All Topics / Value Adding / thinking to invest some more to increase value

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  • Profile photo of shubhshubh
    Member
    @shubh
    Join Date: 2009
    Post Count: 22

    I am trying to sell my residential property at the outer skirt of Mornington. But because of on going economy crisis, I am not getting the expected rate, so I am thinking to invest some more to increase its value. So, would I get the increased cost soon after my investment in renovation and repairing?    

    Profile photo of crjcrj
    Participant
    @crj
    Join Date: 2004
    Post Count: 618

    how long is a piece of string?  What type of renovations/repairs?  Talk to your agent about what you want to do and whether it will make any difference.  What are other houses selling for that are similar to yours?  If they are in better condition are they selling for more than the current price you can get plus the cost of the repairs/renovations?

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