Monday 20 April 2015

Adding Curb Appeal to your Multifamily Property

Multifamily Renovation
What looks good, sells good – it’s a simple formula. Whether you need to sell your second-hand car or rent out a home, appearance makes a difference. From simple upgrades to exhausting landscaping, there are numerous ways to enhance the visual appeal and value of your multifamily property.

Edging the Driveway
You can add an elegant look to the property by installing a border along the driveway. You need to use bricks, stones, pavers, or their various combinations to achieve the look.

Installing Lights on the Sidewalk
Lights not only make the entryway look welcoming at night, they are also important from a safety perspective. You can install solar lights as they don't require a running electrical cable and they are cost efficient too. People like a well-lit property, thereby resulting in an increase in the influx of tenants.

Installing Exterior Decorations
If there's a huge empty space in front of the multifamily property, why not decorate it? You can fill up the space with lounge furniture that looks beautiful and tenants also get a chance to sit together and interact with each other. Also, you can hang lamps or put up sculptures, birdbaths and wind chimes to make the whole place look more desirable.

Painting
If painting the entire multifamily property is too expensive, start by painting the exterior. It is true that a coat of fresh paint gives a contemporary appearance to the multifamily property. It also gives an impression that the property is a well-maintained one.

Landscaping
If done the right way, landscaping can radically alter the value of your property. If you can’t afford to hire a landscape architect, at the very least, make sure there are areas of well-maintained grass and flowers.

Placing Arbors/Fence Panels
Garden gates, arbors and other short sections of decorative fence panels tend to increase the exterior appeal of a multifamily property. To add more appeal, you need to use professionals to paint or stain these items according to the colors already present within the premises of the multifamily property.

Taking Care of Gutters and Downspouts
If the gutter system in the multifamily property is old, then there are chances that it might have a rust spot or the paint is coming off in one or several places. You need to employ professionals to replace it with a snap-fit vinyl gutter system that doesn’t need painting, but only a few tools.

Conclusion
Although a DIY job is considered by many to be cheaper than hiring a professional, it is unadvisable to take any chance with a multifamily property. This is your investment and source of income and you need to focus on enhancing its value. For this reason, get in touch with professional renovation contractors to add curb appeal to your property.