The real secret to revalue a property with restructuring

Reassess a property with restructuring

How can you increase the value of a property?

 

When you find yourself in restructure a immobile to sell it, you have to know how to set all the work correctly and not make mistakes.

Even the choices you make in the process of restructuring, indeed, help define the relationship risk / return of yours property investment.

If you make incorrect assessments You can affect your operation and run the risk of not earn As desires or, worse, lose part of your capital.

In this article I'll explain what the most important elements you have to consider in the process of restructuring to make "commerciabile"Your property.

 

Before getting to the heart of I want to make clarification: here I'll assume you've already completed the previous step, that is the first major phase of an investment, in which you have carefully chosen property and making sure you have acquired all the technical aspects, legal and tax operation.

I therefore speak directly of second phase an investment property, when you put in place actions to improve and revalue property, so as to offer it on the market at a interesting price potential buyers.

There is one important thing that needs signing clear: a savvy investor already has in mind the renovation project when he goes to visit a immobile and it is capable of estimate costs to evaluate the investment, before buying.

Said this, we can get into some reflections on restructuring.

When you buy a property to gain from the resale (but the discussion can also apply if you want to make income), you have to consider to re-evaluate the home you have in your hands with the interventions of ad hoc restructuring.

To aspire to a high gain you have to study very carefully all changes you can do in the property. Each of these will have to be strategic.

Then, here's the real secret to increase the value of your property!

 

He studied the area well and think of your recipient

You may feel Renovating a propertytrivial, but that's the real secret to make “commerciabile” a property and thus gain from your real estate transaction.

Studying the area well and think the recipient of the property.

I put together the two concepts just to let you know how inseparable.

Devi set the restructuring pensando all’area where you are and your potential addressee. These elements are not only important in the initial phase, When you have to choose the property, but also to establish how to restructure.

The house you are about to make is not one in which you will live, thus leaving aside personal tastes and subjective choices. You must restructure to gain, so you need to create the 'ideal environment where your potential buyer want to live.

I'll give two examples to show you how important l’area where the property is located, related to Who will buy it, Also in restructuring decisions.

Suppose you have just bought a property for resale.

 

Example 1: a property in the center

If your property is on the Milan center, that will define the selling price will be quite high and probably your potential buyer will have ample availability of money.

This means that you focus on the flawless renovation work, with the choice of fine finishes and all the elements that usually seek buyers "haves".

 

Example 2: a property in the suburbs

HE, instead, Your property is located in a suburban neighborhood you will need to implement a lot of different interventions, limiting the costs and opting for cheaper solutions.

With "economic" I do not mean of course "shoddy", but with a cost suitable the recipient, that allows you to bring in anyway very good condition property and make it livable for potential buyers of this type of houses.

To recap:

Before individuals the area where there is a demand to buy homes, then choose the suitable property and after having acquired start to renovate depending on the area and the recipient.

If you get your always basandoti decisions about the area and the recipient will be able to realize the solutions suitable a specific market demand of quell’area.

So you will increase your chances to sell the property to the right person and at a price that will allow you to earn (= the highest gain with minimum risk).

The real secret to revalue a property with the refurbishment is this.

 

For each building its renovation

Renovating a propertyRemember: there is no way valid restored for all properties.

There's a mode that, a priori, It is more profitable than another. You have to find you for each property. In each investment you have to locate the most convenient way to operate.

sure, once you learn so much experience on the field You can also find your "format" that work and replicate them for the various properties, but you always pay caution a single operation and those peculiarities that make it unique.

Whenever you are holding a property ask yourself how you can increase the value. That: how to set up the restructuring in order to obtain the highest gain?

Only a knowledge depth of the zone and needs of the addressee, with lots of practice in the field, you can find the successful restructuring.

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Alberto Murgante

"I founded Twenty-one with a specific goal: help those who want to invest in finding the most cost effective and secure real estate transaction, guiding it step by step to guarantee him the highest gain with minimum risk. "

CEO - twenty S.r.l.