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Is it possible to consider an attic with a compact staircase as a full-fledged living space?

We would like to convert our 2nd floor attic. For now, it's only accessible by a folding ladder.

We would like to install a compact staircase in an existing nook on the 1st floor, this will be the only staircase to the 2nd floor in the future.

How do we make the attic count as a living area afterwards – despite the compact staircase?

• attic