Latest / The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1684 No balconies, no worries
🏢 Do balconies really add value? 🤔For years, a balcony was a must-have feature. But are buyers, tenants and investors starting to think differently?💰 Balcony waterproofing can lead to expensive strata repairs🏗️ Planter boxes and membranes can create long-term maintenance issues🌿 Many newer buildings now offer shared rooftop terraces and entertaining spaces📺 And let's be honest... how often do we actually use our balconies?For investors especially, a well-located apartment without a balcony can sometimes mean fewer maintenance headaches and lower future costs.The takeaway? Don't judge a…
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