Project homes are volume builders. They build hundreds or thousands of home each year - mostly their own designs (or variations of same). They negotiate good deals with their suppliers and sub-contractors to keep the price down.
If you want to build a private design, all that is lost, and the...
When we buy units in the Inner West and other places, we avoid buildings with lifts because of the increased costs associated with maintenance, that strata levies must cover.
You don't say how many units are in the complex - but I suppose the more units then the more owners to share the costs...
I arrive back from a short holiday to be greeted with this sad news, WOW :(
^ ^ what he said.......and to all the moderators over the years too.
I've learned heaps from everyone's contributions and even changed careers and became a Buyers Agent during my time on here.
If you spend $30K on a pool it adds less than that to the value of the property - maybe $20K at most, so it is not a value-add.
In addition, you severely restrict your potential pool of buyers for a resale.
30% of the market is investors - almost 100% of whom do not want a pool in their IP...
If it backs a railway line, depending on the suburb, it may sneak in under $400K. I think my record for seeing agent under quoting is an initial price guide of $1.1M which was increased to $1.3M during the campaign, that ended up selling at auction for $2.56M. So nothing seems unusual to me anymore.
In my opinion it won't increase the value of the unit. You still have a 1/3 share of the backyard as you always did.
However, it is more attractive to someone wanting to rent or to buy in the future, and should therefore sell quicker, maybe for a better price.