Do you wonder how to increase the property value of your home? There are many factors that influence property value of an apartment. However, you should be able to prioritize these factors to improve the property value of your home and make it a better place to live. Though location is one of the important determinants of property value of a home, there is nothing much you can do about it to increase the value of your home. But still if you are able to make your home more attractive, bigger, efficient and smarter, then its value will definitely increase. Let’s see how it works.
We see many advertisements everyday on ready to occupy apartments in Kochi, the commercial hub of Kerala, which implies that there is an increasing demand for it However, ready to occupy apartments in Kochi which are furnished, spacious and inclusive of safety features will be more attractive to people these days and fetch a higher value as it renders convenience to them, majority of whom come to the city for jobs.
Now lets us take the case of demand for apartments in Kottayam, which is not as developed as Kochi but still is a preferred place for settling down for many people. In 2018, the average price of properties in Kottayam is INR 1.64 crore while that in Kochi is only INR 80.63 lakh as per the data given in makaan.com. Many prominent builders are rendering villas and apartments in Kottayam, with all the amenities essential for convenient and luxurious living. So the most important aspects that people look out for these days are convenience and comfort, because we live in a world, wherein there is more crunch for time than money, as people are ready to pay more if they get value for what they spend.
So are you ready to spruce up your home? Start slowly, do proper research, think big, whatever be your purpose, be it for selling or renting your home or to make it a better place to live. The key point to remember is not to be impulsive but prudent enough to evaluate whether the improvisations you make are indeed worth the money you spend for it.
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