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 Will house valuation increase when..., renovated with legal floor extensions?

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TSHaVoC
post Mar 28 2018, 10:52 AM, updated 8y ago

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Joined: Jan 2003
From: My Mother's Womb


Good day all sifus and gurus, a newbie question here. doh.gif
As per title, I've seen plenty of single storey owners spending lots of money to do floor extension renovations. (1 storey -> 2 storey)
I'm curious if this actually increase the valuation of the house?
If not aren't these people risking the bulk of the money spent having zero returns when selling? hmm.gif

 

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