700
- Permits: $200
Total cost of this attic conversion was $11,000 ($2,000 over budget), but the net gain was $12,000.
