With even more bank holidays coming up, a third of us face the prospect of spending half our salary at the DIY shop and devoting valuable holiday time to the state of the spare bedroom. It's worth taking a breath and asking one quick question:
Will your home improvements make your home worth more - or will they actually damage the value of your property?
A survey by Topps Tiles found that 75% have no idea of the improvements which add the most value. When asked to guess which project was worth the most they plumped for a new kitchen, followed by an extension and a new conservatory. In fact all these answers were wrong: a loft conversion is a clear winner.
The loft conversion adds an average of £20,876 to the value of a property.
Men are slightly more clued up on what adds value to a property than women. Some 29% of men correctly identified a loft conversion as the home improvement that adds most value compared with only 19% of women.
Loft conversion expert Econoloft said: "As a general trend, women tended to think that improving the interior of their home would add the most value, whilst men tended to opt for home improvements that create more rooms and space."
Will your home improvements make your home worth more - or will they actually damage the value of your property?
A survey by Topps Tiles found that 75% have no idea of the improvements which add the most value. When asked to guess which project was worth the most they plumped for a new kitchen, followed by an extension and a new conservatory. In fact all these answers were wrong: a loft conversion is a clear winner.
The loft conversion adds an average of £20,876 to the value of a property.
Men are slightly more clued up on what adds value to a property than women. Some 29% of men correctly identified a loft conversion as the home improvement that adds most value compared with only 19% of women.
Loft conversion expert Econoloft said: "As a general trend, women tended to think that improving the interior of their home would add the most value, whilst men tended to opt for home improvements that create more rooms and space."
