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  • Profile photo of David ParringtonDavid Parrington
    Participant
    @davidparrington
    Join Date: 2017
    Post Count: 13

    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

    Profile photo of Corey BattCorey Batt
    Participant
    @cjaysa
    Join Date: 2012
    Post Count: 1,010

    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 Me

    Investment Focused Finance Strategist - servicing Australia-wide

    Profile photo of David ParringtonDavid Parrington
    Participant
    @davidparrington
    Join Date: 2017
    Post Count: 13
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