You must also consider what you want to do with the space that's present in your attic at the very moment. You may also wish to expand your attic while converting it and this can be done properly as well. Should you find any specific task that you want to complete after that, it would also be ideal to prepare them ahead of time. In a project such as this one, timing is everything and an experienced contractor would know how to work things out on schedule.
In the current climate many people are looking to make the most of their current home rather than struggle to find the money to move to a bigger property. And while there they want to do all they can to safeguard against any future dips in the housing market.
Before heading into a renovation it is vital to know exactly what you are getting into, or at least as much as possible. After you have cleared all the clutter, furniture and cobwebs out of the space take a close look at every square foot of the room. You are looking for signs of critter, bird or insect intrusion, mold, rotting wood, asbestos (depending on the age of the house) and the general condition of the space. If you suspect there is asbestos please be sure to contact a professional to come and test your insulation, as asbestos can be harmful to your health. Check to see if there is insulation under the subfloor. If the walls are dry walled, cut out a small hole in each wall to check for insulation.
Don't forget to incorporate the position of electrical outlets. Use the elements of the attic to your benefit. If there are load bearing vertical beams positioned in odd places, consider using them for the construction of a bed, desk or shelving. Some large older homes are duplexed or split into condos. If your situation fall under one of these headings, and you share a party wall, it may be necessary to gain permission from the owners association or neighbor.