Money Magazine

Preserve value in a downturn

The value of your property is determined by many factors, including the size, condition and location, to name a few. Obviously property valuations fluctuate and reflect economic conditions.

Some property investors across Australia have been left feeling a little bruised due to the recent market downturn. So, it is important to remember that being proactive ensures your property remains in tip-top shape. You will prevent your investment from deteriorating, and instead retain and perhaps improve its value.

As a homeowner always living in the space, it can be difficult to recognise immediate concerns, and a fresh pair of eyes may be needed to assist in identifying areas in need of improvement, maintenance or even potential additions. All of these contribute to your property value staying on track.

A home valuation

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