5 trending renovation_tips_get_the_most_out_of_your_multi_family_property
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Transcript of 5 trending renovation_tips_get_the_most_out_of_your_multi_family_property
5 Trending Renovation Tips: Get the Most out of Your Multi Family Property
“Deluxe is the new standard.” The reason, more and more multifamily property owners are
offering deluxe facilities in their properties to an extent that they have become a standard now.
Those who are left behind in this offering are only going to find it difficult to beat the
competition. In fact, clean, light and bright feel spaces is trending in the multifamily property
business, and every builder wants to give the nicest living and roaming space to its customers.
This article presents 5 trending tips that property investors looking for multifamily
development company for renovations can use to get the most out of their investment.
Welcome Green
Delighting renters with the sight of green. That’s what most property owners are doing these
days--adding more green spaces within their multifamily building spaces. You can lure more
tenants by adding succulents in seating areas. To bring in more natural light to living spaces, use
doors with window panes, and use a single pane to provide more pool view.
Try Tiles
Tiles are the ‘in’ thing in business these days, as many multifamily property owners are using
them owing primarily to their aesthetic offerings. Get any brilliant design from brick looks to
herring bone, and large cement tiles from the market to make an impact among your audience.
Forget not, that these updated classics--we mean tiles--are quite economical and durable as
well.
Wood Finishes: Don’t Stick to One
Though using one wood throughout may look like an obvious option, it is not anymore. Get rid
of this habit if you are still using it, as the trend is of mixing. According to many interior
designers, mixing wood in interior designing has become the new status quo to get that high-
end look. The trend is evolving and is expected to exist in the market for a while.
Add Large, Appealing Furniture
You must have noticed that most studios often have oversized and comfortable furniture. The
good news is that these type of furntiures are no more limited to studios only. Many spaces
within multifamily property buildings, especially lounge, and the entry areas have big and
oversized tables, sofa sets, and more these days, fitted mainly with a purpose to give customers
a warm and welcoming feeling. Try on with your property, and feel the difference.
Repurpose to Control Costs
Chances are, cost is a concern for you during renovation. To optimize your investment, without
exceeding expenses, use small things that make big impact. Go with 100 percent paint. Rip out
the old carpets and window treatments to redo and add other details. You may salvage the
facility’s floor to keep it shining and looking new, without having to invest a hefty amount on
reflooring it entirely.
Conclusion
Renovating your multifamily properties is a nice and economical way to create better living
spaces, without enduring a costly project that starts from ground zero. To optimize your
investment, however, you need to focus on the latest trends in your business that other
multifamily property owners are experimenting, and residents are embracing. At the same
time, it is imperative to find an experienced multifamily development company that provides
renovations services.
Our Offices United Renovations Specialty Group
http://www.urspecialtygroup.com/contact-us/
1405 North Hayden Road, Suite 101
Scottsdale, AZ 85257
(480) 219-6743
(866) 333-5159
E-mail: [email protected]