About four million people in Britain have attempted difficult DIY tasks on their own in an effort to improve the value of their home, new research claims.
A study by home insurance specialists LV= found four million people have tried electrical jobs, more than three million have attempted plumbing and over one million have made an attempt at structural work like removing walls. Potentially dangerous work involving gas has been taken on by about 450,000 homeowners.
In most cases the work was started due to tighter financial restraints during the recession, but a separate report said refurbishments, in most cases, fail to add to a property's value.
A study of estate agents found 69% of decorations carried out had no effect on property price, with a similar number claiming landscape gardening had made no difference to the asking price.
About a quarter of estate agents also said that fitting a new kitchen in a house failed to provide a significant financial boost.
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