Housing as an investment

A house very rarely increases that much in ten years if you just live in it and create the normal "wear and tear". However, if you regard it as an investment and make little alterations and improvements to it whilst you're living in it, it will increase the value dramatically.... for instance by altering the bathroom, replacing or updating the bath and shower, or even by putting some decking in the garden area, plus seating and shelter. My brother did that with two houses before he moved into his latest bungalow. He even made alterations there, and turned the garage into a holiday flat. So, it can be done, and without spending a large amount of money at any one time. Brightest Blessings.

We got our four bedroomed town house for a fantastic price, nothing had been done to it and so we knew that we could up the price when we came to sell it. The garden here is absolutely huge and so the first thing we did was build a garage as that adds value straight away. We still have lots of work to do on it before we can even consider it for selling but the overall value of the houses on my street has risen by about £15,000,00 since we bought ours 3 years ago, plus ours is the only one in the street with the huge garden,so I reckon it would have been £20,000.00 more on top. Unfortunately the market has gone a bit belly up and the value of houses has fallen so we might have lost a bit off the value, but I am hopefull that if the market value rises in the future and we are ready to sell then we might make a bit of a profit. I do think our house is an investment, not a huge one but enough to help us clear the mortgage off when we come to sell.

it depends on how you view investment. a home could be an investment for your peace of mind and for your family. a house can be an investment if it appreciates. there two ways to make it earn. the first one is if you let it appreciate in time but it does not become an investment if you just see it in paper. it becomes an investment if you can make it actively grow through buying and selling or have it rented , only then it can become an active investment. Your house should have money coming in rather than going out. One could have it rented and rent a place for your place but should be lower than the price of renting out your place. or you just have to keep on buying properties and have them rented but then you will have the burden of minding them. that is why most investors in real property is they buy ,re-build and sell.

A house is an excellent investment and you can do things on your own to help the value go up. Such as adding rooms and remodeling.

Investors with money invest in houses and for some it makes them more richer. I also have this condominium unit which I got about ten yeas ago and they are saying I can sold it for double the price. But i bought the unit for my own use, and I am comfortable with it. It is in the city near the place where I work and that is fine with me, no plan of selling.

Yes i think that alot of the best properties have already been snapped up but that doesn't mean there isn't alot of opportunity out there. It is a good idea to buy houses that are strucually ok but need work. The idea is spending less on a house in a better area and then making it beautiful and charging top rent for it. I also think that it is good to look for costal and regional properties, and small coastal town properties are the most profiatable, no matter what the price is it can only ever go up.