Energy saving measures 'the most valuable home improvements'

Halifax carried out the study into home improvements New research has claimed that the most valuable home improvements are those related to saving energy.The addition of energy saving measures to a property offers the best return on investment of any home improvement work, according to a new report.

Research by Halifax found that fuel or energy efficiency systems can add over £4,000 to the value of a home, while costing just £1,722 on average to install.

Other improvements that were found to be valuable included ones related to home security, redecorating and loft conversions.

Stephen Noakes, commercial director at Lloyds Banking Group, said: "This research has shown that it is often the low cost, straightforward home improvements that are perceived to add the most monetary value to a home.

"These can be simply carried out at minimum expense and without the need for specialised tools or materials."

Recent research by Key Retirement Solutions found that home improvement work was the biggest reason why people choose to release equity from their properties. ADNFCR-2394-ID-19261646-ADNFCR

Article Added: 13/07/2009 11:28:27

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