YOUR OWNERS CORPORATION AFFECTS YOUR PRIVATE LOT VALUE
Buying property is one of the biggest financial decisions you will ever make.
You are buying into a community, and to improve the value of that investment, you need to play an active role in that community.
According to Hay Property Group director Alan Stubbings, all owners should look out for one another when it comes to common property.
“You are a part of a community and if everyone looks after everyone else’s interests, long term, the value of your asset and the value of your interest is protected.”
Whether your property is a home or purely an investment, you will want to do everything in your power to help its market value rise.
If your property is part of a strata title, such as apartments, units or townhouses, there is more to consider than the appearance and maintenance of your lot.
While it’s important to ensure you keep your private property clean, well-maintained and in line with market trends, all your hard work can be undone if common areas do not meet the same standard.
TAKE AN INTEREST IN YOUR OWNERS CORPORATION