New report finds buyers routinely underestimate renovation costs while overlooking the potential six-figure added value offered by new build homes Home buyers choosing a renovation project in the hope of getting better value could face costs of over £170,000 to bring it up to the standard offered by today’s new build homes, research by the Home Builders Federation (HBF) shows. The report reveals a significant gap between the perceived value of a ‘fixer-upper’ and the reality