Renovate the Family home !?!?

There is a heap of good reasons why you might renovate the family home.
1  If you have owned the home for more than ten years it is likely your largest family asset.
2  For a modest outlay of between one percent and ten percent of the home value you can uplift the home value through renovating. One should aim for a high rate of earnings return on your renovation expense, a three times return is entirely possible.
3  One can renovate in your own time and at your own pace, either, as a do it yourself or through contractors.
4  Some simple and low cost renovation ideas, can make a disproportionally favourable impact, on the home value.
5  A wealth of advisory consultants and services are available for the home renovator.
6  A home renovation will make your home more comfortable and enjoyable place to live.
7  If you employ your friends and family labour expenses can be minimal.
8  An investment in energy and water savings renovation measures, can cut your Utility bills, as well as make the home more comfortable.
9  A family home renovation is likely to have major tax advantages, over just about any other investment or business area.

10  Rather than moving house, as your family changes, a home renovation is likely to be far more cost efficient.

11  Big box Hardware stores like Home Depot, B&G, Lowes, Bunnings and Masters will provide low cost materials, renovation advice, including access to recommended contractors.
12  One of my favourite ideas is to renovate during the holidays. This means arrange a contractor, book the holidays, go on holiday, return to find the home renewed, renovated and revitalised. Then revalue to fund your dreams!