A well-planned and executed renovation can add up to 10% to the value of your home, especially if you hold onto the property for five or more years.

So by spending $20,000 renovating your average $437,500 home you could potentially make over $40,000 double the money you invested.

When it comes to building and renovating, there are a seemingly limitless number of improvements you can make to your home.

Whether you want to undertake a major revamp of the bathroom and kitchen, or create new living space the possibilities are endless. Below are just some of the benefits of renovating:

  •  More space: this is invaluable if you have a growing family, have bought a new car or you simply dont have enough space at present.  By adding an extension or a garage, carport or shed, you will have created space that can be used for entertaining, storage or daily living.
  •   Extra comfort: this is also a benefit of a bathroom or kitchen renovation as these are the two most important rooms in the house in terms of usage and resale value.  By renovating these two rooms, you will instantly ensure that the spaces are better laid out and therefore much more usable.
A building project or renovation of any kind will also ensure that the home is much more attractive, not only for you as the home-owner but for any potential buyers in the future.  You will have increased your resale value substantially as buyers love the thought of moving into a property where everything has already been done for them.