Investing in a family home

Posted on 18 April 2016

Can’t afford your dream family home? Look at investing in a “hidden gem” that has endless possibilities!

The family home is an investment motivated by real-world desires and are about flexibility and longevity. Buying a home that is suitable for starting a family is a demanding and difficult process that you must enter into with an open mind for the reason that finding the perfect house with no changes to design or renovations required is a very rare occurrence.

Look for houses with possibilities such as deep yards for extending the house when more space is needed or even use that space to build a pool. These will not only benefit the family as you grow, but will increase the resale value of your home once the kids have flown the nest and you are ready to  downsize.

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Nick Lobo, editor of Habitus talks about the importance of “being able to have separate and dedicated spaces both privately, socially as a couple and as a family.” So a space where the whole family can come together and enjoy each other’s company brings good family dynamic.

Therefore when viewing a house, be creative and think about how you could refashion it to suit your families shifting needs. You never know what hidden gems you’ll find in the Brisbane property market!

Source Nick Lobo

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