Per Loftway.com, The leading Loft Sales Company in the Los Angeles area,”There are several benefits of living in a loft. It’s a wonderful place to call home and for a number of reasons. The big picture about loft living is that it’s in a great location, offers extensive customization, and is usually less expensive than other types of traditional living spaces.
What is a Loft, Anyway?
So, what’s the difference between a loft and a condo or an apartment? Well, it’s really about style. Lofts are typically converted living spaces. Meaning, a developer transforms a commercial space, such as an office building or a manufacturing building into several residential units. But, instead of going for an all-out conversion, like those found in condo units, lofts are open-concept spaces. Meaning, there are few walls and therefore, no dedicated rooms, such as a defined living room, separate bedrooms, and other partitioned spaces.
How Much does it Cost to Live in a Loft?
Living in a residential loft is generally less expensive than living in a condo. This is due to the fact lofts aren’t finished out. So, they are usually less costly to purchase or rent. (However, one caveat is utilities are generally a tad more expensive, due to the very nature of lofts, which are open and a little less energy efficient. Although, this does not truly apply to all lofts.)
Benefits of Living in a Loft
With this information about lofts, let’s take a look the biggest benefits of living in a loft:
1. Since lofts are typically converted commercial space, they are more often than not located in a terrific area -- right in the heart of the action. This means, lofts are generally located in a downtown district, near public transportation, and also close to entertainment, shopping, dining, and more.
2. Open space. Perhaps the most attractive aspects about lofts is the fact most are wide open spaces. Usually, the kitchen is the only “defined” space. So, you enjoy an open concept that offers great visual aesthetics and traffic flow.
3. Since lofts are generally open spaces, it’s simple to create dedicated spaces which blend into the ebb and flow of the overall floor plan. With just a little decor and some color, you can customize a loft with little time and effort.
4. Ease of reconfiguration. The open space also means that it’s easy to reconfigure. Put another way, if you created defined spaces, it’s a cinch to redefine said spaces on the fly. You’re free to change things up at any time.