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Before you jump into your next renovation, extension, or development, have you actually run the numbers? And not just on what you think you should do with a property, but have you stacked it up against a number of different options?
In this episode, Rebeka breaks down how she approaches every project with an options analysis — looking at a site from a few different angles before deciding which path makes the most sense. Sometimes it’s a quick spruce, sometimes it’s a full-scale renovation… and sometimes it’s best to walk away.
She walks us through a real project where the team compared multiple options, running the feasibilities side by side to see what stacked up — and what didn’t. You’ll hear how even small shifts in strategy can completely change the outcome, and why it’s so important to understand both the profit potential and the cash you actually need to get there.
This chat is for anyone who’s ever asked, “What should I do with this property?” It’s about finding clarity in the numbers, confidence in your decision-making, and having fun in the process.
Don’t jump into your next project blind – jump in smart!
Key Takeaways
- Options analysis helps determine the best approach for a project.
- Understanding property valuation is crucial for making informed decisions.
- Different project scenarios can yield varying financial outcomes.
- Calculating costs accurately is essential for project feasibility.
- Emotional factors play a significant role in property development.
- Comparable sales analysis aids in determining property worth.
- Investing more can lead to better project outcomes.
- Feasibility tools can streamline the analysis process.
- Delivering a project within budget is key to success.
- The combination of numbers and emotional appeal maximises property value.
Connect with us:
- BuildHer Instagram: @buildhercollective
- Register for a call: https://bit.ly/bookacall
- BuildHer Website: https://buildhercollective.com.au/
- Members Only Facebook Group
This group is for members only – BuildHers and DevelopHers. This is a closed group for women who are doing our Build Like a BuildHer program or who have joined our DevelopHers Masterclass. - FREE Facebook Group
Anyone is more than welcome to join our Women who Design, Decorate, Renovate & Build group. You will note that it’s a closed group, so just request to join. If you’re into building and renovating, this is such an amazing and supportive FREE community, so come on and join in the building goodness! - You can purchase our beautiful Quarters Magazines for your coffee table which feature real case studies, interviews, practical tools and industry insights.
