Property

Make your home work for you

MOST people know how much money they have in the bank but far fewer know how much their home is truly worth, says LJ Hooker Toowoomba salesperson Alan Reilly.

"Home owners should have a regular appraisal of their property, which does not require any commitment on their part to list for sale but provides a knowledge-based assessment of where the market would likely see the home's current selling range," he said.

Alan said the moment a property sells it gave vital information on the value of a similar property in the same market conditions.

Once you know what your own home is worth, Mr Reilly said it opened up the possibility of using the equity in it as leverage to buy an investment property.

"The equity in your home is the difference between the price you owe on the home and how much your home is worth," he said.

"You can increase your equity three key ways - by decreasing your mortgage via additional payments, through the naturally rising property values or by home improvements that will raise the perceived value of your home.

"Undertaking pro-active renovations or extensions should increase its market value.

"To do this successfully you should have up-to-date market information and know what that local market is after.

"This is because the aim is to attract buyers who will pay for the new features your home offers at the time you want to sell.

"Our aim is to keep homeowners constantly informed by drawing on the team's expertise and its knowledge of ongoing market activity."

Contact Alan Reilly at LJ Hooker Toowoomba on 0427 655 767 or areilly@ljht.com.au for an obligation free market appraisal.

The team at LJ Hooker Toowoomba consists of sales, property management and property finance specialists who welcome your questions and provide regular updates on matters affecting your property's value.

Topics:  market property real estate



Giant 'prehistoric' eel caught on golf course

MONSTER: Sandy Gallop Golf Club greenkeeper Jimmy Shaw with the giant eel he caught in the murky depths of Deebing Creek on the 18th hole.

Sandy Gallop greenkeeper wrestles with beastly serpent from the deep

Truck funeral procession to be held for Lowood driver

Dallas Holland

Lowood truck driver Dallas Holland to be buried on Saturday

10 weird things you can buy (and get for free) right now

GREAT BUY: Meat Loaf's biography is just one of the things you can buy on Ipswich Facebook pages.

The best from Ipswich's swap and sell social media pages...

Local Partners

Gatton family claims game show success

A GATTON family walked away with more than $11,000 after an exciting three-night run on game show Family Feud.


See this teen dancing sensation right now

HARD WORK: Katie Bell from Haigslea will perform at QPAC from January 19-21.

IPSWICH ballerina Katie Bell is performing in Cinderella at QPAC

Your guide to a great night out in Ipswich

Blue Suede will play Brothers Leagues Club on Sunday.

Here's the latest on the the city's live music scene

Puppetry of the Penis secrets revealed ahead of show

The famed Puppetry of the Penis is coming to the Sunshine Coast for shows in Noosa and Caloundra.

WARNING: This interview contains adult themes and traces of nuts

Elsa voice actor's son hates Frozen

Idina Menzel's son "hates" his mother's most famous film 'Frozen'

Chrissy Teigen likes her "soft" stretch marks

Stretch marks are no problem for Chrissy Teigen

Naomie Harris in the dark over Daniel Craig's future as 007

Naomie Harris has no idea if Daniel Craig will be returning as 007

REVIEW: Will Kasey Chambers' Dragonfly take off with fans?

Kasey Chambers’ new album Dragonfly gets 3.5 stars from Cameron Adams.

CHAMBERS is back with her 11th studio album.

Ed Sheeran wants Beyonce collaboration

Ed Sheeran wants to record a duet with Beyoncé.

Nicole Kidman squirms through questions on Keith

Nicole Kidman and Keith Urban

'God, you guys are personal ... that’s for him to talk about'

By the water's edge

Secure your seachange

Work to be done before Hungry Jack's opens

Roadworks outside the Hungry Jack's restaurant at Brassall must be completed before it opens.

Ipswich residents will have to wait for their Whoppers

HOT PROPERTY: Money to spend on land, buildings

File picture.

Sale, leasing of industrial real estate picks up in Mackay

Collapsed Coast company could owe up to $5 million

Staff, ATO, landlords among those out of pocket.

Ipswich block of dirt sells for $582 a square metre

JUST SOLD: A property on the Brookwater golf course sold for a record-breaking $612,000.

Property smashed 2007 record by close to $100,000

Ready to SELL your property?

Post Your Ad Here!