Finding the right contractor is essential in making high-end and high-value renovations. But finding them is a tough job these days, which is why I’m sharing with you some techniques on how to spot the perfect contractor for all your renovation needs. 1. Interview Local Building Inspectors Let’s face it: few investors ever think of
Carrying out renovation on your investment property enables you to enhance the functionality of the space while boosting its value. Whether you have decided to fully refurbish your entire commercial property or just make some minor improvements, you need to consider budget first. Funds have always been an obstacle when it comes to home renovation.
Property renovation projects can be a gold mine of great materials if you know what to look for. Here are 7 objects which are “better than new” even when salvaged from a build site. 1. Hardware and Accessories Out of all the 21 century sayings nothing is more true that the phrase: “they don’t make
People always want to know about things that could add value to their home, but rarely do they think if their actions and some external factors might be the one impairing the price of their property. Read on to find out 7 things that secretly kill the value of your home.
1. Add more space Contrary to popular belief, it’s not the number of bedrooms which adds to the value of a house- it’s the total space which does. So if you want to double the space of your property and also add a substantial amount of value into it, the most advisable projects to take
We have an age old saying that “beauty is in the eyes of the beholder.” This simply means that beauty is subjective, and what might be beautiful for one person isn’t necessarily the same for other people. Well, this might be true for physical beauty, but I can’t say the same for real estate properties.
What I’m trying to say is that in real estate, the house speaks for itself. If it looks nice then you’ll definitely catch a good price, in good market conditions, but if it looks bad then prepare to wait a very long time before your property gets an offer.
1. Make it “pop”
Making it “pop” simply means giving houses you’re renovating the “wow” factor. While you don’t need to make the entire property “pop” (for reasons that will be explained later), you will need to focus your efforts on 3 key areas in the house which are the: entrance, kitchen, and bathroom.
The UK property market continues to be ripe with opportunity. Whilst the heady days of double digit growth are behind us (perhaps excepting London) there is still plenty of profit available for investors willing to put in the hard graft. Buy to let is a popular avenue for property investment, and as a passive investment is a perfectly safe and sensible option. Returns are usually in the 3-6% bracket once costs have been accounted for, and it requires little input on the behalf of the investor. However, if the bottom line is what you’re chasing, renovation can boost your income and the value of your house. It will require time and effort, but done right it should increase your income and your properties value.