Many people nowadays are choosing to purchase a property to renovate – although this is not something that suits everyone, if you are willing to go through the process it certainly has a lot of positives to it.
One of the best things about renovating a property is the fact that you are more or less starting from scratch – normally when you move into a house that doesn’t need renovation, you will paint the walls, add some accessories you love like a Gill Parker bronze wildlife sculpture and that will be pretty much it.
But when you renovate a place, you will find that you get to choose a lot more than just the décor. It is an opportunity to create house that is the way you want it from the building stage. A bit like a blank canvas, if you have the vision then go for it!
As well as this there is also the fact that properties that are in need of work are often much cheaper to buy. So, if you can’t afford to buy a home in an area you love, buying a property in that area in need of renovation is a great way to get to live there.
It also offers a great investment opportunity – there is a reason these sorts of homes are popular with investors – it can often make you a lot of money when you re-sell it and there are many people who buy these properties just to do up and then sell on.