The value of having the option to renovate in the future is that it allows the owner to make changes to the property that may increase its value. For example, if the owner wants to add an extra bedroom, they can do so without having to sell the property and move to a new one. This can be a great way to increase the value of the property over time.
What is renovation?
The process of improving a broken, damaged, or old structure is known as renovation. Commercial and residential renovations are both common. Furthermore, refurbishment can relate to creating something new or bringing something back to life, and it can be used in social circumstances. A community, for example, can be renovated if it is fortified and revitalised.
To learn more about renovation
https://brainly.com/question/15007640
#SPJ4
