Renovate or Renovated: Which is better?

Fixer-uppers could be diamonds in the rough.


This is why first-time homeowners are drawn to purchasing old,
dilapidated properties for cheap in the hopes of being able to
increase their market value. 


However, contrary to popular belief, not all renovations are
worth the time, money, and effort you’re going to spend.


In today’s episode, we’re answering the age-old question: should
you renovate or not?


We also discuss what to consider when buying a renovated home,
the importance of engaging a project manager, various building
codes, and more!


If you enjoy the show, do like, rate, subscribe, and share it
with others! We have loads of resources available and if you’d
like to chat, email us at support@homebuyeracademy.com.au!


We’ll see you on the inside! 


 


Episode Highlights: 
Identifying potential-rich properties [03:26]
Adding more than just monetary value to a home
[09:53] Why every renovation should have a project
manager [14:50] Paying attention to building codes
[21:19]  What to look out for when buying a
renovated home [25:42] The additional cost of
renting while renovating [30:44] Making the choice
between renovating and buying a renovated property
[32:35]

 


If you enjoyed today’s podcast, don’t forget to subscribe, rate,
and share the show! There’s more to come, so we hope to have you
along with us on this journey!


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