podcast

6 ways to increase your property's value

Cherie Barber, Renovating For Profit

{{youtube id="7lyvtlMMHY0"}}

 

6 Ways to Increase Your Property's Value Cherie Barber There are a lot of old houses across the country that are screaming out for people to come in and cosmetically renovate them. And this is about really essentially taking a property that looks dated and tired and refreshing it to make it look good new again. The good news is this can be done very cost effectively if you know the changes of where to invest your money and where not to. Some of the key things that I always do in my cosmetic renovations are painting, ripping up the floor coverings, changing the window furnishings, updating the kitchens and bathrooms either cosmetically or ripping those areas out and starting again if the budget allows and certainly from the outside rendering and improving the landscaping. If you can do these things and concentrate on these things alone it's a great way to jack up your property value.

Listen to other instalments of The Smart Property Investment Show:
Episode 78: Savings tactic: how house-sitting helps this couple save money for property
Episode 77: How will the government's changes to tax depreciation impact investors?
Episode 76: SPI portfolio update: what's next for the team?
Episode 75: How travelling cross-country helped this investor buy 9 properties in 6 years
Episode 74: How this investor plans to double his portfolio within 10 years
Episode 73: Bad builders: how this investor bounced back
Episode 72: Policy changes to interest-only loans: what buyers need to know
Episode 71: How this 'stubborn' investor recognised a property lemon
Episode 70: How this investor complements each property and balances his portfolio
Episode 69: Are you a ‘lazy’ investor? Consider the benefits to working with a financial team
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
PAMBULA 42%
2.
MILSONS POINT 41.26%
3.
SPEERS POINT 39.69%
4.
SPRINGWOOD 37.72%
5.
ILUKA 36.3%