With the Auckland property market booming and the Auckland unitary plan enabling more smaller houses to be built, we are seeing a rise in smaller build investment properties. But that does not mean they need to bring in less for the owner. Check out some of the latest big ideas for small properties
One of the biggest challenges property investors face is making a small home feel bigger than it is. Simple things like zoning a home internally can greatly impact how large or small a house can feel. Combining kitchen, dining and lounge into one area and having the bedrooms on a separate floor can make the space feel larger than it is.
As houses get smaller, investment property developers look for ways to increase the value of their investments, we are seeing a design shift in the properties we build. The trend is shifting towards well-designed terrace houses and flats in Auckland.
Small adjustments to bathroom functionality and the colours used on the walls will greatly impact the value of your investment property and can hugely favor the renter’s market in Auckland. Renters want the properties they choose to feel like a home and are willing to pay a premium to get that. Simple adjustments like considering the tapware and a separate bathroom and toilet can impact a property value hugely without costing the investor that much to start with.
At 3C Homes, we work with our clients to ensure their property investments are positively geared, regardless of the location and floor space. We have heaps of good ideas for small properties. If you think you could benefit from a chat about optimising your small investment property or are looking at entering the property investment market, feel free to get in touch with us via our contact us page.