How to add value with home improvements
- Don’t over-capitalize – In an area where the average price of a house may be R1m. Your 500m2 extension with a Jacuzzi on the upstairs bathroom may sound like a good idea and even be affordable but will you get your money back?
- Think about the neighbors – Your Jacuzzi in the middle of the front lawn may be appealing for you, but a buyer would look at it and wonder about privacy. Remember to accessorize for the general person.
- Value for money – In the end, it is your home and what you feel is value for money is your choice. All we would say is consider the resale value of your investment when considering a further loan
- Quality – Sometimes cheap can be very expensive, research you contractor’s thoroughly to make sure that you are spending your money on quality work