Investing in the improvement of a property is key to increasing its value. It is recommended to allocate at least five percent of the total value of the property. However, if improvements are poorly chosen, there is a risk of losing more than half of that investment within a year.
An important aspect to enhance the value compared to neighboring properties is the order of the property. Avoiding the conversion of spaces into storage areas or trash deposits is essential, as this can deteriorate the property over time. Additionally, it is crucial to keep the spaces clean and not use them as deposits for parts and objects that will never be used.
Cleaning and respect for the original architecture are key. If the property has old architecture, preserving it can increase its value by representing a specific historical moment. Gardening and landscaping are also aspects that influence the value of a property.
When considering renovations, it is advisable to respect the original architecture and avoid unnecessary modifications that could decrease the value. It is recommended to invest up to thirty percent of the total value of the property in improvements and renovations, to avoid turning the property into a "white elephant" that is difficult to sell in the future.
Making changes to elements such as sanitary furniture, doors, tiles, and paint can significantly increase the value of a property. According to experts, by investing around five percent of the total value of the property appropriately, it is possible to achieve an increase of up to thirty-five percent in its total value. It is essential to select the improvements wisely to ensure positive results in the value of the property.
