I just moved from the United States, I will give my perspective on this market because I am familiar with it. Real estate is a local industry. Whether luxury real estate varies greatly from market to market. The average price of a house in the Jacksonville FL area when I left it was 110,000 dollars, so the agents working with more than 500,000 dollars clients considered themselves as luxury agents. The average price of homes on Kauia on the north coast is more than 1 million dollars.
You can get luxury homes for sale in Jacksonville FL with good views for 3-4 million dollars, but the truly luxurious ones usually start at around 8-10 million dollars. That said, staying or owning any property in Jacksonville FL was luxury. Whether it’s a $ 500,000 condo or an amazing perfect house with $ 13 million located on a pristine beach.
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Repairing and improving a house are big parts of house flipping; it is actually the most exciting part for many real estate investors. Adding the right home improvements and additions to a property can substantially boost the value of that property, allowing you to make a bigger return on your investment.
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As with other investments, there are risks when you repair and improve a property. One of those risks is the safety of your workers and the project. There are some very important safety tips you need to know before you start your next project, and we are going to discuss them in this article.
Start with Insurance
Depending on the contractor you work with and the nature of your project, buying the correct insurance policy may be necessary. In most cases, it is the responsibility of the contractor to provide insurance for their workers. That said, … Read More