Top 10 value adding renovation tips

Be they investors or owner-occupiers, New Zealanders have long had a deep love of renovation. But for investors, renovation work presents solid financial opportunities.

An effective renovation job on an investment property can boost capital gain, increase the potential sale price or make it more attractive to tenants thus upping the asking rent and cash flow.

So we asked two successful investors-renovators – Ronovationz coach Roy Adams and “The Invisible Millionaire” author Jonathan Bidmead – to share their best tips on how to maximise the value in a renovation.

1. Effective capitalisation