Like New: Hire a Skilled Perth Plumber to Help Spruce Your House Up
Homes get old and sustain damage over time. Usually, people let their homes stay as they are until something major needs repair. However, Australians seem to have gotten over their hesitation about home improvement. Michelle Hele recently wrote an article for News.com.au about the renovation trend going on in Australia, especially in Perth:
“Perth residents are paying more than any other city for their home renovations, even though prices dropped by more than 14 per cent in the past year.
Gavin Hulcombe, of Herron Todd White, says the right renovation, on the right property, in the right location can ultimately impact sale price and add value well in-excess of renovation cost.”
The cost of renovation depends on the demand, and the increase of prices is a good sign for the renovation market. Why the increase in demand, however? There are two reasons why homeowners decide to renovate their homes: the first is to make a home more comfortable, the second is to improve it enough in preparation for selling.
For those looking to sell, it is pretty much the same, aside from some other considerations. One is a potential buyer’s tastes. Some people like traditional houses and others would go for a more modern look. The other thing to think about is how much you can spend on it. It would defeat the purpose of renovating to sell, then losing money on the deal itself. For example, it is possible to renovate a home’s plumbing in Perth on a budget, and to that end, you will need to contact responsible contractors like Plumber Perth to do it for a reasonable price.
In the end, you should think of how much you think your home will be worth after the project and consider how much you are spending on it. Keep this in mind when thinking of renovation projects, especially in the Perth area.
(Source: After hitting decade lows spending on home renovations is preparing to surge again, News.com.au, June 30, 2014)
