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How three siblings increased their inheritance by $278,000

How three siblings increased their inheritance by $278,000

Renovating may be a lucrative option if you’ve inherited an outdated property with dowdy features.

By considering a property’s potential – rather than just selling it – you could boost your inheritance. Simon Letch

Most people would consider three siblings inheriting a home worth $3 million as a windfall. But what if – by investing a little time and money – they could increase the property’s value and thereby their inheritance?

Project manager Kristen Jackson, whose company Wealth House specialises in pre-sale renovations, helped three siblings do just that with the family home in Sydney they inherited after their mother’s death.

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Michelle Bowes
Michelle BowesWealth reporterMichelle Bowes writes about wealth from our Sydney newsroom. She has more than 20 years of experience as a business journalist and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com

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Original URL: https://www.afr.com/wealth/personal-finance/how-three-siblings-increased-their-inheritance-by-278-000-20250228-p5lfyd