Getting started

There's no one place to begin when you're renovating or building - but we reckon having a well-rounded idea of what the pros and cons could be is a good place to start.

The good and the not-so-good about building a new home

Advantages

you can create the home you want on a section you like
everything will be new
you shouldn’t have to worry about maintenance for some years
new houses are usually a lot more energy efficient.

Things to consider

it’s a big job and will require your time even if someone else is managing the project for you – as well as time to complete the build
what the resale value would be after the building work is complete (consider building in a manner that’s in keeping with the area)
if there are no neighbours yet, could they take your view, sun or privacy when they build?

If you’re renovating, does it add value?

When you’re renovating, consider first whether the alterations will add real value to the home or not, for when you might sell the home down the track. Here’s some help.

Some renovations that can add value:

redecorating that makes a home feel lighter, more spacious and cleaner
work that cuts down on frequent maintenance
improving kitchens and bathrooms
extra living space and indoor-outdoor flow
easy-care, attractive gardens
better lighting and skylights.

Some renovations that may not:

renovations that are out of character with the home and neighbourhood
anything that takes something away, such as turning 3 bedrooms into 2, or making a garage into a games room
adding unusual features or things most people don’t want
turning your home into the most expensive home in the neighbourhood.