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Does adding a bedroom really increase your property’s value?

By Teresa Gow

Australians spend $31.4billion renovating their homes every year, Housing Industry Association data shows. You can be sure that a large portion of that money goes towards adding bedrooms, often with the idea that doing so will add value to the property.

But the question remains – does adding a room really make a difference to your property’s value? And how can you get the most out of your renovations?

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