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.