Real Estate Investor Magazine December/January Edition 2024 | Page 134
By Neale Petersen
With property prices soaring , many first-time buyers , averaging 37 years old , are turning to fixer-uppers as a more affordable entry into the market .
Renovating a home on a budget can be a smart way to increase its value , but it requires careful planning to avoid overcapitalising – spending more on renovations than the property will return upon resale .
FINANCE
Smart Renovation on a 9 Expert Ideas to maxim property without oversp
By Neale Petersen
With property prices soaring , many first-time buyers , averaging 37 years old , are turning to fixer-uppers as a more affordable entry into the market .
Renovating a home on a budget can be a smart way to increase its value , but it requires careful planning to avoid overcapitalising – spending more on renovations than the property will return upon resale .