Top 10 Ways To Increase The Value Of Your Home
b'ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\\n\\n\\n\\n\\n\\n\\n\\n\\n{"@context":"http:\\\\/\\\\/schema.org\\\\/","@id":"https:\\\\/\\\\/onproperty.com.au\\\\/top-10-ways-increase-value-home\\\\/#arve-youtube-zpshbk56nmy659a0b2e32db8363629960","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/ZPSHbK56NMY?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\nHere are 10 of the top ways to increase the value of your home. Everything from adding a room, to getting a better real estate agent.\\n\\nLet\'s have a look at the top 10 ways to increase the value of your home. Hey, I\'m Ryan from onproperty.com.au, helping you find positive cash flow properties. Active investors actually go ahead and they try and increase the value of their home or of their investment property above and beyond what the market is doing. So rather than just purchasing a property and hoping that it goes up in value over time, you can do things to your property to increase its value and that\'s what we\'re talking about today.\\n\\nNow, I\'ve called this "The Top 10 Ways to Increase the Value of Your Home", but this can apply to investment properties as well and it\'s not like you should do number 1 then do number 2. You need to assess which of these is best for your situation because given your property, given your circumstances, given your strategy, one maybe better for you than another. So let\'s go through, have a look at these and hopefully these will give you some ideas.\\n\\nOne of the top ways to increase the value of your home is to actually add a room to that home. Now, that could be adding a room within the existing structure just by changing the layout or it could be adding a room by doing some sort of extension on to the property. Adding a room can be a great way to add value to a property. If you can take a 2-bedroom house and make it a 3-bedroom house, then that\'s likely going to appeal to a broader set of the market and people are going to be willing to pay more for a 3-bedroom house than a 2-bedroom house. Same if you go from 3 to 4 bedrooms. Now, this can change depending on your area.\\n\\nWhether or not you actually want to add a bedroom. Obviously, if you\'ve got a 5-bedroom house and you\'re adding a 6th bedroom, that could actually not add as much value as you would think because there\'s less people that would want a 6-bedroom house compared to a 5-bedroom house in a lot of areas.So you need to assess your market and we\'ll talk through this, but understanding what the market wants and giving them what they want is really important when it comes to increasing the value of your house. So, first thing is adding a room. If you can do that within the existing floor plan, existing structure, then that is great. If not, then look at potentially doing an extension to add a room.\\n\\nNumber 2 would be a kitchen renovation. They say the kitchen is the heart of the home. One of the most important places for you to put on a show for anyone looking to purchase or rent your property. If you have a nice kitchen, then that can increase the value of your home. If you have a really bad kitchen, that can decrease the value of your home. So the kitchen is a very important spot and if you\'ve got a poor kitchen, that is something I would definitely look at.\\n\\nNumber 3 is bathroom renovation. From what I\'ve heard, this tend to be more expensive and can deliver less of a return on investment than a kitchen renovation, unless you\'re very smart with it. So, be careful here, but a good bathroom renovation can make a huge difference to a property.\\n\\nI have been to so many properties and they\'ve got these old, pink bathrooms and let\'s face it; in this day and age, who wants to live in a pink bathroom? That can easily be fixed through a minor renovation. Get some tile paint, paint over those pink tile or change the vanity in there at the same time. You could do a minor bathroom renovation to update it...'