Home improvements should be targeted at areas where the value added to the property is greater than the cost of the project, with loft conversions working out at better value than loft insulation, claims research by Halifax.
To maximise the potential of DIY projects, the building society recommends homeowners choose their home improvements carefully as the wrong choice, or a poor quality job could reduce the value of a property instead of increasing it. The research, part of the annual Halifax Home Improvement Survey, reveals 29% of respondents believe a new kitchen adds most value to the home, with double glazing and a conservatory coming joint second with 8% each. Most valuable home improvements judged by public RankRoomNumber of people (%)1. Kitchen292. Double Glazing83. Conservatory84. Extension/ extra ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
