• Posted on 17 Jun 2020
  • 1-minute read

Here are some questions to ask yourself when trying to decide between renovating and moving – and how to add value to your existing home.

Professor Sara Wilkinson and Associate Professor Hera Antoniades, School of Built Environment

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The government’s HomeBuilder scheme allows certain home owners to apply for a tax-free grant of A$25,000 if they are spending between $150,000 and $750,000 renovating a home or building a new home. Eligibility criteria are strict.

The scheme has boosted renovation talk in some circles (although, as CoreLogic has pointed out, it may merely bring forward works that were already planned).

Here are some questions to ask yourself when trying to decide between renovating and moving – and how to add value to your existing home.

 

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