Dabbling in the Real Estate industry could bring you good returns as it is an investment which apart from the returns it would bring, has a value appreciating factor too attached. You would buy Real Estate and initiate some developments or spruce it up so that it is pleasant to the beholder to sway him or her to buy.

The cosmetic changes that you may execute could enhance the value of the property but you would need to keep it within acceptable cost. You could sell property, whatever it may be, a bare land or house would have a value attached to it depending on many internal and external factors. Internal would be the general layout of the property and if it is a house the locality, the age, the number of bedrooms, ambience, facilities, area and many other related factors.

If it is a bare land, whether it has a commercial or residential value, extent, availability of amenities like access, water, electricity etc. It is imperative that most modern amenities, and easy accessibility and its suitability for a commercial or residential use would need to be considered, when it is a bare land. If such amenities are not available to the land it may be your prerogative to ensure that these are provided because if you do, the value would be enhanced and you could realize a good return on your investment.

It would prudent to ensure that before you purchase the land to ensure you could provide the amenities that are lacking and you would have the authority to do from the relevant regulators. Selling house would be quite a different ball game as it would generally be on a “as is where is” basis with not much you could do about it rather than selling it off soon.

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