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Investing on Kitchen Renovations
I’d start with looking at what the comparable sales are of the renovated properties and what the fixtures and fittings and the fit-outs looks like for those properties.
Because we’re talking about $12,000 and then we’ve got plumbing and tiling and white goods etc. You’re going to hit $20k pretty quick for that kitchen. But $20k as part of 2 million, we’re talking like a 1% cost you know of what the property is.
I think the thing is that the kitchen in itself is going to be a selling strategy. Just work out how much you need to spend on it. And it’ll be around those comparable sales of properties that are in your suburb.
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