Renovating is an effective way to increase your profit. However, it can be a risky undertaking. If you don’t strategize properly, you might end up spending more than you are earning.

In today’s episode, I will share with you the science behind maximizing your profits through renovation. I will also talk about the opportunities on how you can increase the value of your property. If you are in the middle of a renovation or about to start one, make sure to listen to the whole episode to save yourself from throwing money down the drain.

What we discussed in this episode:

1. How to you plan a sound strategy so you can make a real profit from renovating.
2. What is “cosmetic renovation” and how it can increase the functionality of your home.
3. How do you add bedrooms with an existing footprint
4. Remove the redundancy of dining rooms
5. How to maximize space of the old-style bathrooms
6. What is the difference between real value vs. perceived value
7. When do you remove, replace or recycle
8. How can styling add value to the property

 

Do you like listening to this episode?

Connect with me on The School of Renovating and tune in to the She Renovates Podcast. You can also reach me through Twitter, Instagram, and LinkedIn.

Download a copy of my booklet, Renovations for Profit.

Thank you for listening!