Investing in recovery In his third and possibly last Budget before the next federal election, Treasurer Josh Frydenberg is counting on a new wave...
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.
If you are interested in completing a self assessment whether you should fix or not download this ebook https://investorschoice.com.au/shouldifix
#supersizeit #homerenovation #propertyinvestment #realestate