The research, conducted by Anglian Home Improvements, quizzed UK estate agents on the tweaks and additions that would bump up the price tag of a home.
An open-plan living space is the most lucrative home improvement to make according to the pros, with an average added value of £46,503.94; this is closely followed by a loft conversion (£24,254.45), an extension (£6,455.57), new kitchen (£3,508.92) and conservatory (£3,155.27).
Interestingly, the five improvements homeowners consider to be of the most value are a little different: around a quarter (27%) think an extension or a new kitchen (25%) will add the most £ to their property, followed by a loft conversion (15%), installing new windows (8%) and fitting a new front door (7%).
Speaking about the findings of the research, Costas Kariolis, Head of Digital Marketing at Anglian Home Improvements, said: "We all have an idea about what helps to sell a home, but it was interesting to see how accurate these opinions really are. While some renovations, like creating an open plan living space, add lots of value to a home, other features, such as garage conversions and new bathrooms, are less profitable investments. It’s important to keep in mind exactly what people are looking for in a new home. Curb appeal should always be maintained and adding new windows is a great way to impress potential buyers or tenants".
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