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Multifamily Renovation Construction Trends to look for in 2017

Multifamily Renovation Construction Trends to look for in 2017

Today, multifamily housing investors look for renovation ideas that offer them optimal utilization of available space within their budget. Whether you own a property in Scottsdale or nearby counties, a professional renovation contractor can help you augment the exteriors and interiors of your home aligned with your business objectives. As every year multifamily industry witnesses change in home remodeling and designing trends, 2017 is no different. Continuing the discussion further, we take a look at some popular multifamily renovation trends to watch for in 2017.

Wide-open Spaces

We all need our personal space, so why not have some space for your occupants? Multifamily property owners undertaking renovation or remodelling projects are providing spacious rooms or wide-open spaces such as balcony in every apartment. Hiring a professional remodeling and design company can help you ensure maximum utilization of your property while ensuring enough space for free movement within the unit.

Granite Decorations

Contemporary renters look for affordable multifamily housing unit that offer them luxury without breaking the bank. This is why decorating multifamily rental units can never be out of trend. It can only evolve. Granite has always been a popular choice for flooring, but today it has slowly cropped its way to countertops, table tops, and even clocks. When undertaking a renovation project, multifamily property owners should look at granite more than just a flooring option.

Bold and Unique Colors

Multifamily property owners are now getting more experimental than ever. They are experimenting with bold and unique color combinations to make their property stand away from the competition. Hiring a professional remodeling and design company can help you choose the right colors for your property. You can even try multicolored exteriors and wallpapers that are in trend to create attractive spaces.

Outdoor Kitchen and Dining Provisions

Multifamily property owners are optimizing outdoor spaces by adding an outdoor kitchen along with dining provisions. Having an outdoor kitchen allows tenants utilize the space for parties and celebration, without disturbing their home interiors. If you are planning to provide a furnished apartment, incorporating several decorations, such as wooden seating and chic lighting can help you enhance the appeal of your home.

Wrapping Up  

Incorporating latest renovation trends gives a fresh appeal to multifamily property, thereby making it more attractive. Tenants today like modern setting where they can relax and enjoy without having to break the bank. It is, therefore, important when remodeling your property optimize the spaces and install modern amenities to enhance its rentability. Hiring a reputable remodeling and design company will help you make the most out of your investment by implementing latest trends in your rental property within your budget.

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  • Hi Ronald, thanks for pointing out these trends! Your blog post mentions important features that property managers should address in multi-family properties.

    As you mentioned, incorporating the latest renovation trend is integral to give a fresh face to multi-family properties, while also increasing interest amongst renters. Your post offers an interesting perspective on multi-family properties incorporating luxury accommodations without breaking the bank. Another amenity property managers should consider is electronic access control. Electronic access control systems offer affordable solutions for residents and property managers who are looking for convenience and efficiency.

    Specifically, electronic access control systems provide a greater sense of efficiency for staff members and property managers, which means less time spent handling the management process. Staff members can easily grant or revoke access electronically without changing door hardware. Therefore, property managers and staff members can place a greater emphasis on other aspects of the property, such as leasing apartments to new residents.

    By implementing electronic access control systems, residents can enter their space using a single smart credential, such as their smartphone. Likewise, facilities with smart home technology often sell quicker, and the percentage of potential renters looking for properties with smart technology is on the rise.

    Do you think that electronic access control is of great importance for renters in multi-family facilities?