February 5, 2008
Building better than buying?
It seems that with the rocky state that the property market finds itself in these days, that there may be other ways of being able to make a profit within the property market.
The concept of building a house may at first seem to be a rather daunting scheme, but with all the expert help that can be found now and especially if the market is slightly depressed there are many highly skilled construction personnel looking for jobs.
The options would be to buy a house for say £200,000 which after completion may still be worth the same amount, but if the self build option was looked into, then by using the same budget of £200,000, when the job is completed then you would be left with a property that is worth considerably more than the initial investment. Yes it is a head ache, but it has to be worth it.
Source [Propland]
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