Resale Value

For maximum potential gain from your property investment, it is necessary to take into consideration future prospective buyers of the home.

There are many simple things that can make a big difference to the value of your home when the time comes for you to sell.

When searching for that perfect investment property, take into account the block itself. This should be as level as possible. Leveling a block can be expensive, and may cost you money, either by having to pay to have the block leveled, or because if left unleveled, it may turn off prospective buyers who do not wish to do it.

Try to avoid paying too much extra for blocks that have been highly landscaped. This is an area where you will possibly lose money, as others may not place as much value on this as you do.

The size of the yard is also worth some consideration. A family home will be more desirable to a larger number of people if it has a decent sized backyard to accommodate children and pets.

For inside the home, importance is placed on the number of bathrooms. Two bathrooms is always better than one, but the value of the number of bathrooms will be directly linked to the number of bedrooms. Having 3-4 bedrooms will generally be the most popular number in a family home.

Storage space is a factor that will be valued by many families. Cupboard space should be looked at, including built-ins, walk-ins, linen closets and any extra storage space.

Keep in mind the future potential buyers when searching for your own property, for the best possible investment.