- SidParticipant@realnestJoin Date: 2015Post Count: 2
Is it a good idea to add an extra W/C(Toilet) in a laundry area, while thinking of renovating Bathroom and Laundry?JaxonParticipant@jaxonaJoin Date: 2014Post Count: 284
Good Idea Financially?
the simple way to work it out is
value of property now
cost to do reno
value of the property after.
then that is a really clear and easy way to break it down, even get quotes for the job.
for e.g. a client of mine had a converted garage bedroom we did a $15,000 reno on it and added a private ensuite (shower/Toliet) the rental return went from $180 to now $300 per week so really good return in that specific case.
Jaxon AverySidParticipant@realnestJoin Date: 2015Post Count: 2
Thanks Jaxon, very simple/precise explanation, appreciated!JaxonParticipant@jaxonaJoin Date: 2014Post Count: 284
My pleasure Sid,
I actually sent you a private message with my details if you have any specific questions, if you write them down I am more than happy to provide some answers and even carve a clear path for you.