There are three key ways to understand the value of your property and keeping them in mind makes it easier to understand how you can add value to your investment down the track. Those three elements are Land, Dwelling and Extras. Let’s step through each of these: Land In some respects, there’s not much you…
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In the life cycle of every property, there’s a time when improvement is needed to keep pace with contemporary living. Sometimes, you’ll undertake a project to prepare your property for sale or to enhance lifestyle so your home fulfills the vision of when you bought it. Before undertaking an upgrade, you must know your motivation.…
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Which renovations will add the most value to your home? That’s one of the most common questions I get asked as a real estate agent. There’s no one-size fits-all answer, as buyer trends and demands will change from one neighborhood to the next. If you’re considering the sale of your current home, then you’ll get…
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We all know what it’s like when your remodeling budget is tight – you compromise on certain materials but still need to make sure you end up with a great result. There are lots of tips and tricks for every room to ensure a successful project, but some are a better investment than others. If…
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Owning a property portfolio is a life ambition for the many Americans who see it as a path to financial prosperity and security. The capital growth of property, combined with rental income and certain tax benefits, make real estate investment an attractive option. Some Americans will invest using a more hands-off approach, taking a financial…
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Good buying opportunities exist in the market right now, and you wouldn’t be the first owner to consider delving into the equity of your home to purchase an investment property. Others may be thinking about using that equity, or even increasing their loan, to capitalise on the Federal Government’s promise of a $25,000 grant for…
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Selling a home is an intense undertaking at the best of times, but your nerves can get on edge when your prospective buyer sends around their building inspector. Any responsibly written “Contract of Sale” will make a successful transaction contingent on the building report. Detrimental findings in an inspector’s report have the potential to end…
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With summer well and truly heating our homes, you’ve probably fired up the air-conditioning unit and decided to worry about the electricity bill later. But there’s a better approach that will add value to your home as well as give you a comfortable living experience. It’s called passive cooling, and it aims to work with…
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Headlines are popping up with increasing regularity that suggest there’s never been a better time to buy a property. Prices that were at a record-growth pace just 12 months ago have levelled out because of Covid-19 – but are expected to move again in 2021 – and the official Reserve Bank cash rate is at…
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So many uncertainties haunt a large-scale renovation project that it’s no wonder most homeowners opt to trade up rather than endure the disruption of building works in their lives. Money is also a key consideration because more renovations run over budget than don’t. Life gets tricky if you run out of cash or the lender…
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