arbus replied to the topic Value of Building a House in the forum Value Adding 12 years, 2 months ago
I was trying to avoid body corp as I am not selling the properties. But it might cause more problems then it is worth having shared amenities?
arbus replied to the topic Value of Building a House in the forum Value Adding 12 years, 2 months ago
Also the properties are side by side. So would adding a general recreation area for example add overall value? ie. all tenants could use 1 pool, bbq, etc. Even though they are on seperate titles.
Maybe design it in a resort style?arbus replied to the topic Value of Building a House in the forum Value Adding 12 years, 2 months ago
Type of house I was looking at was just standard brick 4 bedroom from Dixon Homes, etc. Price to build is around the $130K mark. My estimate of $150K completed might be a bit on the low side.
I already own 4 blocks of land which I am looking to build on. I own them outright. They are located between Brisbane and the Gold Coast.
So my quick…[Read more]
arbus replied to the topic Value of Building a House in the forum Value Adding 12 years, 2 months ago
Is that how a bank valuer would look at it?
I have been looking at other houses for sale and many seem to be wanting more then house + land costs. Or maybe their houses really cost alot more to build?
I am thinking about building a house and landscaping, etc. But will I lose value? or gain value?
Is there any formula for building and adding…