It Is the Right Time to Renovate
Anybody who’s been watching the Perth property market over the past couple of years will have noticed that housing prices have definitely taken a tumble. Last December, industry reports announced that local property prices in late 2016 now reflected those from early 2013 after having fallen for a record seventh quarter in a row.
As a result, many Perth home owners are choosing to stay where they are and opt for a home renovation instead. After all, it’s far cheaper to renovate a home than to sell it, as there are no stamp duty fees or real estate commissions to pay. And with the market being the way it is at the moment, chances are you’re going to get far less money than what your house is really worth – if you can sell it at all. Renovating also adds value to your home, should you ever wish to sell down the track.
Now’s also the best time to renovate because it’s cheaper than it’s been for more than a decade. With prices being so competitive in the local building industry these days, it’s a fantastic opportunity to get a quote (or two). Because that renovation you’ve been thinking about for ages might actually be more achievable than you think.
If you’d like to have a chat to one of our team about your home renovation ideas, give us a call today on 9414 1879. And we’ll see if we can turn that dream into a reality.