Hi Guys,
Will installing a solar power system on my current home increase the property value at all? Or would the cash be better off spent on bathrooms etc?
Kind Regards
David Parrington
Generally not – valuers will generally disregard them on valuations too as there is no evidence to show they increase value. Pools are similar – they are highly subjective so they don’t necessarily increase the value of the property.
Renovating your bathroom on the other hand is generally a great way of increasing value in the property – just compare the costs vs what a property with a renovated bathroom is worth to make sure you don’t overcapitalise.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
Thank you Corey
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